CML4502F INSURANCE LAW (was CML4101F)
NQF credits: 9 at HEQSF level 8
Final Level, half course, first semester, two lectures per week.
Dr A Hutchison and Ms H Stoop
All Preliminary and Intermediate Level Courses to have been completed.
This course will serve as an introduction to the law of insurance in South Africa, concentrating on general principles, but relating those principles, where possible, to practical applications. Both short term and long term insurances are dealt with. The course covers a brief history of the origins of insurance law and practice before visiting the basic requirements for a valid insurance contract. These include the notion of an insurable interest, good faith in insurance contracts, and warranties and exceptions. Claims procedures are touched upon. Where time permits, a brief introduction is given to motor and marine insurance.
Satisfactory attendance at and participation in lectures.
3000 word assignment (compulsory) 30%
Presentation on a topic of choice (voluntary) 20%
June Examination 50% (if presentation) or 70% (if no presentation)