CIP013 - Insurance Against Liability Part I

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Last revision date May 25, 2020 12:07:22 AM
Last review date Aug 3, 2020 12:15:02 AM

Subject Title
Insurance Against Liability Part I

Subject Description
Insurance Against Liability Part I: This subject introduces students to those legal principles that affect liability insurance including an introduction to the Canadian legal system and the differences between the common law and the Civil Code of Quebec. The course includes discussion of some of the more common ways people become liable to each other and explains how this liability may be insured or why it cannot be insured.
Pre-requisites: CIP012, and CIP014

Credit Status
One Credit

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Demonstrate a basic understanding of the Canadian legal systems and how they relate to liability insurance.

2. Explain how different types of liability arise and how an individual or organization may deal with each one.

3. Show an understanding of the legal concepts which apply to liability insurance.

4. Discuss in detail the policies and coverages available for different types of liability exposure, the applicable conditions and exclusions.

5. Outline the basic underwriting considerations for various types of liability exposure.

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