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WARRANTIES AND OTHERS TERMS, VOID AND ILLEGAL CONTRACTS, JOINT AND…
WARRANTIES AND OTHERS TERMS, VOID AND ILLEGAL CONTRACTS, JOINT AND COMPOSITE INSURANCE
A) WARRANTIES AND OTHERS TERMS
FSA INSURANCE CONDUCT OF BUSINESS RULES
COMPULSORY INSURANCE
MOTOR INSURANCE
EMPLOYERS LIABILITY INSURANCE
CONDITIONS
PRECEDENT CONTRACT
PRECEDENT LIABILITY
MINOR TERMS IN POLICY
EXCLUSIONS
SUSPENSIVE CONDITIONS / CLAUSES DESCRIBING THE RISK
WARRANTIES
NATURE OF RISK
IF BROKEN INSURER IS ALLOWED TO REPUDIATE THE CONTRACT AS A WHOLE
CONTINUING WARRANTIES
EXACT COMPLIANCE
TERMINATION ARISES FROM THE DATE OF BREACH
CAN AVOID THE LIABILITY ALTHOUGH HAVE NO CONNECTION WITH SUBSEQUENT LOSS
WARRANTIES OF OPINIONS
3 WAYS
IMPLIED WARRANTIES
NON-MARINE CANNOT BE APPLIED
BASIS OF THE CONTRACT CLAUSE
EXPRESS WARRANTIES
BREACH
TERMINATE WHOLE R PART OF POLICY
WAIVER
THE TERMS OF CONTRACT
NON INSURANCE CONTRACT TERMS
GENERAL LAW
MINOR PART OF AGREEMENT ONLY
HAS RIGHT TO CLAIM THE DAMAGE BUT ALSO TO AVOID THE CONTRACT
INSURANCE CONTRACT TERMS
GREATER PART
IMPOSE OBLIGATIONS ON THE INSURED
WRITTEN OR ORAL
B) VOID AND ILLEGAL INSURANCE CONTRACTS
MISTAKE
ILLEGALITY
LIFE INSURANCE
PROPERTY INSURANCE
MOTOR AND LIABILITY INSURANCE
SUMMARY
C) JOINT AND COMPOSITE INSURANCE
DISTINGUISHING