LML4805 Insurance Law (LML4805)

LML4805 EXAM PACK 2024 Latest exam pack questions and answers and summarized notes for exam preparation. 100% TRUSTED workings, explanations and solutions. For assistance call or us on .

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LML4805 SUMMARISED NOTES 2022/2023 UNIT 1 Diagrammatic Overview Study the diagrammatic overview for Learning Unit 1 that is attached to the study guide in Addendum A. Prescribed Study Material Study the diagrammatic overview in conjunction with the following prescribed study material for this Learning Unit:  Learning Unit 1 in the study guide  Reinecke et al, paras 1.1–1.59 Learning Activities  Visit the Schedule for the module-related study plan as well as important date...

LML4805 insurance LAW SUMMARISED NOTES 2022/2023 General principles of insurance law Ch 1 introduction history and sources of insurance law 5. prelim def of ins contract: Lake v Reinsurance corp: A contract between an insurer (or assurer) and an insured (or assured) whereby the insurer undertakes in return for the payment of a price or premium to render to the insured a sum of money or its equivalent on the happening of a specified uncertain event in which the insured has some interest. ...

LML4805 EXAM PACK 2022 EXAM PACK DEFINITIONS Distinguish (in a single sentence, where possible, and with the aid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contract with the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insure B’s interest in hi...

LML4805 -Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in h...

LML4805-Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in hi...

LML4805 - Insurance Law EXAM PACK 2022. DEFINITIONS Distinguish (in a single sentence, where possible, and with theaid of examples, where necessary) between: QUESTION 1: The insured and the person concluding the insurance contractwith the insurer  the person taking out the insurance (ie, the person concluding the contract with the insurer) A may insure his or her own interest in his or her own house. A may insure his or her own interest in B’s house. A may insureB’s interest in ...