University of Technology SydneyHandbook 2006

76022 Insurance Law1

6cp
Requisite(s): 70211 Law of Contract AND 70311 Law of Tort
There are also course requisites for this subject. See access conditions.
Undergraduate
Subject coordinator: C Ying

This subject concentrates on a study of the general principles of insurance law, but does not examine in detail the special rules governing each class of insurance contract. After the nature of the contract of insurance is noted, key concepts are dealt with: insurable interest, indemnity and subrogation, risk, non-disclosure, misrepresentation, conditions, warranties and premium. Subsidiary matters such as assignment of policies, liens and reinsurance are considered. The role of insurance intermediaries in the formation of contracts of insurance is examined. The subject thus focuses on the legal rights and liabilities of parties to an insurance contract in the context of common law principles and statutory modification. In addition, consideration is given to the regulatory framework within which the insurance industry operates in Australia.

Footnote(s)

1. Formerly named Law of Insurance.

Fee information

2006 contribution for 2005/06 commencing Commonwealth-supported undergraduate students: $1,021.25
2006 amount for undergraduate domestic fee-paying students: $2,310.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2006 for 2005/06 commencing Commonwealth-supported and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported undergraduate students should consult the Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Other students (such as postgraduate students and international students) should refer to the Fees webpage.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at Access conditions and My Student Admin.