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Insurance issues are a familiar and pervasive component of most contemporary personal and business transactions, making a basic understanding of the legal principles that underlie insurance an important asset for lawyers in all areas of practice. Canadian law closely regulates the insurance industry in every provincial and territorial jurisdiction, and this title provides a concise and valuable summary of the many aspects of this area of law.
From general insurance issues to the specific rules that apply to particular types of insurance, this volume is an ideal resource for users seeking both a broad overview of the law and direct answers to questions likely to arise in the course of practice .
This volume includes coverage of: the regulation of insurance; the interpretation of insurance policies; the formation of the insurance relationship; the duties of policyholders and insurers; property and fire insurance; liability insurance; accident and sickness insurance; life insurance; and marine insurance. Specific topics covered include:
- The principles of indemnity and fortuity
- Insurable interests
- Causation
- Contents, commencement, and termination of insurance contracts
- Waiver and estoppel
- Relief from forfeiture
- Disclosure
- Notice and proof of loss
- Co-operation
- Good faith
- Settlement and payment of claims
- Seeking out information from policyholders and investigations
- Property and fire insurance
- Liability Insurance
- Accident and sickness insurance
- Life insurance
- Marine insurance