FAK 2625 Motor Insurance

FAK 2625 Motor Insurance

Course code: 
FAK 2625
Law and Governance
Course coordinator: 
Ina Due-Tønnessen
Course name in Norwegian: 
Motorvognforsikring - kontinuasjonseksamen
Product category: 
Course in Insurance
2019 Autumn
Active status: 
Re-sit exam
Level of study: 
Resit exam semesters: 
2019 Spring
2019 Autumn
Teaching language: 
Course type: 
One semester

The course will give a broad introduction to the topic motor vehicle insurance. Mandatory in authorization of claims handlers dealing with motor vehicle damages and insurance advisors regarding private property insurance.

Learning outcomes - Knowledge

The students shall obtain essential knowledge of insurance terms and rules and regulations concerning motor insurance.

Learning outcomes - Skills

This course will give students ability to give advice in most topics related to insurance terms and insurance law concerning motor insurance. The students will also know how to use this knowledge in claims handling.

General Competence

During the course, the students should have acquired a conscious attitude to the fact that their professional choices and advises first and foremost are of importance for other people than themselves.

Course content

The Insurance Contract/ The Insurance Contracts Act

  • Regulation regarding formation of contract, premium rating and claims handling. Duty of disclosure, Insurance certificate, limitations, limitation period/ cancellations, complaint handlings, complaint boards, fraud.

Terms regarding Motor Insurance

  • Terms regulation regarding who is insured, what is insured, where is the insurance valid.
  • Terms regulation regarding what kind of damages is covered/not covered, limitations, special types of coverage.
  • Regulations regarding claims handling.

Motor vehicle liability

  • Motor Vehicle liability Act.
  • Rules and regulation.
  • Limitations and regulations regarding damage caused by unknown or uninsured vehicle.
  • Rules and regulations regarding accomplish liability by the claimant and regulation regarding collisions.

Ratings and risk factors regarding Motor Insurance

  • Central principles of rating, including rating of due to location, mileage, minimum age- high risk, types of insurance and safety measures.
  • Elements of risk regarding liability insurance and comprehensive insurance. -Calculation of premium .
  • Bonus scheme, methods of bonus allocation.

Loss prevention

  • Philosophy of loss preventioni
  • Road safety

Leisure boat insurance

  • Terms, regulations and ratings
  • Standard policy conditions
Teaching and learning activities

Organized as E-Learning based on self-tuition and 4 send-ins (not mandatory).
Intensive three-days seminars are organized but participation is not mandatory.

Software tools
No specified computer-based tools are required.

Higher Education Entrance Qualification

Required prerequisite knowledge

The student needs basic knowledge of the Norwegian Insurance Industry. The courses Introduction to Insurance or similar should be completed. Experience from work in the Insurance Indusstry is an important source of understanding as well.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Form of assessment:
Written submission
Exam code:
FAK 26251
Grading scale:
Grading rules:
Internal and external examiner
Examination when next scheduled course
100Yes4 Hour(s)
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
Individual 4 hours individual written exam. If used for Authorization the candidate must obtain at least grade C.
Exam category:Submission
Form of assessment:Written submission
Grouping (size):Individual
Support materials:
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
Duration:4 Hour(s)
Comment:4 hours individual written exam. If used for Authorization the candidate must obtain at least grade C.
Exam code:FAK 26251
Grading scale:ECTS
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
Student workload
Teaching on Campus
21 Hour(s)
Participation on an intensive 3-days-seminar
19 Hour(s)
4 send-inns (not mandatory)
Student's own work with learning resources
156 Hour(s)
Curriculum and exercises
4 Hour(s)
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.