FAK 2628 Introduction to Insurance law

APPLIES TO ACADEMIC YEAR 2012/2013

FAK 2628 Introduction to Insurance law

Responsible for the course
Ørnulf Daler

Department
Department of Accounting - Auditing and Law

Term
According to study plan

ECTS Credits
7.5

Language of instruction
Norwegian

Introduction
The course is primarily aimed at employees in the insurance industry with law as a part of their work. The course is obligatory to the Insurance exam.


Learning outcome
Acquired knowledge
The students shall get a thorough introduction to insurance law and law of damages.

Acquired skills
The students shall be able to use law of damages and insurance law for practical tasks, concerning advising as well as claims handling and settlements.

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


Prerequisites
The student needs basic knowledge of the Norwegian Insurance Industry and central statutory provisions concerning the Industry.

Compulsory reading
Books:
Engström, Björn. 2009. Erstatningsrett : en innføring. 4. utg. BI Forsikring. 226
Haugen, Jan M. 2009. Forsikringsrett : en innføring. 5. utg. BI Forsikring. 330


Recommended reading

Course outline
Law of damages

  • Contractual and Non-contractual compensation
  • The position of the Law of damages
  • Causality
  • The size of compensation

Insurance Law
  • The Insurance contract etc.
  • The parties’ obligations at the contract agreement
  • The assumptions for the Insurance companies’ liabilities
  • Identification
  • The Insurance Company’s liability for salvage expenses
  • Third party as a part of the insurance contract
  • The extent of the insurance contract
  • The settlement

Computer-based tools
It’s learning (virtual classroom/intranet facilities)

Learning process and workload
Part-time organized as distance education based on self-tuition and 4 send-ins (not mandatory).
Intensive 1 + 3 days seminars are organized. Participation mandatory.

Recommended use of time:

Activity
Use of hours
Participation on the 5 seminar days
28
4 mandatory assignments
16
Reading of curriculum, activities on its learning
120
Preparation for exam
32
Examination
4
Recommended total workload
200


Coursework requirements
None

Examination


Examination code(s)
Four hours individual written examination.

Examination support materials
The Norwegian Code of Laws and BI-defined exam calculator. TEXAS INSTRUMENTS BA II Plus™
Exam aids at written examinations are explained under exam information in our web-based Student handbook. Please note use of calculator and dictionary. http://www.bi.edu/studenthandbook/examaids


Re-sit examination
A re-sit is held at the next scheduled exam in the course.

Additional information