IRMI on Legal Principles Affecting the P and C Insurance Contract


Legal issues affect nearly every aspect of the insurance transaction and a solid grounding in legal concepts assists all insurance professionals – agents/brokers, adjusters, and underwriters – in numerous ways. This course will provide an overview of  legal principles as they apply to property and casualty contracts and outline key rules involved in properly constructing an insurance policy. 

Learning Objectives

Upon completion, students will be able to:

  • identify the sources of law, such as statutory law, case law, and administrative law that impact insurance transactions.
  • understand the purpose of insurance regulation and the ways this legally affects the operations of the P&C insurance industry.
  • identify the characteristics of insurance contracts and how these contracts specifically differ from noninsurance contracts.
  • understand key rules involved in the proper construction of an insurance policy

Designed For

Property and casualty insurance agents, brokers, and adjusters at any level in their career

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

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