... 3/1 3.1.1 Definition 3.1.2 Importance of Insurable Interest 3.1.3 Its Essential Criteria 3.1.4 How It Arises 3.1.5 When Is It Needed? 3.1.6 Assignment iii 3.2 Utmost Good Faith 3/4 3.2.1 Ordinary Good Faith 3.2.2 Utmost Good Faith 3.2.3 Material Fact 3.2.4 When to Disclose Material Facts 3.2.5 Types...

...; (ii) refundable insurance policies providing hospital cash, medical, critical illness, personal accident, disability and/or long-term care cover; (iii) yearly renewable insurance policies (without cash value) providing hospital cash, medical, critical illness, personal accident, disability, and/or...

... being invited to insure; (c) as a separate field of knowledge and research, risk management may be said to be that branch of management which seeks to: (i) identify; (ii) quantify; and (iii) deal with risks (whether pure or speculative) that threaten an organisation. Tools or measures of risk handling...

... heavily on the expected standards set out in The Code of Conduct for Insurers, with particular reference to 'Part III: Claims'. The first requirement of the section states, ‘Insurers should seek to handle all claims efficiently, speedily and fairly’. As such, as to whether an insurer has acted fairly in...

... Criteria 3.1.4 How It Arises 3.1.5 When Is It Needed? 3.1.6 Assignment iii 3.2 Utmost Good Faith 3/4 3.2.1 Ordinary Good Faith 3.2.2 Utmost Good Faith 3.2.3 Material Fact 3.2.4 When to Disclose Material Facts 3.2.5 Types of Breach of Utmost Good Faith 3.2.6 Remedies for Breach of Utmost Good Faith 3.3...

... insurance liabilities, and (iii) possess either of the following qualifications or a qualification that is accepted by the IA as being comparable to the following qualifications a) Fellow of the Institute and Faculty of Actuaries of the United Kingdom, b) Fellow of the Institute of Actuaries of Australia...

... insurance liabilities, and (iii) possess either of the following qualifications or a qualification that is accepted by the IA as being comparable to the following qualifications a) Fellow of the Institute and Faculty of Actuaries of the United Kingdom, b) Fellow of the Institute of Actuaries of Australia...

... insurance coverage, stock/securities/bonds, company benefits, etc) - liabilities (mortgage loan, debts, etc) - family commitments (no. of dependents, education funds, etc) - funeral and associated expenses and estate duties iii) Evaluation and recommendation - total protection needs, total usable assets...