1. History of Insurance.

2. Concept of Insurance.

3. Elements of an insurance contract.

4 Characteristic/Nature of Insurance Contract.

5. Classes of Insurance.

a) Marine

b)Fire

c)Casualty.

d)Suretyship.

e)Life.

f) Compulsory Motor Vehicle Liability Insurance.

6. Insurable Interest in:

a) Life.

b) Property.

6. Distinguish between Double and Over Insurance; or Multiful or several interest on

the same property.

7. Perfection of the Contract of Insurance.

(A) Offer and Acceptance/consensual.

(aa) Delay in Acceptance.

(bb) Delivery of the policy.

(B) Premium Payment.

(C) Non-default options in Life insurance.

(D) Reinstatement of a lapsed policy of life insurance.

(E) Refund of premium.

8. Rescission of Insurance Contracts.

(A) Concealment.

(B) Misrepresentation/Omissions.

(C) Breach of Warranties.

9.Claims settlement and Subrogation.

(A) Notice and Proof of Loss.

(B) Guidelines on Claim Settlement.

(aa) Unfair claims settlement/Sanctions.

(bb) Prescription of Actions.

(cc) Subrogation.