Professional Documents
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113
i dtd.28.10.14 AC. Reso.6 E
Nirma University
Institute of Law
Academic Year 2014-15
INSURANCE LAW
SEMSTER X
OPTIONAL COURSE V
Introduction
lnsurance is a device not to avert risks, calamities and disasters; but to mitigate their
rigours and financial losses. The operational fiamework of insurance idea is provided by the
gen:fl principles of contracq therefore subjected to all the judicial interp.etaiiu" techniques.
Besides, the insurance idea has a compensatory justice component. This Lrings it in the arena
of the law of tort as well. It is even suggested that a fully grown and diveloped law of
insurance may, if not totally displace, decrease the significance ofthe lar,v of tort.
This course is designed to acquaint the students r.vitli the conceptual and operational
parameters of insurance law in the context of the development of the generat principles of
law and judicial interpretation to inform the students about the use of ia.v for the
establishment of 'Just" order in insurance and to develop the appreciative and evaluative
faculties of the students.
Course Learning Outcomes:
At the end of tlre course students will
r
r
e
be able to:
Syllabus:
fntroduction
t.1
1.2
1.3
Gen6ral Principles
2.1
2,2
3.2
of Risk'
Indemnity, Subrogation, Causa Proxima, Mitigation of Loss, Attachment
Contrihtltion
Conrtitution,'Function and Powers of Insurance Regulatory and Development
3.3
Authority
Application of Consumer Protection Act, 1986
3.1
Life Insurance
4.1
General Insurance
5.1
5.2
Marine Insurance
cause, etc
Act
5.3
5.4
Agricultural insurance.
fuiotot Vehicle Act: Claims and Compensation
6.1
6.2
References
l)
. 2)
:Sl
4)
5)
Hongkong, (1999)
peter
M*. Oonufi
All
a,d
it
fi981)
\/
Ol ilitas, Modem
ij
Si
9) Intemationul
(1979)
iblr.n.IIardy lvamy,.Ceneml Principles of insurance Law
iri
on Law ot.insf
1119e.(1955)
(1914)
Vf.N. Sreeniva*n Lu* and the Life Insurance Contract
#@
(t. I
^b.&
''
(I
985)