The Marine Insurance module will provide an introduction to the topic and the market in which it operates; it will then go on to look at the actual insurable interest. It then examines the key issues surrounding pre-contractual non-disclosure as well as warranties, exceptions & implied terms. It also examines claims, both fraudulent and late (including post-contractual and those in good faith).
The module covers the issues surrounding causation & loss. In respect of insurance cover, both perils of the sea and the Inchmaree clause are discussed along with standard exceptions, wilful misconduct and proof. The module also deals with third party Issues (such as Subrogation and the1930 Act) and reform of the 1906 Act (including Law Commission proposals in development).