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What you'll be able to do (official learning outcomes)
describe general structure of insurance market components
give reasons for and against justification for common wording
define theft act 1968, robbery, and burglary; define riot (damage) act 1968 and its modification by public order act 1986
list standard perils of fire; differentiate between basic theft policies and all risks policies
identify clauses commonly found in property policies
distinguish between first loss, floating and blank insurances
Course contents
Property and pecuniary insurances development and structure. Property and pecuniary insurance markets, Justification for common wordings. Theft Act 1968, Riot (Damages) Act 1886 and Public Order Act 1986. Property insurance covers. Types of property insured; other commercial property insured. Clauses commonly found in property policies.
Source: the Nigerian Universities Commission (NUC) Core Curriculum and Minimum Academic Standards (CCMAS). StudyOps loads this syllabus automatically when you study INS 303.