Modern insurance law in South Africa
By: Daleen Millard
Series: Legal-ease : Essence
Publisher: Juta
Published: 2013
Place of publication: Cape Town, South Africa
Language: eng
Number of pages: 170
ISBN-13: 9781485100430
Copyright date: 2013
Subjects: Insurance law
Description: "Modern Insurance Law in South Africa explains the basic principles of insurance law in plain language. Insurance law is often perceived as complicated because the statutory framework consists of three Acts, namely the Long-term Insurance Act 52 of 1998, the Short-term Insurance Act 53 of 1998 and the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS). While the former statutes regulate insurers and insurance products, FAIS regulates intermediaries and advisers for financial products, of which insurance forms an important part. Often practitioners find it hard to understand which statute is applicable to a particular situation. An added complication is that many aspects regarding insurance are still regulated by common law. This publication contains a systematic explanation of the most important aspects of insurance law in the South African context. It is essential for students and practitioners alike and is an excellent source of information for intermediaries and representatives who have to prepare for their regulatory examinations"--Provided by publisher.
Notes: Includes bibliographical references (pages 157-159) and index.
Table of contents: title: Introduction and historical backround; title: Legislative framework; title: Conceptual framework; title: Preliminary contracts and the role of insurance intermediaries; title: The insurance contract; title: Aspects of long-term insurance; title: Aspects of short-term insurance; title: Claims and procedure; title: Alternative dispute resolution in insurance.