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Modern insurance law in South Africa

Author: D Millard
Publisher: Cape Town, South Africa : Juta, 2013. ©2013
Series: Legal-ease : Essence
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"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  Read more...
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Details

Document Type: Book
All Authors / Contributors: D Millard
ISBN: 9781485100430 1485100437
OCLC Number: 864978608
Description: x, 170 pages : illustrations ; 25 cm
Contents: Introduction and historical backround --
Legislative framework --
Conceptual framework --
Preliminary contracts and the role of insurance intermediaries --
The insurance contract --
Aspects of long-term insurance --
Aspects of short-term insurance --
Claims and procedure --
Alternative dispute resolution in insurance.
Series Title: Legal-ease : Essence
Responsibility: Daleen Millard.

Abstract:

"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.

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