22 Oct An insuredis undera duty to disclosematerialfacts to the insurerprior to the conclusionof an insurancecontract

Posted at 07:55h in Law

An insuredis undera duty to disclosematerialfacts to the insurerprior to the conclusionof an insurancecontract However this duty is not unlimited and thereareseveralinstanceswhere evenif thefactsin questionarematerial the insurecheechotdiscloset. Discussive suchinstanceswhereaninsureddoes nothavea duty to disclosematerialfacts...

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22 Oct Differences between a representation and a warranty

Posted at 07:55h in Law

Briefly explain the differences between a representation and a warranty. between an affirmative warranty and a promissory (continuing)) warranty; between a warranty of fact and a warranty of knowledge: and between a warranty of fact and a warranty of opinion...

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22 Oct Peter insures his own life for R10 million and appoints his wife Maggie as the sole beneficiary in terms of the life policy

Posted at 07:54h in Law

Peter insures his own life for R10 million and appoints his wife Maggie as the sole beneficiary in terms of the life policy. The policy contains a clause stating that the insurer will not be liable to pay for suicide committed within three years of...

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22 Oct That suicide is an intentional act, and therefore not covered by an insurance contract.

Posted at 07:54h in Law

That suicide is an intentional act, and therefore not covered by an insurance contract. Advise Maggie whether the insurer will be liable to pay the claim in terms of South African insurance law....

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22 Oct Simphive and her husband James are in business together as florists

Posted at 07:54h in Law

Simphive and her husband James are in business together as florists. Deliveries for the business are done by a vehicle owned by Simphive. James incured this vehicle in his own name. When the vehicle is damaged by a severe hailstorm and James lodges a claim...

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22 Oct A clause relating to the time and manner of payment of premiums is commonly inserted in an insurance contract to improve the insurer’s legal position at common law

Posted at 07:54h in Law

A clause relating to the time and manner of payment of premiums is commonly inserted in an insurance contract to improve the insurer's legal position at common law Discuss the common law position relating to the payment of the premium. Also, explain the function and...

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22 Oct Differences between under- insurance and over-insurance, and then aloo explain the effect of both under- insurance and over- insurance on an insured’s claim

Posted at 07:54h in Law

Provide examples by which you illustrate the differences between under- insurance and over-insurance, and then aloo explain the effect of both under- insurance and over- insurance on an insured's claim...

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22 Oct Edgar “Zonker” Harris, a citizen of the USA, wants to travel to Australia to study for a Masters of Suntanning at Slacker College, Humpty Doo, in the Northern Territory

Posted at 07:54h in Law

Edgar "Zonker" Harris, a citizen of the USA, wants to travel to Australia to study for a Masters of Suntanning at Slacker College, Humpty Doo, in the Northern Territory. (Assume that Slacker College's Masters of Suntanning course is, inexplicably enough, CRICOS-accredited.) Zonker obtained a BA...

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22 Oct Insurance against “all risks” does not mean cover against all losses

Posted at 07:54h in Law

Insurance against "all risks" does not mean cover against all losses. Explain the ambit of this type of insurance by providing examples of losses that will be covered and of losses that will not be covered....

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22 Oct Relevance of Napier v Collet & Another 1995 (3) SA 140 (A) for the development of the South African insurance law.

Posted at 07:54h in Law

Explain the relevance of Napier v Collet & Another 1995 (3) SA 140 (A) for the development of the South African insurance law. Also provide a brief summary of the facts of the cage....

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