Udemy course The Covenant of Good Faith and Fair Dealing by Illumeo Learning
The Covenant of Good Faith and Fair Dealing is the best Udemy course on the market. With this offer they will be able to greatly improve their knowledge and become more competitive within the Business category. Therefore, if you are looking to improve your Business skills we recommend that you download The Covenant of Good Faith and Fair Dealing udemy course.
Here you can see Udemy courses linked to: Business.
Course data:
- Author: Illumeo Learning
- Course rating: 3.5
- Category: Business
- Modality: Online
- Status: Available
- Idiom: English
Abouth Illumeo Learning
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
What the udemy The Covenant of Good Faith and Fair Dealing course teaches?
What you’ll learn Identify what liability insurance is. Explore how liability insurers can act to treat the insured with utmost good faith. Identify the various means by which an insured can breach the covenant of good faith and fair dealing. Identify the various means by which an insurer can breach the covenant of good faith and fair dealing. Discover that the tort of bad faith was created to deter insurers from treating insureds unfairly. Discover that the insurance professional is an expert in treating an insured with good faith. Explore, by review of cases that created the tort, why there is a tort of bad faith. Explore why both parties to the contract of insurance must treat the other in good faith and do nothing that will deprive the other of the benefits of the policy of insurance.
This course covers how insurance claims are controlled by the unwritten implied covenant of good faith and fair dealing.
More information about the course The Covenant of Good Faith and Fair Dealing
This is a complete course of study providing education and training to enable the student to learn how insurance claims are controlled by the unwritten implied covenant of good faith and fair dealing. It will explain how the covenant, first described in 1766, changed from a contract interpretation mantra into a tort allowing for tort damages to be assessed against an insurer who breaches the covenant of good faith and fair dealing. It is the purpose of liability insurance to protect those people and entities insured against claims they were damaged by the insured’s tortious conduct and they must be resolved fairly and in good faith. The Course covers the following: An explanation of the covenant of good faith and fair dealing before it became a tort. Why the tort of bad faith was created. A detailed explanation of the liability insurance policy and how it was designed to provide protection to people. What liability insurance is. The statement of the covenant in 1766. The principle of utmost good faith. The parts of the liability insurance policy. Development of the tort of bad faith. Duties of Persons insured by a liability policy. Adjusting a liability claim in good faith. How to avoid claims of bad faith.
