Corporate Liability Ins. Rescission - An Equitable Remedy

What you'll learn
Discover what the equitable remedy of rescission is.
Explore how to use the equitable remedy of rescission to avoid a policy and a claim.
Identify the elements an insurer must prove to effectively rescind a policy of insurance.
Explore how liability insurers investigate a claim to determine if there is any basis for asserting the right to rescind a policy of insurance.
Identify each of the defenses available to insured's whose insurer attempts to rescind.
Discover that it is the duty of the insured to honestly describe the risk it asks an insurer to insure.
Discover how to recognize insurance fraud and how it relates to an application for insurance.
Requirements
No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.
Description
A complete course of study providing education and training to allow the student, to learn how to deal with the equitable remedy of rescission as a method to defeat insurance fraud or policies acquired innocently by fraud, misrepresentation, concealment or mistake. The course reviews the law of rescissions, the elements of the equitable remedy, and how to declare a policy void.
This twelfth course in the series provides a representative of an insured sufficient knowledge to avoid misrepresentation, concealment, fraud or mistake in acquiring a policy to avoid rescission by the insurer. The insurer's representative learns everything that is required of an insured to assist an insurer in its investigation, defense and defeat of insurance fraud or policies...

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