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Master the drafting of insurance contracts and learn effective dispute resolution mechanisms. This program equips you with the knowledge and skills needed to understand the nature of indemnity contracts, draft coverage terms and exclusions, and identify the characteristics and essential elements of a contract. You will gain the ability to handle potential disputes through various legal methods, including arbitration.
The insurance contract is one of the financial compensation contracts and it has a special nature, as one of the basics of insurance is the uncertainty of the date or value of the contract execution, so some disputes may arise when applying the contract. This program is designed to provide the knowledge and skills necessary to formulate insurance contracts, coverages, exceptions and requirements, in addition to the characteristics and provisions of the insurance contract, as well as mechanisms for resolving disputes through various legal methods, including arbitration.
Insurance
Law and Regulatory Knowledge
Not Exist
Lecture
Brainstroming +2
Lecture
Brainstroming
Practical Implementation
Dialogue Teams
Pre Exam
Post Exam
Customer care
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
In Class Training-Online Training
Principle of Utmost Good faith
Principle of Insurable Interest
Principle of Indemnity
Principle of Subrogation
Principle of Contribution
Principle of Proximate Cause
In Class Training-Online Training
Elements of an insurance contract
Characteristics of the insurance contract
Insurance contract in civil and commercial law
In Class Training-Online Training
In Class Training-Online Training
Endorsement
In Class Training-Online Training
What is Shariah-compliant insurance?
Differences between commercial insurance and Shariah-compliant insurance
In Class Training-Online Training
Dispute settlement committees at the Central Bank of Saudi Arabia
Resorting to commercial courts
Resorting to institutional arbitration
Identify the legal principles of insurance to understand the components of the insurance contract
.Absorbing the difference between explicit and implicit terms and conditions in the insurance policies to distinguish between arbitrary conditions and normal conditions
.Identifying the exclusions and endorsement and their impact on the payment of insurance claims for the insured
Understand the essential differences between conventional insurance and insurance that is compatible with Sharia’ controls to understand their impact on the parties to the contract
Identify the legal mechanisms to resolve disputes in insurance, including institutional arbitration in the Kingdom of Saudi Arabia
