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The Law of Insurance Contracts and the ‘Rules’ of Policy Interpretation


Total Credits: 3 including 3 CE Credit


Dates



Description

Insurance policies are subject to the standard law of contracts; but beyond simple contract law, insurance contracts are bound by unique provisions and requirements specific to insurance. An understanding of these unique legal characteristics is necessary to understand the insurance contract. Once the unusual characteristics of insurance contracts are understood, the rules for reading any insurance policy can be applied. In this class students learn:

  • The basic provisions of contract law;
  • The unique legal characteristics of insurance contracts;
  • The general construction of insurance contracts;
  • The ‘rules’ for reading and understanding ANY insurance policy; and
  • Why exclusions exist. 

Course Materials

Faculty

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS's Profile

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS Related Seminars and Products


Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, joined the insurance industry in 1990. He is the Executive Director of the Independent Insurance Agents and Brokers of America (Big "I") Virtual University. His current duties involve researching, writing, and teaching property and casualty insurance coverages and concepts to Big "I" members and others in the insurance industry.

During his career, Boggs has authored more than 300 insurance and risk management-related articles on a wide range of topics as diverse as Credit Default Swaps, the MCS-90, and enterprise risk management. In addition to this, Boggs has written 13 insurance and risk management books:

  • "The Insurance Professional's Practical Guide to Workers' Compensation: From History through Audit," now in its second edition;
  • "Business Income Insurance Demystified: The Simplified Guide to Time Element Coverages," now in its third edition;
  • "Property and Casualty Insurance Concepts Simplified: The Ultimate 'How to' Insurance Guide for Agents, Brokers, Underwriters and Adjusters;"
  • "Wow! I Never Knew That! 12 of the Most Misunderstood and Misused P&C Coverages, Concepts and Exclusions;"
  • "Insurance, Risk & Risk Management! The Insurance Professional's Guide to Risk Management and Insurance;"
  • "Workers' Compensation: How You Can Effectively Answer Your Clients 12 Most Commonly Asked Questions;"
  • "Glossary of Insurance Terms;"
  • "Choosing the Best Risk Financing Option;"
  • "Writing Property and Liability Coverage for Condos;"
  • "The Truth about Enterprise Risk Management;"
  • "The Experience Mod Worksheet;"
  • "What has ISO Done to us Now?" and
  • "Cancellations, Non-Renewals & Conditional Renewals: THE Insurance Professional's Guide to Statutory Insurance Carrier Notification Requirements for All 50 States!"

Boggs is a regular speaker at industry events, speaking for groups such as the National Association of Mutual Insurance Companies (NAMIC), the National Society of Insurance Premium Auditors (NSIPA), the American Association of Managing General Agents (AAMGA), the Institute of Work Comp Professionals (IWCP), and the CPCU Society.

A graduate of Liberty University with a bachelor's degree in Journalism, Boggs' background includes work as a risk management consultant, loss control representative, producer, claims manager, and quality assurance specialist


Dates

Wed, Nov 06, 2024 - 08:00am to 10:47am CST
Tue, Nov 19, 2024 - 10:00am to 12:47pm CST
Fri, Dec 13, 2024 - 12:00pm to 02:47pm CST
Mon, Dec 23, 2024 - 02:00pm to 04:47pm CST
Tue, Jan 14, 2025 - 11:00am to 01:47pm CST
Thu, Jan 30, 2025 - 02:00pm to 04:47pm CST
Mon, Feb 10, 2025 - 08:00am to 10:47am CST
Tue, Feb 18, 2025 - 11:00am to 01:47pm CST
Mon, Mar 03, 2025 - 02:00pm to 04:47pm CST
Tue, Mar 18, 2025 - 08:00am to 10:47am CDT
Fri, Apr 11, 2025 - 11:00am to 01:47pm CDT
Wed, Apr 30, 2025 - 02:00pm to 04:47pm CDT
Tue, May 13, 2025 - 08:00am to 10:47am CDT
Fri, May 30, 2025 - 11:00am to 01:47pm CDT
Mon, Jun 09, 2025 - 02:00pm to 04:47pm CDT
Tue, Jun 24, 2025 - 08:00am to 10:47am CDT
Mon, Jul 14, 2025 - 11:00am to 01:47pm CDT
Thu, Jul 31, 2025 - 02:00pm to 04:47pm CDT
Fri, Aug 01, 2025 - 08:00am to 10:47am CDT
Mon, Aug 18, 2025 - 11:00am to 01:47pm CDT
Fri, Sep 12, 2025 - 02:00pm to 04:47pm CDT
Mon, Sep 29, 2025 - 08:00am to 10:47am CDT
Mon, Oct 13, 2025 - 11:00am to 01:47pm CDT
Wed, Oct 29, 2025 - 02:00pm to 04:47pm CDT
Mon, Nov 10, 2025 - 08:00am to 10:47am CST
Fri, Nov 14, 2025 - 11:00am to 01:47pm CST
Thu, Dec 11, 2025 - 02:00pm to 04:47pm CST
Tue, Dec 30, 2025 - 08:00am to 10:47am CST

State Specific Details

State Approval Information Details TX - This course is approved for 3 hours of credit - #134238

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