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Insurance Law | What You need to know?

By March 3, 2018 September 24th, 2019 No Comments
insurance law
Insurance law is vital both for individuals and business owners. It mainly involves the regulation of insurance policies and how claims are handled. As an insurance law student, you need to understand how this law works if you want to be an excellent representative for your clients in future. We are law tutors London, and we aim at helping our students to become better lawyers by providing them with essential facts about insurance law in the UK.

Insurance law - What is involved?

This law is linked to the external events and phenomena, for example, claims such as piracy, war, and terrorism. Insurance cases come from different types of matters, and as an insurance lawyer, your work is to determine whether your client is liable for the damages of the claims or not. You are expected to collect evidence from different sources to understand what happened and advise your client accordingly. You will also draft insurance policies.

What kind of clients should you expect?

The different types of clients you may meet as an insurance lawyer include;

  1. Individuals
  2. Brokers
  3. Insurance buyers
  4. Business Sectors
  5. Captives
  6. Intermediaries
  7. Reinsurance provides
  8. Specialist insurance

Features of a good insurance lawyer

You should have real investigation skills to help you put together a clear picture of what happened in the claims. Depending on the degree of the case, you might be summoned to question some people from different backgrounds to help you earn strong communication and adaptability skills. You should also have the abilities to deal with sensitive cases especially when dealing with personal injury claims. You should be patient and have the skills to understand every client’s situation while remaining true to facts. You should have a comprehensive understanding of the law of contract as it helps you determine if there are any breaches.

Insurance law is broad, and you may need the assistance of a law tutor London to help you understand the facts and the skills required while practicing this law. Contact us today, and we will be glad to offer our assistance.