Questora

RE 451 — Property Insurance

BSc BSc Real Estate · Kwame Nkrumah University of Science and Technology

Objective It is intended that at the end of this course that students should be equipped with the fundamentals of insurance and the application of these to real estate. It is thus a key objective of the course to provide an awareness of the relevance of insurance in the property industry as well as provide the requisite skills in understanding the relationship between the insurance and property industries. Contents Definition and History of Insurance; Basic Insurance Principles: insurable interest, utmost good faith, indemnity, proximate cause, subrogation, etc; Application of basic insurance principles to property, including insurable and uninsurable risks and who may insure; The insurance market, policy and practice: sum insured, calculation of value and premiums, etc.

Credits
2
Level
Year Four
Semester
Semester One

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Course details from BSc Real Estate - Department of Land Economy.