Insurance is everywhere in Canadian society: health, employment, transportation, commerce, industry, and communications are all sectors of activity affected by insurance. Whether public or private, compulsory or voluntary, insurance touches everyone on a daily basis. Where there are risks, there is a need for insurance — and one cannot live in the twenty-first century without encountering risk day in and day out.
The ubiquity of insurance comes at a cost. This price is paid by all Canadians and not only by those who hold insurance policies. Every year, Canadian policyholders pay billions of dollars in premiums to private insurance companies. Regulation is another consequence of the prevalence of insurance.
Canadian insurance law is a complex mixture of federal and provincial legislation, common law, and custom. This book offers a detailed survey of this regulatory patchwork, divided into three parts. Part 1 provides an introduction to the creation and enforcement of insurance contracts. The subject of Part 2 is the creation of an enforceable insurance contract. Part 3 examines the principles applicable to the enforcement of insurance contracts.
Table of Contents
Part One: Insurance Law in Context
Chapter 1: The Participants
Chapter 2: The Products
Chapter 3: The Regulatory Framework
Part Two: Creating Insurance Contracts
Chapter 4: Insurable Interest
Chapter 5: Disclosure
Chapter 6: Intermediaries
Chapter 7: Contract Formation
Part Three: Enforcing Insurance Contracts
Chapter 8: Coverage
Chapter 9: The Settlement Process
Chapter 10: Valuation
Chapter 11: Subrogation
Chapter 12: Overlapping Coverage
Chapter 13: Third Parties
Table of Cases
About the Author