Course Overview
This course is designed for those dealing with insurance and claims matters across the shipping industry. It aims to give an understanding of the legal and practical aspects of marine insurance and claims management. The important terms used in marine insurance covers, and their requirements for placing the risks, will be analyzed. Students will be informed of the latest developments concerning marine insurance, and handling of marine claims.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
0.5
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Describe claim handling and practical aspects of the marine insurance market.
- List effective responses in emergency cases, and mitigate claims through risk analysis and claims management.
- Describe the legal and practical aspects of the marine insurance covers, including Hull and Machinery, P&I, and overview of the owners' and charterers' liabilities.
- Review the latest developments and best practices across the Marine Insurance sector for the prevention and mitigation of insurance-related threats and cargo claims.
- Identify additional marine insurance coverage.
- Describe reinsurance.
Effective as of Spring/Summer 2024
Related Programs
Marine Insurance&Marine Claims (MRBU 1250) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Transportation
- Marine Business Essentials
Microcredential Part-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.