Insurance Casualty Life

1. What is Casualty Insurance & Example
2. Liability Insurance & Example
- what types are covered?
3. Actual Loss vs 3rd Party Liability
- how do you determine the liability?
4. What is suretyship?
- extent of liability
- nature of liability (solidary)
5. Suretyship vs Guaranty
6. Suretyship vs Property Insurance in general (enumerate all; found in the memaid)
7. What is credit accommodation?
8. Is it necessary for the obligee to implead both principal and surety in the suit? (no because solidary
obligation)
9. Is the approval of obligee required for a contract of suretyship to be valid? (yes)
10. Is the general rule in Sec. 77 applicable in suretyship? (Yes)
11. Who pays the premium in suretyship?
12. Sec. 179 - Memorize; When is surety entitled to service fee?
13. Different types of surety bonds (Book)
14. Prudential Case
15. Pryce Case
16. Life Insurance Definition & Characteristics
17. Types of Life Insurance (better explanation in the book)
18. Does life insurance cover death caused by accident?
19. What is "accident" in the purview of insurance?
20. Dela Cruz Case - amateur competition or professional? What is the tenor of the policy? (medyo
detailed ang facts dito)
21. Does life insurance cover death caused by intentional killing?
- Can the insurer just show that the third person was guilty or convicted of a crime to be exonerated
from payment? (No, not automatic)
22. Kanapi Case
23. Calanoc Case (Detailed)
24. Biagtan Case (Detailed)
25. Differentiate Calanoc & Biagtan
26. Is the number of stab wounds indicative of intent to kill or the lack thereof? (yes - intentional killing
as enunciated in the case of Biagtan)
27. Liability in case of suicide
- why 2 years? Max or min? (Max)
28. Discuss assignment of life insurance policy