This document provides an overview of the key topics to be covered in a course on the Principles of Insurance with the code FIN 201. It includes definitions of different types of contracts such as simple, specialty, and contracts of record, as well as the essential elements of a simple contract. Specific insurance topics that will be covered are fire, accidental, marine, and life insurance, with explanations of insurable interest, indemnity, and assignment. The document serves as an outline of the main concepts and legal principles that will be discussed regarding contracts and insurance law over the course of the term.

1. Presentation topics: Law of Contract
Course title: Principle Of Insurance
Course Code: FIN 201

2. Law of Contract
&
Contract Defined

3. Types Of Contract
1.Simple contract
2.Specialty Contract
3.Contract of Record

4. Essential Elements Of Simple Contract
1.Unrevoked offer
2.Unqualified Acceptance
3.Consideration
4.Consencus ad idem
5.Capacity of contract
6.Legality of objects

5. Specialty contract
Contract Of record

6. Contract Of Insurance
Subject matter Of insurance & insurance
Contract

7. Difference Between Insurance & wagering
1.legality
2.Faith
3.Events Take place
4.Insurable Interest
5.Indemnity
6.Assume loss
7.Desire of parties

8. Assignment
1.Assignment of Policy Proceeds only
2.Assignment Of Policy

9. Fire & Accidental Insurance
Marine Insurance
Life Insurance

10. THANKS TO ALL