The Law of Agency
The purpose of this course is to better equip you in your professional activities as an Insurance Agent or Insurance Adjuster.
Eligible for All License Types
This course reviews the Law of Agency. The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, that is authorized to act on behalf of another (called the principal) to create legal relations with a third party. We will study the three broad classes of agents: universal agents, general agents, and special agents. The rights and duties between agent and principal will be revealed. We will also discuss how agency relationships are formed: express, implied, and apparent relationships. The course has numerous interesting and on-point case studies as underpinning of the legal doctrines.
This course makes a few assumptions about you the student:
- You are a currently licensed Insurance Agent or Adjuster.
- You are interested in additional information, resources, and knowledge regarding insurance and the legal environment of business in general.
There are four key features to the Course Briefs Continuing Education courses:
- Introduction to the Law
- Legal Syllogism Overview
- Topical Analysis
- Supporting Case Law