Master insurable interest requirements for life, property, and liability insurance
Learn policy interpretation rules including contra proferentem and reasonable expectations
Memorize the duties of insurers including the duty to defend and duty to indemnify
Understand bad faith claims and the remedies available to policyholders
Nail subrogation rights and contribution among multiple insurers
95+
Flashcards
26
Topics
63%
Pass Rate
909+
Students
Insurance for New York Bar Exam FAQ
What Insurance Law topics are covered?
Our flashcards cover insurable interest, policy formation and interpretation, types of coverage (life, property, liability, health), insurer duties (defend, indemnify), exclusions, cancellation, bad faith, subrogation, and regulation of the insurance industry.
How do flashcards help with Insurance Law?
Insurance Law involves interpreting policy language and applying coverage principles. Our flashcards drill the key doctrines such as the duty to defend versus the duty to indemnify, ambiguity rules, and bad faith standards.
Are bad faith claims covered?
Yes. We cover both first-party and third-party bad faith claims, including the standards for proving bad faith, available remedies (including punitive damages in some jurisdictions), and common insurer practices that may constitute bad faith.
Do you cover the difference between occurrence and claims-made policies?
Yes. Our flashcards explain the distinction between occurrence-based and claims-made policies, when coverage is triggered under each type, and how extended reporting periods work.