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Unit 3: Tort and Dispute Resolution

CHAPTER 12: NEGLIGENCE AND OTHER TORTS

E-ACTIVITY: INSURANCE INFORMATION FOR CONSUMERS (p. 374)

Activity: Create and Use a Glossary of Insurance Terminology

Consumers can become confused in cases dealing with insurance law as the terminology is very specific to that field of law. Shed some light on the subject by creating a glossary of terms regarding insurance. Then summarize insurance advice.

  1. Visit the Web site of Insurance Canada. Click on “Speaking of insurance—Learning the lingo.” Use the following organizer, or create you own, on which to define in your own words each of the terms listed. Click here if you would like to download the organizer.

INSURANCE TERMINOLOGY ORGANIZER
Term
Summary of Meaning
claim

 

deductible

 

exclusion

 

liability

 

occurrence

 

peril

 

personal-lines-insurance

 

policy

 

policy-holder

 

premium

 

risk

 

underwriting

 

 

 

 

 

 

 

 

 

 

 

 

 


  1. At the Insurance Canada Web site, click on “Take a tip—before buying insurance.” Make use of your familiarity with insurance terminology to summarize the nine tips given.
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