Page 163 - M97TB9_2018-19_[low-res]_F2F_Neat2

7

Contract wordings

Contents Syllabus learning
outcomes

Learning objectives
Introduction
Key terms
A Main features of facultative and treaty wordings 8.1
B Clauses common to proportional and non-proportional wordings 8.2
C Clauses used in proportional wordings 8.2

D Clauses used in non-proportional wordings 8.2, 10.3
E Treaty exclusions 8.3
Key points
Question answers
Self-test questions Reference copy for CII Face to Face Training

Learning objectives
After studying this chapter, you should be able to:
• describe the main features of facultative and treaty wordings; Chapter
• summarise the clauses common to proportional and non-proportional wordings;
• outline the clauses used in proportional wordings; 7
• outline the clauses used in non-proportional wordings; and
• identify both general and market-specific exclusion clauses.