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Law of Life Insurance in Malaysia, Second Edition
Joshua Legal Art Gallery

Law of Life Insurance in Malaysia, Second Edition

Regular price RM350.00 MYR RM0.00 MYR

A comprehensive legal and practical guide to life insurance and covers all the related matters associated with the formation to the discharge of the life insurance contracts.
By S. Santhana Dass (Author)

This Second Edition of The Law of Life Insurance in Malaysia encompasses the recent changes to the insurance industry brought about by the Financial Services Act 2013 (FSA) which came into force on 1st July, 2013. Important changes have been made to the law affecting life insurance with the view of consolidating and addressing the shortcomings in the law as it was under the repealed Insurance Act 1996. The law of disclosure in respect to life insurance contracts has been drastically modified with the introduction of consumer and non-consumer insurance contracts. In this book, the impact of the FSA on the law governing life insurance in Malaysia have been highlighted and discussed at length. Having incorporated all the latest changes to the law of life insurance, this work is a comprehensive legal and practical guide to life insurance and covers all the related matters associated with the formation to the discharge of the life insurance contracts. It is envisaged that this work will serve as a useful reference to everyone involved in the life insurance industry namely the agents, claim assessors, underwriting and legal personnel in the life insurance companies and also lawyers who advise policy owners and insurers and the judicial officers who implement and interpret the laws associated with. With this latest edition incorporating all the provisions in the FSA relating to life insurance, it is hope that this work will be invaluable to the understanding and development of the law of life insurance in this country.

S. Santhana Dass
Santhana Dass graduated from the University of Singapore in 1977. He has been involved in cases involving insurance, tort, medical negligence and contract for more than 30 years and is the legal advisor for many general and life insurance companies. With his vast experience, he has authored a total of six (6) books and has written a number of articles on insurance related subjects. He was also the Contributing Editor for the 'Annotated Statutes of Malaysia - The Insurance Act 1996' and 'Malaysian Personal Injury Service' published by Malayan Law Journal. S. Santhana Dass is currently a member of the Chartered Institute of Insurance (U.K.), the Malaysian Institute of Insurance and is an Associate Member of the Chartered Institute of Arbitrators U.K. He has conducted courses and seminars for various insurance companies over the years.

Table of contents
Introduction
Formation of a life insurance
Insurable Interest
Proposal Form
Duty to disclose
The Policy
The Life Insurance Agent
Premium
Beneficiaries
Assignment
Trust
Statutory Trust Policies
Policy Lapse, Surrender
Insurance claims
Payment of Policy Moneys
Discharge of Life Policies
Bankruptcy
Succession/Inheritance
Types of Life Insurance Product
Income Tax and Life Insurance


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