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National College Credit Recommendation Service
American Educational Institute, Inc. (AEI) | Evaluated Learning Experience
Law of Subrogation (116)
Independent Study program administered through the offices of the American Educational Institute.
Approximately 18 hours of structured independent study.
Instructional delivery format:
Upon successful completion of the course, students will be able to: discuss the concepts of subrogation, indemnification and contribution; apply the basic principles of the Law of Subrogation pertaining to loss; and explain the method of paying claims fairly and minimize the company's losses.
Major topics are: recovery of claim-loss payments; indemnification and contribution. In addition to the AEI produced textbook, students receive actual court decisions, which relate to the subject matter and present real-life court opinions that illustrate how courts have ruled in the past and are likely to rule in the future on important issues in claims. A proctored examination is administered for both levels of the credit recommendation. Scenario and case study-based questions, built around actual claims situations, challenge students to analyze and solve problems using applicable principles of claims law that parallel their own claim files. To broaden students' knowledge of the subject, graded exams are returned with helpful comments that provide a written explanation of why each answer is correct or incorrect. For the graduate level credit recommendation, students also prepare and submit an appropriate graduate level research project on a pre-approved topic or issue, in accordance with AEI's specific guidelines.
In the upper division baccalaureate degree category OR in the graduate degree category, 1 semester hour in Insurance Law (5/10) (5/15 revalidation). NOTE: Courses 115 and 116 constitute 2 semester hours in Law of Damages.