Note: Please check your Spam or Junk folder, in case you didn't receive the email with verification code.
SYLLABUS
UNIT - I
RISK MANAGEMENT AND INSURANCE & INSURANCE TERMINOLOGY Risk Management -Types of Risks - Actual and Consequential Losses - Management of Risks - Different Classes of Insurance - Importance of Insurance - Management of Risk by Individuals and Insurers - Fixing of Premiums – Reinsurance - Role of Insurance in Economic Development and Social Security - Constituents of Insurance Market - Operations of Insurance Companies - Operations of Intermediaries - Specialist Insurance Companies - Role of Regulators - Common and Specific Terms in Life and Non-Life Insurance - Understanding Insurance Customers - Customer Behavior at Purchase Point - Customer Behavior when Claim Occurs - Importance of Ethical Behavior.
UNIT - II
INSURANCE CONTRACT AND INSURANCE PRODUCTS Insurance Contract Terms - Principles of Insurance: Principle of Insurable Interest, Principle of Indemnity, Principle of Subrogation, Principle of Contribution, Relevant Information Disclosure, Principle of Utmost Good Faith, Relevance of Proximate Cause - Life Insurance Products: Risk of Dying Early - Risk of Living too Long - Products Offered - Term Plans - Pure Endowment Plans - Combinations of Plans - Traditional Products - Linked Policies - Features of Annuities and Group Policies - General Insurance Products: Risks Faced by Owner of Assets - Exposure to Perils - Features of Products Covering Fire and Allied Perils - Products covering Marine and Transit Risks - Products Covering Financial Losses Due to Accidents - Products Covering Financial Losses Due to Hospitalization - Products Covering Miscellaneous Risks.
No Preview is available for this book
CategoriesArts and Science
Format EPUB
TypeeBook