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Insurance and Risk Management (LU, BBA, fifth sem) Maximize

Insurance and Risk Management (LU, BBA, fifth sem)

Swadesh Deepak


 ISBN- 978-93-86488-66-4

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125.00 Rs

125.00 Rs per Book

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(BBA 503)


Unit-I: Introduction: History of Insurance in General and inIndia in Particular. Basic Nature of Insurance. Definition of Insurance. Comparison of Life Insurance with other Forms of Insurance. Principles of Contract and its Applicability to the Valid Insurance Contract.

Unit-II: Principles of Life Insurance and its Impact on Insurability. Morality Tables and its Kind. Basic Elements in Computation of Premium. Peculiarities of Life Insurance Product and the Classification Nature of Group Insurance and Types of Group Insurance Covers Policy Claims and its Procedures for Settlement of Various type of Claims. Policy Document and its Various Components Including Conditions and Privileges Under the Policy.

Unit-III: Study of Various Proposal And Policy Forms used in General Insurance Scope of Coverage of fire Insurance and Marine Insurance, Motor Insurance Various Kinds of Miscellaneous Insurances Describe Classes of Insurances Requiring Specialized Knowledge i.e Industrial all Risk Insurance, Aviation Insurance, Oil and Gas Insurance Regulatory Provisions Under Insurance Act 1938, and IRDA Act 1999. Underwriting Practice and Procedures, types and Classification of Hazards.

Unit-IV: Basic Concept of Risk, Classification of Risks, and Process of Risk Management. Identification and Evaluation of Risk – Risk Analysis. Risk Control – Loss Prevention and its Importance. Risk Financing and Transfer of Risks, Risk Retention and its Importance/Basis of Reinsurance.

Unit 1: Introduction to Insurance

Unit 2: Principles & Products of Life Insurance

Unit 3: Introduction to Insurance

Unit 4: Basic Concept of RisK

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Insurance and Risk Management (LU, BBA, fifth sem)

Insurance and Risk Management (LU, BBA, fifth sem)

Swadesh Deepak


 ISBN- 978-93-86488-66-4

Write your review