Principles And Practices Of Life Insurance
MBA Syllabus for Principles & Practices Of Life Insurance
BLOCK I
The concept of Risk – Kinds and Classification of Risks – Assessment – Transfer – Basic Principles of Insurance – Utmost good faith – Insurance Interest – Material facts – Indemnity – Proximate cause – Economic Principles of Insurance – Sharing – Subrogation – Contribution – Legal Principles of Insurance – The Indian Contract Act, 1872 – Insurable Interest – Nomination and assignment – Utmost Good faith – Indemnity – Subrogation – Contribution – Proximate Cause.
BLOCK II
Life Insurance – Organisation – Indian System – Distribution – Function of Agents, Appointment and Continuance of Agency, Remuneration to Agents, Trends in Life Insurance, Increasing/Decreasing Term Policy, Whole Life Insurance, Endowment Insurance, Money Back Endowment Plan, Marriage Endowment Plan, Educational Annuity Plan, Children Deferred Assurance Plans.
BLOCK III
Life insurance policy – application & Acceptance – Prospectus, Proposal Forms & other related documents, Age proof, Special Reports Policy document – Operative clauses, Proviso, Schedule, Attestation, Conditions & Privileges, Alteration, Forfeiture Options, Lapse and Revival Schemes, Pensions & Annuities, Actuarial applications, Assignment Nomination – Loans – Surrenders – Foreclosure – Married Women’s Property Act policy, Calculations.
BLOCK IV
Policy claims, Maturity Claims, Survival Benefit Payments, Death claims, Waiver of evidence of title, Early claims, Claim concession, Presumption of Death, Acident Benefit and Disability Benefit, Settlement Options, Valuations and Bonus, Distribution of Surplus, Types of Re-insurance, Exchange Control Regulations, Payment of premia, Payment of Claims etc., Assignment in favour of Non-Residents.
BLOCK V
Group and Health Insurance – Nature of Group Insurance, Types of Group Insurance, Gratuity Liability, Group Superannuation Scheme, Other Group Schemes, Social Security Schemes – Health Insurance – Principles of Health Insurance, Health Products, Group Insurance Products, Product design, Development and Risk Assessment, Underwriting and Premium Setting, Claims Management, Party Administration, Social Security, Reinsurance, Marketing and Service Applications, Tax Planning, Legal Framework and Documentations.
BLOCK I
The concept of Risk – Kinds and Classification of Risks – Assessment – Transfer – Basic Principles of Insurance – Utmost good faith – Insurance Interest – Material facts – Indemnity – Proximate cause – Economic Principles of Insurance – Sharing – Subrogation – Contribution – Legal Principles of Insurance – The Indian Contract Act, 1872 – Insurable Interest – Nomination and assignment – Utmost Good faith – Indemnity – Subrogation – Contribution – Proximate Cause.
BLOCK II
Life Insurance – Organisation – Indian System – Distribution – Function of Agents, Appointment and Continuance of Agency, Remuneration to Agents, Trends in Life Insurance, Increasing/Decreasing Term Policy, Whole Life Insurance, Endowment Insurance, Money Back Endowment Plan, Marriage Endowment Plan, Educational Annuity Plan, Children Deferred Assurance Plans.
BLOCK III
Life insurance policy – application & Acceptance – Prospectus, Proposal Forms & other related documents, Age proof, Special Reports Policy document – Operative clauses, Proviso, Schedule, Attestation, Conditions & Privileges, Alteration, Forfeiture Options, Lapse and Revival Schemes, Pensions & Annuities, Actuarial applications, Assignment Nomination – Loans – Surrenders – Foreclosure – Married Women’s Property Act policy, Calculations.
BLOCK IV
Policy claims, Maturity Claims, Survival Benefit Payments, Death claims, Waiver of evidence of title, Early claims, Claim concession, Presumption of Death, Acident Benefit and Disability Benefit, Settlement Options, Valuations and Bonus, Distribution of Surplus, Types of Re-insurance, Exchange Control Regulations, Payment of premia, Payment of Claims etc., Assignment in favour of Non-Residents.
BLOCK V
Group and Health Insurance – Nature of Group Insurance, Types of Group Insurance, Gratuity Liability, Group Superannuation Scheme, Other Group Schemes, Social Security Schemes – Health Insurance – Principles of Health Insurance, Health Products, Group Insurance Products, Product design, Development and Risk Assessment, Underwriting and Premium Setting, Claims Management, Party Administration, Social Security, Reinsurance, Marketing and Service Applications, Tax Planning, Legal Framework and Documentations.
Return To MBA Syllabus List
Posts
0 comments:
Post a Comment