Coming soon
Insurance - I
To enhance the practical knowledge of students related to international trade & Insurance.
Insurance: Meaning, Definition, characteristics, Origin and development, Functions, Limitations. Difference between Insurance & Assurance. Insurance Vs. gambling, Role and significance of Insurance, Important terminology used in Insurance. Role of Information technology in Insurance.
General principles of Insurance: Essentials of insurance contracts-Offer and Acceptance, Legal Considerations, Free consent, legality of contract etc. Distinction between General Law of contract and Insurance contract; Life and indemnity Contract.
Principles of Insurance: Principle of Utmost Good Faith, Principle of Insurable Interest, Indemnity, Subrogation, Causa Proxima.
Double Insurance: Meaning, Features, over insurance
Reinsurance: Characteristics of Reinsurance ,Types of Reinsurance. Reinsurance Vs. Double insurance, Essentials of reinsurance and important terms used in reinsurance
Insurance Agents: Meaning, Characteristics, Kinds of Insurance agent, qualities, requirements of insurance agent, Process of agency building, Agency law and code of conduct.
• MJ Mathew,”RiskManagement and Insurance”,RBSA Publications,Jaipur. • Neelam C.Gulati,”Principles of Insurance Management”,Excel books
• Karam Pal,B.S.Bodla,M.C.Garg,”Insurance Management:Principles & Practices, Deep& Deep Publications
• Jyotsna sethi, Nishwan Bhatia,”Elements of banking and Insurance”,Prentice hall of India,Delhi
• Life Insurance,Vol.I,II ,Life Insurance Module (Insurance institute of India)
