This course will enable students to understand insurance procedures, analyze case studies on various insurance types, discuss current trends, compare insurance plans, and calculate premiums, fostering practical knowledge in insurance management.
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24DFSG 612A |
Insurance-Practical (Practical)
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CO223: Analyse procedure of insurance and various formalities in the process of insurance CO224: Evaluate cases on marine, fire and general insurance CO225: Examine the current trends in insurance and e-insurance. CO226: Compare and evaluate the various insurance plans. CO227: Calculate Insurance Premium for different plans using various methods CO228: Contribute effectively in course-specific interaction
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Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases, Power point presentation. Learning activities for the students: Self learning Seminar presentation, Live practical problems analysis |
Class participation, assignments and presentations, C A Test, Semester End Exams.
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• Filling of Insurance form, procedure of insurance (endowment, market link, annuity, term plans)
• Case studies, Group discussions /review of Reports on Marine, Fire and General Insurance
• Case studies, Group discussions /Reports/ presentation on rural insurance, mediclaim, e-insurance, current trends in insurance and Government schemes related to Insurance.
• Discussion and Preparation/Presentation of Report on comparison of two insurance plans
• Case studies on calculation on premium
• MJ Mathew, Risk Management and Insurance , RBSA Publications,Jaipur.
• Dr. R.K. Kothari, Dr. Mukesh Jain , Risk and Insurance Management, RBD publications, Jaipur
• Neelam C.Gulati, Principles of Insurance Management, Excel books
Suggested Readings:
• George E. Rajda ,Principles of risk management and Insurance, Pearson Publication
• P.K. Gupta,Insurance and risk management, Himalaya publishing house
E-Content:
• World Ebook Library
• Investments (SIE), https://www.expresslibrary.mheducation.com/bookshelf Workbook for NISM
• https://fincomindia.nic.in/
• https://www.idrbt.ac.in/assets/publications/Best%20Practices/Digital%20B...
• https://www.niti.gov.in/sites/default/files/2021-11/Digital-Bank-A-Propo...
• https://rbi.org.in/commonperson/english/scripts/digitalbanking.aspx
Reference Journals:
• Economic and Political Weekly, www.epw.in
• Indian Journal of Finance