Insurance-Practical

Paper Code: 
24DFSG612A
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

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 Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24DFSG 612A

Insurance-Practical

(Practical)

 

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

 

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.

 

 

6.00
Unit I: 
Insurance Forms

• Filling of Insurance form, procedure of insurance (endowment, market link, annuity, term plans)

6.00
Unit II: 
Report on Marine, Fire and General Insurance

• Case studies, Group discussions /review of Reports on Marine, Fire and General Insurance

6.00
Unit III: 
Rural Insurance, Mediclaim, e Surance and Current trends

• Case studies, Group discussions /Reports/ presentation on rural insurance, mediclaim, e-insurance, current trends in insurance and Government schemes related to Insurance.

6.00
Unit IV: 
Report on comparison of two insurance plans

• Discussion and Preparation/Presentation of Report on comparison of two insurance plans

6.00
Unit V: 
Calculation on premium

• Case studies on calculation on premium

Essential Readings: 

• 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

References: 

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

Academic Year: