PRACTICAL ON INSURANCE

Paper Code: 
SBFS 204
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The course will enable the students to gain practical skills in evaluating various insurance products, assessing risk management strategies, understanding policy terms and conditions, and applying regulatory knowledge to real-world insurance scenarios

Course Outcomes: 

 

 

Course

 

 

Learning outcome (at course level)

Learning  and Teaching Strategies

Assessment Strategies

Course Code

 

 

Course Title

 

 

SBFS204

Practical on Insurance

 (Practical)

 
  1. Demonstrate the ability to comprehend the use of insurance-related documents.
  2. Compare different insurance plans from different companies through discussion and presentations.
  3. Investigate the different insurance companies and provide conclusions or recommendations based on findings in the writing of comprehensive reports.
  4. Obtain knowledge of some documentary aspects related to different types of insurance plans.
  5. Examine the claim settlement procedure in different insurance companies through Presentations.
  6. Contribute effectively in course-specific interaction

Approach in teaching: Blended Learning, Collaborative approach, Interactive Lectures, Discussion, Group Projects, PowerPoint presentation.

   

Learning activities for the students:

Self-learning assignments, Seminar presentations, Case Study Analysis, Brainstorming activities

 

Class tests, CA Test,

Semester end examinations, Quiz,

Evaluation of student Presentations,

 

Evaluation of Individual and group projects,

 

Assessment of Project Reports and viva voce.

 

Unit I: 
.

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

Unit II: 
.

Discussion and Preparation/Presentation of Report on comparison of two insurance plans of various companies.

Unit III: 
.

Visit the Websites of five different Insurance Companies Offering Life Insurance. Get details on the Various Policies Offered by them and prepare a Comprehensive Report for each of these Companies

Unit IV: 
.

List the documents to be submitted for applying for each type of insurance (You can obtain sample application forms from the relevant insurance company.)

Unit V: 
.

Explain through presentation the claims procedure along with requirements for claiming insurance at the time of occurrence of the insured event.

Essential Readings: 

• MJ Mathew,”Risk Management and Insurance”,RBSA Publications, Jaipur.
• “Risk and Insurance management” Dr. R.K. Kothari, Dr. ukeshJain,RBDpublications,Jaipur
• Neelam C.Gulati,”Principles of Insurance Management", Excel books.
• Insurance management(text and cases), Swarup C. Sahoo, Suresh C.Das, Himalyapublishing house

References: 

SUGGESTED READINGS:
• Principles of risk management and Insurance,George E. Rejda, Pearson Publiction
• Insurance and risk management, P.K. Gupta, Himalya publishing house
• Life Insurance module,Vol.I,II

E-READINGS
• https://books.askvenkat.org/risk-management-insurance-book-pdf-free...
• https://books.askvenkat.org/mba-books-free-download-pdf
• https://archive.org/details/riskmanagementin0011trie
• National Digital Library
• World EBook Library

JOURNALS
• IRDA Journal
• FIIB Business Review- http:// sagepub.com
• Directory of Open Access Journals
• R.B.I. Bulletin.

Academic Year: 
2023-2024
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