PRACTICAL ON INSURANCE

Paper Code: 
SBFS 203
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Learning Outcome (at course level)

Learning and teaching strategies

Assessment Strategies

 
 
  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 on the basis of findings in 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.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching

Learning activities for the students:

Field activities, Presentation, Giving tasks

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

  

 

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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