Fundamentals of Insurance

By Dr.K.UMA | Madurai Kamaraj University

Learners enrolled: 1179

Insurance is mandatory in the prevailing risky environment. Insurance provides economic protection to the individual and business concern. Insurance gives financial protection to the insured against the unexpected losses. Insurance density and penetration of India is low, because the awareness of insurance among the people is very less. Creating awareness and importance of insurance in the student hood will create a transformation. This course will help to create a considerable impact in the student mind.

Summary

Course Status :	Ongoing
Course Type :	Core
Language for course content :	English
Duration :	12 weeks
Category :	Management Studies
Credit Points :	4
Level :	Undergraduate
Start Date :	10 Jul 2024
End Date :	31 Oct 2024
Enrollment Ends :	31 Aug 2024
Exam Date :	15 Dec 2024 IST
Exam Shift: :	Shift-1

Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week - I

1. Risk and Insurance

2. Features and Function of Insurance

3. Principles of Insurance

Week - II

4. Basics of Life Insurance

5. Principles of Insurance for Life

Week - III

6. Types of Policies for Life

7. Policy Conditions for Life Insurance

8. General Insurance

Week - IV

9. Fire Insurance - Origin and Nature

10. Principles of Fire Insurance

11. Types of Fire Insurance Policies

Week - V

12. Policy Conditions for Fire Insurance

13. Basics of Marine Insurance

14. Principles of Marine Insurance

Week - VI

15. Types of Marine Insurance Policies

16. Marine Insurance Clauses and Policy Conditions

17. Basics of Health Insurance

Week - VII

18. Health care and Health Insurance

19. Health Insurance Plans

20. Health Insurance - Policy Procedure

Week - VIII

21. Health Insurance - Third Party Administrators

22. Health Insurance - Claim Procedure

23. Motor Insurance

Week - IX

24. Miscellaneous Insurance - (Business and Personal Package)

25. Miscellaneous Insurance - (Industrial, Engineering and Rural)

26. Re Insurance

Week - X

27. Annuity and surrender value

28. Insurance Regulatory and Development Authority of India(IRDAI)

Week - XI

29. Legal dimensions of Insurance

30. Insurance Marketing

Week - XII

31. Indian insurance market

32. Conclusion

Books and references

1. Insurance Principles And Practice,M.N. Mishra & S.B. Mishra, Sultan &chand Publications.

2. Elements of Insurance – Dr. A. Murthy, Margham Publications.

3. Banking and Insurance – E.Gordon, P.K. Gupta, Himalaya Publishing House.

4. Principle of practice of Insurance – Dr. P. Periasamy, Himalaya publishing House.

5. Insurance Principles and practice – Inderjit Singh, Rakesh katyal and Sanjay arora, Kalyani Publishers.

6. IRDA Annual Report.

Instructor bio

Dr.K.UMA

Madurai Kamaraj University

Dr.K.Uma has completed her Ph.D in Commerce which was focused in General Insurance. 18 years of teaching (UG&PG) and 10 years of Research experience in the field of commerce. She has published 29 research articles in International and National Journals. Further she has attended E-content development workshop conducted by UGC sponsored Human Resource Development centre, Madurai Kamaraj University and also developed E-contents for own teaching purposes. She has developed online course material for (for two subjects) commerce students in Directorate of Distance Education, Madurai Kamaraj University. So for she has completed guidance for 10 Ph.Ds and 30 M.Phils. So the research experience gained would help to serve better in MOOCs course development.