- 4 Sections
- 13 Lessons
- Lifetime
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- Unit-I: Commercial Banking3
- Unit-II: Central Banking3
- Unit-III: Introduction to Insurance4
- 3.1Risk – Its classification and how to deal with it
- 3.2Insurance- Meaning, Definition and Mechanism of Insurance, Functions of Insurance
- 3.3Basic Concepts, Double Insurance, Re-insurance, Co-insurance, Insurance Market, Insurance Contract, Contingent Contract, Wagering Contract
- 3.4Fundamental Principles of Insurance Contract, Insurance Act and Role of IRDA
- Unit-IV: Life Insurance & Other Insurances3
- 4.1Life Insurance – Element of protection and investment, Importance of Life Insurance, Procedure of effecting a Life policy,
- 4.2Premium computation including Mortality table, various Policy conditions, Settlement of Claims, Types of life Insurance policies- On the basis of duration and number of life covered
- 4.3Concepts of Fire Insurance, Marine Insurance, Fidelity Insurance, Crops Insurance, Motor Insurance and Credit Insurance.
Premium computation including Mortality table, various Policy conditions, Settlement of Claims, Types of life Insurance policies- On the basis of duration and number of life covered
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