FIN464 : Various insurance

Department

Department of Financing and Banking

Academic Program

Bachelor in Finance and banking

Type

Elective

Credits

03

Prerequisite

FIN263

Overview

The title introduces the student to the concepts of risk, what it is, its causes, types, and analysis of its elements, as well as identifying dangerous and non-insurable risks, insurance, insurance, insurance, insurance against insurance, types of insurance, including insurance, life, property, marine insurance, and other types, definitions of insurance contracts, and technical and legal rules for the insurance contract.

Intended learning outcomes

A. Knowledge and understanding:

  • That the student recognizes and comprehends the scientific concepts, foundations and principles of risk and its causes.
  • To familiarize the student with the different aspects of insurance sources and types.
  • To familiarize the student with the various aspects of analysis and insurance contracts, as well as the technical and legal rules of the insurance contract.

B. Mental skills:

  • The student should be able to comprehend and discuss in the lecture hall the basic concepts of risk and insurance.
  • The student should be able to use the World Wide Web to search for information.
  • The student should be able to analyze insurance contracts and claims settlement procedures.

C. Scientific and professional skills:

  • That the student master practical and professional skills in risk and insurance
  • The student should use modern methods in Tamil.
  • The student should apply electronic software and contemporary technologies in insurance.

D. General skills:

  • The student should be able to solve problems and make decisions.
  • The student should be able to lead, supervise and work with a team.
  • To master the skill of communication and dealing with others.

Teaching and learning methods

  1. Lectures.
  2. Discussions and assignments.
  3. Research papers.
  4. Practical cases and exercises.

Methods of assessments

  1. Midterm exam 20%.
  2. Research paper 10%.
  3. Activity 10%.
  4. Final exam 60%.

Course content

Number of hours

scientific subject

Week

6

Definition of the insurance market, its composition, market members, types of brokers and insurers.

1-2

3

Types of insurance companies, the basic principles of the insurance contract, and the period of validity of the contract.

3

6

Personal accident insurance Examples of personal accident insurance and the documents issued by it.

4-5

3

Definition of the accident, components of the accident, and the main factors in the risk selection process.

6

3

Insurance policy, death, total, partial and permanent disability and its conditions.

7

6

The risks covered by the policy and not covered by calculation examples of temporary and death compensation.

8-9

3

Insurance rates from personal accidents, insurance benefits and risks are not insured.

10

3

The insurance policy is group personal accidents and additional coverages, exclusions and conditions.

11

3

Fiduciary breach insurance, the difference between theft and breach of trust, the breach of trust insurance policy and its types of documents.

12

3

Cash conveyance insurances are terms and conditions governing cash conveyance policy cover.

13

3

Insurance of civil liability types and the difference between them and contractual.

14