Chapter
Concept of Insurance
Banking & Insurance - Laws & Practice (Elective Paper 7.4)Part II: Insurance Laws (50 Marks)
11 topics
- Introduction
- Evolution of Insurance in India
- Principles of Insurance
- Purpose and Need of Insurance
- Insurance as a social security tool
- Insurance Markets
- Insurance Customers
- Insurance Contracts
- Broad categories of Insurance – Life Insurance, General Insurance, Health Insurance, Specialized Insurance
- Indemnity based Insurance and Benefit based Insurance
- Role of Insurance in Economic Development