Principles and Practices of Insurance

The present book covers the whole course prescribed for B.Com. V Semester for Various Universities of Uttar Pradesh. Large number of M.C.Q. with answer have been included in the book.

Principles and Practices of Insurance Syllabus For B.Com. Fifth Semester Various Universities and Colleges of Uttar Pradesh

• Unit I : Risk : Meaning, Types, Causes, Methods of Handling Risks. Insurance : Meaning, Origin and Development, Functions, Types, Principles, Advantages, Reinsurance, Double- Insurance.
• Unit II : Life Insurance : Meaning, Importance, Essentials of Life Insurance Contract, Procedure of Life Insurance. Life Insurance Policies, Nomination and Assignment, Surrender Value. Life Insurance Corporation : Functions and Organization.
• Unit III : Marine Insurance : Meaning, Significance, Scope and Insurable Risk, Characteristics of Marine Insurance, Contract, Types of Marine Policies, Main Clauses in Marine Policies and Marine Losses.
• Unit IV : Fire Insurance : Meaning, Hazards in Fire Insurance, Scope, Importance, Fire Insurance Contract, Conditions of Fire Insurance Policy and Procedure. Miscellaneous Insurance : Motor Insurance, Burglary, Live- stock, Crop and Health Insurance.

CONTENTS

1. Introduction
2. Life Insurance
3. Fire Insurance
4. Marine Insurance
5. Motor Insurance
6. Insurance Agent
7. Aircraft Insurance
8. Crop Insurance
9. Burglary Insurance
10. Health Insurance
    Additional Multiple Choice Questions