Language: Hindi, Topics Covered:
1. What is insurance? How is it different from other financial intermediaries such as banks and mutual funds?
2. What is the importance of insurance in an economy?
3. Principles of insurance: Uberrima fides, Indemnity, Subrogation, Causa proxima and Insurable interest
4. Life insurance types: endowment, whole life, term insurance, unit linked insurance policy (ULIP)
5. Challenges faced by life insurance industry.
6. Non-life insurance types: marine, rural, health insurance, fire insurance and 3rd party motor insurance.
7. Challenges faced by general insurance industry
8. Definition of insurance penetration and insurance density.
Powerpoint available at http://Mrunal.org/download
Exam-Utility: UPSC IAS IPS, CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI
Faculty Name: Mrunal Patel
Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
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