{"id":16211,"date":"2025-06-17T14:57:48","date_gmt":"2025-06-17T14:57:48","guid":{"rendered":"https:\/\/zedex.co.in\/vipulp\/?post_type=product&#038;p=16211"},"modified":"2025-06-17T14:57:52","modified_gmt":"2025-06-17T14:57:52","slug":"principles-of-insurance-as-per-nep-2020","status":"publish","type":"product","link":"https:\/\/zedex.co.in\/vipulp\/product\/principles-of-insurance-as-per-nep-2020\/","title":{"rendered":"Principles of Insurance (As per NEP 2020)"},"content":{"rendered":"<h1><strong>SYLLABUS<\/strong><\/h1>\n<p><strong>MODULE &#8211; I:<\/strong><\/p>\n<p><strong>(1)\u00a0\u00a0\u00a0 Introduction to Principles of Insurance and Insurance Market:<\/strong><\/p>\n<ul>\n<li>History of Insurance in India, Insurance \u2013 Meaning, Definition, Functions, Nature and Principles of Insurance \u2013 Insurance Contract \u2013 Importance of Insurance to Society, Individuals, Business and Government.<\/li>\n<li>Features of Insurance Market in India, Types of Insurance \u2013 Life Insurance and General Insurance, Insurance Customers, Insurance Terminology. Organizational Structure, Functional Process, Distribution Channels, Distribution Channels in Insurance.<\/li>\n<\/ul>\n<p><strong>(2)\u00a0\u00a0\u00a0 Life Insurance and General Insurance:<\/strong><\/p>\n<ul>\n<li><strong>Life Insurance:<\/strong> Meaning and Features of Life Insurance Contract \u2013 Classification of Policies, Life Insurance Planning, Financial Planning and Life Insurance, Life Insurance \u2013 Claims Management.<\/li>\n<li><strong>General Insurance: <\/strong>Meaning and Features of General Insurance Contract \u2013 Types of General Insurance, Fire Insurance \u2013 Meaning, Nature and Use of Fire Insurance-Fire Insurance Contract, Kinds of Policies \u2013 Policy Conditions, Marine Insurance \u2013 Meaning and Nature of Marine Insurance, Classification of Policies, Policy conditions, Personal Accident Insurance, Motor Insurance, Liability Insurance \u2013 Bancassurance.<\/li>\n<\/ul>\n<p><strong>MODULE &#8211; II:<\/strong><\/p>\n<p><strong>(3)\u00a0\u00a0\u00a0 Regulations of Insurance Business:<\/strong><\/p>\n<ul>\n<li>Development of Insurance Legislation in India and Insurance Act 1938, Insurance Regulatory and Development Authority of India (IRDAI), IRDAI and Its Functions, Protection of Policyholders Interest, Dispute Resolution Mechanism, International Trends in Insurance Regulation, Code of Conduct for Insurer, Basics requirements of the licensing regime for regulation of Insurance Intermediaries, Grant of License.<\/li>\n<\/ul>\n<p><strong>(4)\u00a0\u00a0\u00a0 Ethical Issues and Rating Practices:<\/strong><\/p>\n<ul>\n<li>Insurance Intermediaries duties to policyholders, Protection of Personal Data, Prevention of Insurance Fraud.<\/li>\n<li>Rating Practices, Premium Payment Regulations, Claim Procedure and Management, Survey and Assessment.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<h3>FYMCOM &#8212; SEMESTER &#8211; II<\/h3>\n<h2>Author: Lakshmi Chandrasherkaran<\/h2>\n<h2>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0N. Lakhsmi Kavitha<\/h2>\n<h2>FIRST EDITION 2024<\/h2>\n","protected":false},"featured_media":15354,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[1288,1281,1280,1145,1287],"product_tag":[],"class_list":{"0":"post-16211","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-banking-finance-group-semester-ii-f-y-m-com-part-i","7":"product_cat-f-y-m-com-part-i","8":"product_cat-m-com-nep-2020","9":"product_cat-post-graduation-courses","10":"product_cat-semester-ii-f-y-m-com-part-i","12":"first","13":"instock","14":"shipping-taxable","15":"purchasable","16":"product-type-simple"},"acf":[],"_links":{"self":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product\/16211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/comments?post=16211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/media\/15354"}],"wp:attachment":[{"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/media?parent=16211"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_brand?post=16211"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_cat?post=16211"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/zedex.co.in\/vipulp\/wp-json\/wp\/v2\/product_tag?post=16211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}