Principles and Practice of Insurance

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    • Name of the Textbook: बीमा के सिद्धान्त एवं व्यवहार (Principles and Practice of Insurance
    • Publisher: Sahitya Bhawan Publications
    • Language: Hindi
    • Book: New

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Unit-I: Introduction, Purpose, and Need of Insurance, Insurance as a social security tool, Insurance, and economic development. Theories of Insurance, Principles of Insurance Contract, Risk, Double insurance, Over insurance, Underinsurance, Re-insurance.

Unit-II: Life Insurance: Principles and Practice, Life insurance contracts, nature and characteristics, Types of life insurance policies, Term and Conditions of the policy, Nomination and Assignment of policies, Computation of premium, Annuity payment, Mortality Table.

Unit-III: Fire Insurance: The basic principles of Fire Insurance contracts, Fire Policy, Conditions, Assignment, Claims.

Unit-IV: Marine Insurance: General Principles, Conditions, and Warranties in a marine insurance policy, Types of Marine insurance policies, Assignment of policy, Loss, and abandonment, Marine losses.


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