Insurance

Compulsory for Licentiate (Life & General) - 20 Credit Points. 1000 Questions (100 questions X 5 mock tests 25 questions X 20 mock tests)

This Course Includes

What Is Insurance – Brief History of Insurance – Perils and Risks – Classification of Risks - Hazards – How Insurance Works – Classes of Insurance – Assumptions – Importance of Insurance Industry

Compulsory for Licentiate (Life) - 20 Credit Points. 1000 Questions (100 questions X 5 mock tests 25 questions X 20 mock tests)

This Course Includes

Life Insurance Organization – Plans of Life Insurance – Annuities – Group Insurance – Other Special Need Plans – Linked Insurance Plans – Application and Acceptance – Premium Payment – Assignment, Nomination, Loans, Surrenders, Foreclosure Policy Claims – Annexure – Financial Market – Capital Market – Simple Economics

Compulsory for Licentiate (General) - 20 Credit Points. 1000 Questions (100 questions X 5 mock tests 25 questions X 20 mock tests)

This Course Includes

Insurance Legislation – The Insurance Market – Fire and Marine Coverages – Miscellaneous Coverages – Specialized Insurances – Rating and Premium – Claims – Investment & Accounting

Compulsory for Associate (Life) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

Life Underwriting -Principles & Concepts (Part-1 & 2) ; Underwriting - Structure & Process ; Financial Underwriting ; Occupational, Vocational and Residential risks .

Blood Disorders, Nervous System, Diabetes Mellitus, Thyroid Diseases, Urinary System, Respiratory System, Gastrointestinal and Cardio-vascular system, Disorder of Eyes, Ears and Nose

Compulsory for Associate (Life) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

- Elementary Principles of Accounts

- Accounting Procedures

- Final Accounts

- Anti-Money Laundering Guidelines & PMLA Act

- Compliance with IFRS

Compulsory for Associate (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Profile of Underwriter
• What is Underwriting
• Underwriting Process
• Risk selection
• Rate Making
• Reinsurance

Compulsory for Associate (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Accounting Scopes & Introduction
• Depreciation Accounting
• Accounting Regulations
• Preparation of Accounting Statements
• Reinsurance Accounting
• Investment Accounting
• Annual Reports

Compulsory for Fellow (Life) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Values
• Annuities
• Probability
• Mortality
• Office Premiums

Compulsory for Fellow (General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction
• Rate Making
• Individual Risk Rating
• Loss Reserving
• Risk Classification

Compulsory for Fellow (Life) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Rates of Interest
• Redemption
• Mortality tables and rates
• Valuations

Compulsory for Fellow (General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Reinsurance
• Credibility
• Investment
• Social Issues

Compulsory for Fellow (Life) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Product
• Product Pricing
• Types of Insurance Products
• Mortality & Morbidity
• Premium bases , Commission Rates
• Profit & Solvency Margins

Compulsory for Fellow (General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Basics of Financial Management & Types of Companies and means of Financing
• Financial Instruments , Taxation & Levarages - measurement and implications
• Cost of Capital and Capital structure
• Introduction to Accounts , Interpretaion of Accounts & Capital Budgeting
• Demand and Supply & Elasticity of Demand and Supply
• Theory of Consumer Behaviour & Types of Competition
• International Trade
• Macroeconomics
• Government intervention

Compulsory for Fellow (Life) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Risk and Return
• Capital Market
• Derivative on Share and Index
• Fixed Interest Instrument
• Mutual Fund
• Real Estate and Other Investment
• Assets Allocation
• Forms of Business Ownership

Compulsory for Fellow (General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• The Operating Environment of an Enterprise
• Assessment & Classification of Risks, Risk Measures
• Determination of Assumptions and Scenario Testing
• Reserving and Valuation of Liabilities
• Qualitative and Quantitaive Risk Management
• Risk Mitigation & Risk Modelling
• Monitoring the Experience and Exposure to Risks
• Solvency & Profitability of Enterprise, Management of Capital
• Asset Liability Management

Optional (Life & General) - 20 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

Main functions of IRDA and Insurance Councils - AML guidelines - IRDA (Licensing of Insurance Agents) Regulations, 2000 - Mechanisms for dispute resolution

Optional (Life) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

Sources of Law, Definition of Law;  Law of Contract Definition ;

Life Insurance Contract – I & II,  Group Life & Other Insurance Schemes; Life Insurance Policies as Property; Rights Under Life Insurance Policies; Claim Settlement;

Tax Laws and Life Insurance ; Protection of Interest of Consumers; Insurance Regulatory And Development Authority Act, 1999

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• The evolution and growth of India's health insurance sector
• Constitutional provisions for public health
• Health insurance pricing
• Regulatory and legal aspects of health insurance
• Different types of health insurance products
• Reinsurance in health insurance
• Insurance frauds and how to combat them

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction to General Insurance Claims
• Claoms Management Overview
• Dealing with the Claims Process
• Claims Documentation
• Survey and Adjustment of Claims
• Principles Geverning Assessment of Loss
• Practice of Loss Assessment
• Special Features of Property Damage Claims
• Special Features of Insurance of Persons
• Special Features in Liability Claims
• Special Features in Claims
• Speed and Quality in Settlement of Claims
• Disputes in Claims
• Frauds in Claims
• Claims Reserving
• Information Technology in Claims

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Overview of Indian Insurance Industry
• Insurance Frauds
• Insurance Fraud Fighting
• Investigation of Losses in Insurance
• Money Laundering in Insurance

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

Specifically, the course deals with coverage under basic fire policies and extensions thereof. Fire hazards and loss prevention, Risk Inspection Report, System of rating and underwriting, drafting of policies and endorsements, legal and procedural aspects of claims processing and specialized policies for Petrochemical risks and large Industrial risks.

The course also includes some inputs on overseas fire insurance practice.

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

 Marine insurance is essential to overseas trade, inland trade and shipping. It is concerned with the insurance of: a) Goods in transit from one place to another by all modes of transport viz. Sea, inland waterways, rail, road, air and also post parcel and couriers, b) Ships i.e. hull insurance covering loss or damage to the hull and machinery of a vessel during construction, maritime operations, lay-ups, repairs and even breakage. c) Various other interests associated with ships e.g. freight, disbursements and liabilities like ship repairers’; charterers’; stevedores’ liabilities etc. d) Premium e) Incidental charges and profits.

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction to Indian Agriculture
• Risks in Agriculture
• Crop Insurance in India
• Livestock Insurance in India
• Miscellaneous Agriculture Insurance
• Agriculture Reinsurance

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Application of basic principles
• Motor Vehicles Act 1988
• Motor Accident Claims Tribunal
• Types of Motor Policies
• Motor Insurance Practice
• Underwriting and Rating
• Documents and procedures
• Control of frauds

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction
• Liability Underwriting
• Liability Products
• Liability Claims
• Liability Reinsurance

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction
• Aviation Insurance Covers
• Underwriting - General Aviation
• Underwriting - Airlines
• Underwriting - Aerospace
• Aviation Laws
• Aviation Claims
• Aviation Finance

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• The Engineering Insurance Business
• The Project Stage Insurances
• The Operational Phase Insurances
• Other Related Topics - Reinsurance, Risk Inspection

Optional (General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Personal Accident Insurance
• Group Personal Accident Insurance
• Burglary Insurance
• Money Insurance
• Bankers Indemnity and Jewelers Block Insurance
• Other Miscellaneous Insurances
• Package covers- Shopkeepers Package, House Holders Package, Office Umbrella
• Event Insurances
• Contemporary covers and Product Development

Optional (Life) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

Historical background to employee benefits in India

Group Insurance Schemes

Gratuity and Superannuation Schemes

Data processing and Group Schemes.

Optional (Life & General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Introduction
• Functions of Reinsurance
• Forms of Reinsurance
• Methods of Reinsurance
• Reinsurance Documentation
• Reinsurance terms 

Optional (Life & General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

- Theoretical aspects of risk management

-  Practical aspects of risk management application:

-  Various flow charts, Checklists, Diagrams Etc.

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Inroduction to Insurance
• Introduction to Marketing
• Consumer Behaviour
• Introduction to Services
• Quality in Services
• Strategies for Insurance
• The People Factor
• Rural Markets

Optional (Life & General) - 40 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Accounting
• Management Accounting
• Budget and Budgetary Control
• Cash Flow - Fund Flow
• Cost Accounting
• Standard Costing
• Marginal Costing
• Management Information System

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Evolution & Development of Management & concomitant implication for people at work.
• Different Management Approaches
• Management Function
• Management Practices
• Some Management Processes
• Human Resources Management
• Other Personnel Functions
• International Human Resource Management (IHRM)
• Management & Society

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

- Introduction

- Risk return relationship

- Securities

- Construction of portfolio

- Evaluation of portfolio performance

- Regulation of asset management

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Business Enterprise and its Environment
• Economic Foundations - some concepts
• Political - Economic Environment and Insurance
• The Social Environment and Insurance
• Technological Environment and Insurance
• Environmental Risks and Insurance
• The Legal Environment of Insurance
• Emerging issues for Insurance Industry

Optional (Life & General) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Understanding Distribution Channels
• Channel Mix Decisions
• Understanding Distribution Channels in Insurance
• Creating Customer Value through Distribution
• Unique aspects of Insurance Distribution 
• Customer Relationship Management through Distribution
• Best Practices in Distribution Management in Insurance
• Unique Initiatives Taken by the Insurance Regulator (IRDAI)  in the recent past.

Optional (Life) - 30 Credit Points. 1000 Questions (100 questions X 5 mock tests, 25 questions X 20 mock tests)

This Course Includes

• Products - an overview
• The Underlying Concepts in Life Insurance Products
• Actuarial and Technical aspects of Life Insurance Products
• Why People Buy
• Financial Planning and Life Insurance
• Emerging Contingencies and Products
• Life Insurance vs. Other Financial Products
• Life Insurance Product Development
• Takaful (Islamic Insurance)