Insurance Management Syllabus, B.Com 6th Sem Hons, Dibrugarh University CBCS Pattern

Insurance Management Syllabus
B.Com 6th Sem Hons
Dibrugarh University CBCS Pattern
B.Com. (Hons) CBCS Semester: VI
Course No.: DSE 602 (GROUP-IV) Insurance Management
Marks: 100 (Internal Assessment 20 + Term End 80)
Lecture: 60 Tutorial: 4

Objective: The course will acquaint the students with various insurance product and its management.

Course Contents:

UNIT-I: Saving and Investment Schemes-shares, units of mutual funds vis à vis-insurance- group insurance, pension plans, health related insurance etc, Economic value of Life.       Marks 20: 15L+1T

UNIT-II: Tax benefits under life insurance policies; life cycle needs-including solutions; matching of the customer needs and requirements to available products.        Marks 20: 15L+1T

UNIT-III: Computation of premiums and bonus: premium calculations-including rebate, mode of rebate-sum assured rebate-extra premiums, under premiums- computation of benefits, surrender value, paid up value. Policy clauses in life policies.                Marks 20: 15L+1T

UNIT-IV: Insurance documents- proposal forms and other relevant forms,. Premium receipts/renewal premium receipt-policy contract-bonus notice. Life Insurance products-traditional /unit linked policies      Marks 20: 15L+1T

Text and Reference Books::

1)    Mishra M.N: Insurance Principles and Practice; S. Chand and Co, New Delhi.

2)    Vinayakam N., Radhaswamy and Vasudevan SV; Insurance- principles and Practice, S. Chand and Co., New Delhi.

3)    Gupta OS: Life Insurance; Frank Brothers, New Delhi.

4)    Mishra MN: Life Insurance Corporation of India, Vols I, II & III; Raj Books, Jaipur.