Insurance Class 12 Syllabus
Part B: Vocational Skills
- Unit 1 - General Insurance
- Unit 2 - Fire Insurance
- Unit 3 - Marine Insurance
- Unit 4 - Motor Vehicle Insurance
- Unit 5 - Mediclaim and Accident Insurance
- Unit 6 - Burglary and Theft Insurance
Unit 1: General Insurance
- Meaning and importance of General Importance.
- Different types of General Insurance.
- Fire Insurance.
- Marine Insurance.
- Motor Vehicle Insurance.
- Medi-Claim Insurance.
- Accident Insurance.
- Burglary and Theft Insurance.
- Present Organizational set up of General Insurance companies in India - GICI - its subsidiaries, Private Companies.
- Principles of General Insurance - Insurable Interest, Indemnity, subrogation, good faith.
Unit 2: Fire Insurance
- Types of Fire insurance Polices - Their main features and clauses.
- Meaning & Significance of Average Clause.
- Procedure for taking Fire Insurance Policies and settlement of claims.
Unit 3: Marine Insurance
- Three types of Marine insurance - Cargo Insurance, Hull Insurance and Freight Insurance.
- Types of Policies.
- Clauses of a Marine Insurance Policy.
- Marine losses.
Unit 4: Motor Vehicle Insurance
- Types of Polices and Risks Covered therein.
- Procedure for obtaining motor Insurance Policy.
- Settlement of claims.
Unit 5: Medi-Claim and Accident Insurance
Important conditions of such Polices and Benefits available therein, Procedure for claims.
Unit 6: Burglary and Theft Insurance
- Need for such Insurance.
- Information to be furnished and procedure to be follow.
- Recovering the claims.