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.
    1. Fire Insurance.
    2. Marine Insurance.
    3. Motor Vehicle Insurance.
    4. Medi-Claim Insurance.
    5. Accident Insurance.
    6. Burglary and Theft Insurance.
    7. Present Organizational set up of General Insurance companies in India - GICI - its subsidiaries, Private Companies.
    8. 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.