Economics of Insurance is prescribed as OE paper for 3rd semester students under National Education Policy. It is designed in keeping the view of student who have opted other discipline. It is designed by using simple language and used simple text design to understand the subject easily even by average student, text is made in simple pedagogy, which help the student to understand the subject easily and capable to face the examination with confidence. The book, including basic concepts and fundamental of Economics of Insurance. At the same time, the book includes a number of innovative and interactive features designed to enhance student learning, instructors can also customize the book adapting it to the approach that works best in their classroom. This book organised into nine-chapter; book has been written to cater to the need of under graduate’ students. Further examples have been added into the concepts to prepare for the project work and gaining practical knowledge.
Contents –
Unit I : INTRODUCTION TO ECONOMICS OF INSURANCE
1. Fundamentals of Economics of Insurance
2. The Conceptual Framework
3. Type of Insurance
Unit 2 : INSURANCE PLANNING
4. Types of Insurance Planning
5. Retirement Planning
6. General Insurance Structure
Unit 3 : PERSONAL INSURANCE / HEALTH INSURANCE
7. Essential of Life and Health Insurance
8. Insurance Documentation
9. Insurance Legislation