We have enormous fulfilment in presenting the first edition of the Title “Life and General Insurance” written for students of Under Graduation courses. The subject matter is written in a simple and easily understandable language with adequate support from realistic information
This is an endeavor to provide the students with thorough understanding of Life and General Insurance related concept. While writing this book we have benefited greatly from the studies of a number of books and the articles written by scholars widen over diversely.
In writing the book special care has been taken to avoid gaps in the sequential arrangement of topics in the syllabus and logically developed the various topics such as Introduction to Life Insurance, Life insurance products, Life insurance underwriting, Sources of data, Concept of extra mortality, Occupational hazards. The brief explanations have given related to Legal Aspects of Insurance, Indian contract Act, Insurance laws, Insurance Act, LIC Act, IRDA Act, Claim Management, Claim Settlement, Consumer Protection Act, Re-Insurance in Life Insurance. This book also contains the information about Introduction to General Insurance, Risk assessment, underwriting and ratemaking, Product design, Insurance Industry, Re-Insurance, Functions, Methods of Re-Insurance. Topics covered are discussed, as far as possible, in a fairly self-contained manner.
Contents-
1. Introduction to Life Insurance
2. Legal Aspects of Life Insurance
3. Clam Management and Re-Insurance
4. Introduction to General Insurance
5. Insurance Industry
