Hai Licentiate aspirants,
Find the new revised syllabus for licentiate examinations -
SUBJECT 01 – PRINCIPLES OF INSURANCE (Common Subject for Life and General)
THE CONCEPTUAL FRAMEWORK – WHAT IS INSURANCE – BRIEF HISTORY OF INSURANCE – PERILS AND RISKS – CLASSIFICATION OF RISKS- HAZARDS – HOW INSURANCE WORKS – CLASSES OF INSURANCE – ASSUMPTIONS – IMPORTANCE OF INSURANCE INDUSTRY.
THE BUSINESS OF INSURANCE – MANAGING RISK RETENTION – LIFE INSURANCE – MANAGING INSURANCE – FUNDS OF AN INSURER – TRUSTEE-REINSURANCE – ROLE OF INSURANCE IN ECONOMIC DEVELOPMENT – INSURANCE AND SOCIAL SECURITY.
THE INSURANCE CONTRACT – UTMOST GOOD FAITH OR UBERRIMA FIDES – INSURABLE INTEREST – INSURER'S INSURABLE INTEREST – CRIMINAL ACTS – INDEMNITY – SUBROGATION AND CONTRIBUTION – PROXIMATE CAUSE – PERSONAL AND NON-PERSONAL CONTRACTS
INSURANCE PRODUCTS – LIFE INSURANCE – SURVIVAL – TERM ASSURANCE – PURE ENDOWMENT – WHOLE LIFE – DOUBLE ENDOWMENT MONEY BACK OR ANTICIAPTED SUPPLEMENTARY BENEFITS – RIDERS – LINKED POLICIES – ANNUITIES – IMMEDIATE ANNUITIES – DEFERRED ANNUITIES – GROUP POLICIES – MASTER POLICY – NON-LIFE INSURANCE – FIRE – LOSS OF PROFITS – MARINE – MARINE CARGO – MARINE HULL – MOTOR – MISCELLANIOUS – PERSONAL ACCIDENT – FIDELITY GUARANTEE – HEALTH – MEDICLAIM – OVERSEAS MEDICAL – LIABILITY – WORKMENS' COMPENSATION – ENGINEERING – BOILER AND PRESSURE PLANT POLICIES – AVIATION – INDUSTRIAL ALL RISKS – OIL AND GAS – SATELLITE OTHER MISCELLANEOUS INSURANCES – BURGELARY – LOSS OF BAGGAGE DURING TRAVEL – HOUSEHOLDER EFFECTS – SHOPKEEPER'S BUSINESS – BANKERS' IMDEMNITY – HORSES – BEES – CATTLE – PLANTATIONS ETC.
INSURANCE TERMINOLOGY – COMMON FOR BOTH LIFE AND NON-LIFE INSURANCE – INSURANCE – INSURER – PROPOSAL – UNDERWRITER – PREMIUM – POLICY – ENDORSEMENT – SUBJECT MATTER OF INSURANCE – SUM ASSURED – TERM – CONDITIONS – PRECEDENT AND SUBSEQUENT – CLAIM – POLICYHOLDER – PREMIUM – RESERVE – CEDED – ACCEPTED – EXPENSE RATIOS – LOSS RATIOS – MORTALITY – LLOYD'S PROTECTION AND INDEMNITY ASSOCIATIONS – WARRANTIES – REPRESENTATION – EX-GRATIA – LIFE INSURANCE – FIRST PREMIUM – RENEWAL – MODE – LIMITED PAYMENT – POLICIES – SINGLE PREMIUM – CONVERTIBLE – DAYS OF GRACE – LAPSE – PAID UP POLICY – REVIVAL – DEFERRED – DEERMENT PERIOD – NOMINATION – ASSIGNMENT – ASSIGNEE – BONUS – WITH PROFIT – PARTICIPATING – NON-PARTICIPATING OR WITHOUT PROFIT – SURRENDER VALUE – NON-LIFE INSURANCE – MARKET AGGREMENTS – COVER NOTES – CERTIFICATES OF INSURANCE – OPEN POLICY – FLOATER – EXCESS – FRANCHISE – CLAIMS – SALVAGE – COINSURANCE – LOSS – TOTAL LOSS – ACTUAL OR CONSTRUCTIVE LOSS – ABANDONED – PARTICULAR – GENERAL – NO-CLAIM BONUS – MALUS – REPLACEMENT – VALUED POLICY – AGREED VALUE – FULL VALUE – FIRST LOSS – INCRESED VALUE – INSURANCE TIME OR INSTITUTE CARGO CLAUSES – SOLATIUM FUND – HIT AND RUN CASES – ARBITRATION
THE INSURANCE MARKET – LIFE AND NON-LIFE INSURERS – REINSURERS – INDIVIDUAL AND CORPORATE AGENTS – BROKERS – SURVEYORS – MEDICAL EXAMINERS – THIRD PARTY ADMINISTRATORS – REGULATOR IRDA – INSURANCE COUNCILS – OMBUDSMEN – EDUCATIONAL INSTITUTES – COUNCILS – TARIFF ADVISORY COMMITTEE.
REGULATIONS – THE INSURANCE ACT, 1938 – INSURANCE REGULATORY AND DEVELOPMENT ACT, 1999 – LIFE INSURANCE CORPORATION ACT, 1956 – GENERAL INSURANCE BUSINESS (NATIONALISATION) ACT, 1972 – CONSUMER PROTECTION ACT, 1986 (COPA) – INCOME TAX ACT – OTHER LAWS
THE INSURANCE CUSTOMER – CUSTOMERS ARE DIFFERENT – DIFFERENT MIND SETS, THEIR SATISFACTIONS – ETHICAL BEHAVIOUR.
RISK MANAGEMENT – AVOIDANCE OR PREVENTION – REDUCTION – RETENTION – TRANSFER – THE TECHNIQUES, SEPARATION – DUPLICATION DIVERSIFICATION – RETENTION AND THE INDIVIDUAL.
APPENDIX – 1 – HISTORY OF INSURANCE – FROM IRDA'S WEBSITE.
Note : There will be 3 objective type of questions. Out of 10 questions, candidate is expected to attempt 8 questions only.
CRK
From India, Vijayawada
Acknowledge(0)
Amend(0)
82Find the new revised syllabus for licentiate examinations -
SUBJECT 01 – PRINCIPLES OF INSURANCE (Common Subject for Life and General)
THE CONCEPTUAL FRAMEWORK – WHAT IS INSURANCE – BRIEF HISTORY OF INSURANCE – PERILS AND RISKS – CLASSIFICATION OF RISKS- HAZARDS – HOW INSURANCE WORKS – CLASSES OF INSURANCE – ASSUMPTIONS – IMPORTANCE OF INSURANCE INDUSTRY.
THE BUSINESS OF INSURANCE – MANAGING RISK RETENTION – LIFE INSURANCE – MANAGING INSURANCE – FUNDS OF AN INSURER – TRUSTEE-REINSURANCE – ROLE OF INSURANCE IN ECONOMIC DEVELOPMENT – INSURANCE AND SOCIAL SECURITY.
THE INSURANCE CONTRACT – UTMOST GOOD FAITH OR UBERRIMA FIDES – INSURABLE INTEREST – INSURER'S INSURABLE INTEREST – CRIMINAL ACTS – INDEMNITY – SUBROGATION AND CONTRIBUTION – PROXIMATE CAUSE – PERSONAL AND NON-PERSONAL CONTRACTS
INSURANCE PRODUCTS – LIFE INSURANCE – SURVIVAL – TERM ASSURANCE – PURE ENDOWMENT – WHOLE LIFE – DOUBLE ENDOWMENT MONEY BACK OR ANTICIAPTED SUPPLEMENTARY BENEFITS – RIDERS – LINKED POLICIES – ANNUITIES – IMMEDIATE ANNUITIES – DEFERRED ANNUITIES – GROUP POLICIES – MASTER POLICY – NON-LIFE INSURANCE – FIRE – LOSS OF PROFITS – MARINE – MARINE CARGO – MARINE HULL – MOTOR – MISCELLANIOUS – PERSONAL ACCIDENT – FIDELITY GUARANTEE – HEALTH – MEDICLAIM – OVERSEAS MEDICAL – LIABILITY – WORKMENS' COMPENSATION – ENGINEERING – BOILER AND PRESSURE PLANT POLICIES – AVIATION – INDUSTRIAL ALL RISKS – OIL AND GAS – SATELLITE OTHER MISCELLANEOUS INSURANCES – BURGELARY – LOSS OF BAGGAGE DURING TRAVEL – HOUSEHOLDER EFFECTS – SHOPKEEPER'S BUSINESS – BANKERS' IMDEMNITY – HORSES – BEES – CATTLE – PLANTATIONS ETC.
INSURANCE TERMINOLOGY – COMMON FOR BOTH LIFE AND NON-LIFE INSURANCE – INSURANCE – INSURER – PROPOSAL – UNDERWRITER – PREMIUM – POLICY – ENDORSEMENT – SUBJECT MATTER OF INSURANCE – SUM ASSURED – TERM – CONDITIONS – PRECEDENT AND SUBSEQUENT – CLAIM – POLICYHOLDER – PREMIUM – RESERVE – CEDED – ACCEPTED – EXPENSE RATIOS – LOSS RATIOS – MORTALITY – LLOYD'S PROTECTION AND INDEMNITY ASSOCIATIONS – WARRANTIES – REPRESENTATION – EX-GRATIA – LIFE INSURANCE – FIRST PREMIUM – RENEWAL – MODE – LIMITED PAYMENT – POLICIES – SINGLE PREMIUM – CONVERTIBLE – DAYS OF GRACE – LAPSE – PAID UP POLICY – REVIVAL – DEFERRED – DEERMENT PERIOD – NOMINATION – ASSIGNMENT – ASSIGNEE – BONUS – WITH PROFIT – PARTICIPATING – NON-PARTICIPATING OR WITHOUT PROFIT – SURRENDER VALUE – NON-LIFE INSURANCE – MARKET AGGREMENTS – COVER NOTES – CERTIFICATES OF INSURANCE – OPEN POLICY – FLOATER – EXCESS – FRANCHISE – CLAIMS – SALVAGE – COINSURANCE – LOSS – TOTAL LOSS – ACTUAL OR CONSTRUCTIVE LOSS – ABANDONED – PARTICULAR – GENERAL – NO-CLAIM BONUS – MALUS – REPLACEMENT – VALUED POLICY – AGREED VALUE – FULL VALUE – FIRST LOSS – INCRESED VALUE – INSURANCE TIME OR INSTITUTE CARGO CLAUSES – SOLATIUM FUND – HIT AND RUN CASES – ARBITRATION
THE INSURANCE MARKET – LIFE AND NON-LIFE INSURERS – REINSURERS – INDIVIDUAL AND CORPORATE AGENTS – BROKERS – SURVEYORS – MEDICAL EXAMINERS – THIRD PARTY ADMINISTRATORS – REGULATOR IRDA – INSURANCE COUNCILS – OMBUDSMEN – EDUCATIONAL INSTITUTES – COUNCILS – TARIFF ADVISORY COMMITTEE.
REGULATIONS – THE INSURANCE ACT, 1938 – INSURANCE REGULATORY AND DEVELOPMENT ACT, 1999 – LIFE INSURANCE CORPORATION ACT, 1956 – GENERAL INSURANCE BUSINESS (NATIONALISATION) ACT, 1972 – CONSUMER PROTECTION ACT, 1986 (COPA) – INCOME TAX ACT – OTHER LAWS
THE INSURANCE CUSTOMER – CUSTOMERS ARE DIFFERENT – DIFFERENT MIND SETS, THEIR SATISFACTIONS – ETHICAL BEHAVIOUR.
RISK MANAGEMENT – AVOIDANCE OR PREVENTION – REDUCTION – RETENTION – TRANSFER – THE TECHNIQUES, SEPARATION – DUPLICATION DIVERSIFICATION – RETENTION AND THE INDIVIDUAL.
APPENDIX – 1 – HISTORY OF INSURANCE – FROM IRDA'S WEBSITE.
Note : There will be 3 objective type of questions. Out of 10 questions, candidate is expected to attempt 8 questions only.
CRK
From India, Vijayawada
Acknowledge(0)Amend(0)
SUBJECT 14 – REGULATION OF INSURANCE BUSINESS (Common Subject for Life & General)
THIS SUBJECT SHALL COVER AT AN ELEMENTARY LEVEL, THE:
- MAIN FUNCTIONS OF IRDA AND LIFE INSURANCE COUNCIL
- AML GUIDELINES
- CONFIDENTIALITY OF INFORMATION: ITS USE, STORAGE AND DISCLOSURE;
- COMPLAINTS-HANDLING PROCEDURES
- MECHANISMS FOR DISPUTE RESOLUTION AVAILABLE TO INSURED AND THE ROLE OF THE OMBUDSMAN.
- IRDA (LICENSING OF INSURANCE AGENTS) REGULATIONS, 2000
- IRDA (PROTECTION OF POLICYHOLDERS' INTERESTS) REGULATION, 2002
- ULIP GUIDELINES
- SEC 38 (ASSIGNMENT) OF INSURANCE ACT, 1938
- SEC 39 (NOMINATION) OF INSURANCE ACT, 1938
- SEC 41 (PROHIBITION OF REBATES) OF INSURANCE ACT, 1938
- SEC 45 OF INSURANCE ACT, 1938
- SEC 64VB OF INSURANCE ACT, 1938
- IRDA (MANNER OF RECEIPT OF PREMIUM) REGULATIONS, 2002
- IRDA (MICRO-INSURANCE REGULATIONS), 2005
Note : There will be 3 objective type of questions. Out of 10 questions, candidate is expected to attempt 8 questions only
CRK
From India, Vijayawada
Acknowledge(0)Amend(0)
THIS SUBJECT SHALL COVER AT AN ELEMENTARY LEVEL, THE:
- MAIN FUNCTIONS OF IRDA AND LIFE INSURANCE COUNCIL
- AML GUIDELINES
- CONFIDENTIALITY OF INFORMATION: ITS USE, STORAGE AND DISCLOSURE;
- COMPLAINTS-HANDLING PROCEDURES
- MECHANISMS FOR DISPUTE RESOLUTION AVAILABLE TO INSURED AND THE ROLE OF THE OMBUDSMAN.
- IRDA (LICENSING OF INSURANCE AGENTS) REGULATIONS, 2000
- IRDA (PROTECTION OF POLICYHOLDERS' INTERESTS) REGULATION, 2002
- ULIP GUIDELINES
- SEC 38 (ASSIGNMENT) OF INSURANCE ACT, 1938
- SEC 39 (NOMINATION) OF INSURANCE ACT, 1938
- SEC 41 (PROHIBITION OF REBATES) OF INSURANCE ACT, 1938
- SEC 45 OF INSURANCE ACT, 1938
- SEC 64VB OF INSURANCE ACT, 1938
- IRDA (MANNER OF RECEIPT OF PREMIUM) REGULATIONS, 2002
- IRDA (MICRO-INSURANCE REGULATIONS), 2005
Note : There will be 3 objective type of questions. Out of 10 questions, candidate is expected to attempt 8 questions only
CRK
From India, Vijayawada
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Employees' State Insurance General Regulations 1950.pdf
Employees' State Insurance General Regulations 1950.doc