BCOM209 Insurance Management GGSIPU B.Com 3rd Sem NEP 2025-26 Notes

Unit 1 [Book]
Understanding Risk: Types of Risk, Risk Management, Objectives, Risk identification and Measurement VIEW
Pooling Arrangements and Diversification of Risk VIEW
Behavioral Aspects of Risk: Economics of Risk and Uncertainty, Risk Assessment Techniques and Mitigation Strategies VIEW
Insurable Risks VIEW
Unit 2 [Book]
Meaning, Definition, Features, Functions and Basic Principles of Insurance VIEW
Evolution of Insurance VIEW
Insurance Organization in India VIEW
Insurance Act 1938 (as Amended) VIEW
Insurance Regulatory and Development Act. 1999 VIEW
An Overview Insurance Sector Reforms VIEW
Nationalization of Life and General Insurance Business VIEW
Insurance as a Social Security Tool VIEW
Re-insurance, Meaning, Purpose, Types VIEW
Micro insurance VIEW
Unit 3 [Book]
Life Insurance, Essentials of an Insurance Contract, Types of Life Insurance Policies VIEW
Government Schemes in Life Insurance Sector VIEW
General Insurance: Essentials of a General Insurance Contract, Types of General Insurance Products such as Motor, Fire, Marine, Health, Agriculture, Cyber Insurance, Weather Insurance, Travel Insurance, etc. VIEW
Government Schemes in General Insurance Sector VIEW
Insurance intermediaries: Brokers, Agents, Ombudsman, Bancassurance, TPAs, Actuaries their Role VIEW
Recent Development of Insurance Sector VIEW
Cyber insurance VIEW
Role of AI in insurance VIEW
Insurance Portability VIEW
e-insurance Policy VIEW
Insurance Repositories VIEW
InsurTech innovations VIEW
Different Types of Forms in General Insurance VIEW
Unit 4 [Book]  
Policy Claims: Types of Claims in Life and General Insurance VIEW
Claim Settlement process in Life and General Insurance VIEW
Problems in Claim Settlement VIEW
Consumer Protection Act 1986 (amended in 2019) relating to Life Insurance and General Insurance Claims, Insurance Grievance Redressal Mechanisms VIEW
Role of Insurance Ombudsman VIEW
Cashless claim Procedures in Health Insurance VIEW
Insurance Frauds in India VIEW

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