Curriculum
Section 1: General Insurance Underwriting
1 Introduction To Underwriting
2 Purpose and objective of underwriting
3 Objective of Underwriting
4 Underwriting Process
5 Function of Underwriting
6 Retention and Reinsurance
7 How Insurance Premiums are set
8 Types of Underwriters
9 Life and health Insurance Underwriters
10 Underwriting Decisions
11 Determining Rates
12 Monitoring Underwriting Decisions
13 Underwriting Of New Business And New Business Procedures
14 Scrutiny Of Insurance Application
15 Limits Of Acceptance
16 Acceptance Subject To Controlling Office Approval
17 Acceptance Of Extra Hazardous Risk
18 Underwriting Renewal Business
18 Introduction to Rate making 1_Part 01
19 Introduction to Rate making 1_Part 02
20 Introduction to Rate Making 2_Part 01
21 Introduction to Rate Making 2_Part 02
22 Data Mining in Rate Making_Part 01
23 Data Mining in Rate Making_Part 02
24 Loading Factors
25 What is Rate Making_Part 01
26 What is Rate Making_Part 02
27 Rate Making Approaches_Part 01
28 Rate Making Approaches_Part 02
29 Projected Ultimate Loss_Part 01
30 Projected Ultimate Loss_Part 02
31 Recognition of losses
32 Individual Risk Rating_Part 01
33 Individual Risk Rating_Part 02
34 Goals of Regulatory Supervision of Insurance Business-1_Part 01
35 Goals of Regulatory Supervision of Insurance Business-1_Part 02
36 Duties, powers and functions of IRDAI-1
37 Guidelines on File and Use requirements for General Insurance Products-1_Part 01
38 Guidelines on File and Use requirements for General Insurance Products-1_Part 02
39 Filing of Insurance Products-1_Part 01
40 Filing of Insurance Products-1_Part 02
41 IRDA’s right to question terms and issue directions and Forms of Filing (A to D) -1_Part 01
42 IRDA’s right to question terms and issue directions and Forms of Filing (A to D) -1_Part 02
43 Board Approval of Underwriting Policy Part-1
44 Board Approval of Underwriting Policy Part-2
45 Responsibility of Compliance_Part 01
46 Responsibility of Compliance_Part 02
47 Classification of Products_Part 01
48 Classification of Products_Part 02
49 Documents required to be filed and Data Support Part-1
50 Documents required to be filed and Data Support Part-2
51 Grievance Redressal Guidelines part_1
52 Grievance Redressal Guidelines part_2
53 Elements of Grievance redressal part_1
54 Elements of Grievance redressal part_2
55 Risk Management 1
56 Steps of Risk Management Part-1
57 Steps of Risk Management Part-2
58 Risk Assessment Part-1
59 Risk Assessment Part-2
60 Documents – Prospectus and Proposal Form part-1
61 Documents – Prospectus and Proposal Form part-2
62 Documents – Cover note and Policy Form Part-1
63 Documents – Cover note and Policy Form Part-2
64 Schedule and Conditions – Implied and Express Part-1
65 Schedule and Conditions – Implied and Express Part-2
66 Endorsements Part-1
67 Endorsements Part-2
68 Claim Forms Part-1
69 Claim Forms Part-2
70 Reinsurance Part-1
71 Reinsurance Part-2
72 Deductibles
73 Classification of General Insurance Products Part-1
74 Classification of General Insurance Products Part-2
75 Property Insurance Fire Insurance part-1
76 Property Insurance Fire Insurance part-2
77 Engineering Insurance Project Insurance Part-1
78 Engineering Insurance Project Insurance Part-2
79 Marine Insurance Part-1
80 Marine Insurance Part-2
81 Liability Insurance Part-1
82 Liability Insurance Part-2
83 Liability Insurance Part-3
84 Personal Insurance Part-1
85 Personal Insurance Part-2
86 Personal Accident Insurance Part-1
87 Personal Accident Insurance Part-2
88 Protection of Policyholders Interest – Point of sale Part-1
89 Protection of Policyholders Interest – Point of sale Part-2
90 Proposal of Insurance Part-1
91 Proposal of Insurance Part-2
92 Grievance Redressal Procedure Part-1
93 Grievance Redressal Procedure Part-2
94 Turn around Time Part-1
95 Turn around Time Part-2
96 Matters to be stated in General Insurance Part-1
97 Matters to be stated in General Insurance Part-2
98 Claims Procedure vide Protection of Policyholder’s Interest Act 2002 Part-1
99 Claims Procedure vide Protection of Policyholder’s Interest Act 2002 Part-2
100 IT Applications in Insurance Introduction part-1
101 IT Applications in Insurance Introduction part-2
102 General Insurance Applications Part-1
103 General Insurance Applications Part-2
104 Front Office System In the General Insurance Industry Part-1
105 Front Office System In the General Insurance Industry Part-2
Section 2:Risk Analysis and Insurance Planning
106 Introduction to Money Concepts
107 Introduction to Money Concepts continued
108 Basics of Banking and Types of Accounts
109 What is a Cheque
110 Details of cheque, DD and ATM
111 Details of Credit Card
112 Details of Internet Banking
113 Introduction to Financial Planning
114 Power of Compounding
115 Inflation
116 Time Value of Money
117 Cash Flow & Budgeting
118 Cash Flow & Budgeting continued
119 Debt management
120 Introduction to Risk in Insurance Planning
121 Comprehensive Insurance Planning
122 Comprehensive Insurance Planning continued
123 Breakup of Insurance Premium
124 > Writing of Financial Goals
125 Concepts of Shares explained
126 Asset Allocation
127 Asset Allocation continued
128 Mutual Funds and its advantages
129 Types of Mutual Fund
130 Real Estate and Cash Investments
131 Understanding Small Saving Schemes
132 Understanding Small Saving Schemes continued
133 Debt Mutual Funds – types and features
134 Basics of Taxation
135 Components of Salary and Income from House Property
136 Categories apart from Salary and Income from House Property
137 Tax Collection
138 Retirement Planning
139 Retirement Planning – Need in India
140 Estate Planning
141 Concept of Will
142 Estate Planning tools in detail
143 Concept of Mortgage
144 Ways of taking title to Property
145 Behavioural Finance
146 Time Value of Money explained
147 Annuity
148 Nominal, Periodic and Effective Annual Return
149 Amortization Concept
150 Practical examples on Amortisation Concept
151 Excel Functions to explain Future Value
152 Excel Functions to explain Future Value continued
153 Excel Functions to explain Present Value
154 Excel Functions to explain Annuities
155 Excel Functions to explain Perpetuity
156 Excel Functions to explain Amortization
157 Revision of Time Value of Money concepts
158 Revision of Time Value of Money concepts continued
159 More revision on Time Value of money
160 Capital Revenue Expenses
161 Balance Sheet Asset Side
162 Balance Sheet Liability Side
163 Valuation of Assets and Ratio Analysis
164 Overview of Financial Planning
165 Risk Analyser Part 1
166 Risk Analyser Part 2
167 Practical Issues
168 Practical Asset allocation
169 Practical Asset allocation continued
170 Details of Medical Insurance
171 Risk and Liability
172 New Pension Scheme Introduction
173 New Pension Scheme Details
174 Theory Question Part 1
175 Theory Question Part 2
176 Theory Question Part 3
177 Theory Question Part 4
178 Theory Question Part 5
179 Theory Question Part 6
180 Theory Question Part 7
181 Theory Question Part 8
182 Theory Question Part 9
183 Insurance Problem Part 1
184 Insurance Problem Part 2
185 Insurance Problem Part 3
186 Insurance Problem Part 4
187 Insurance Problem Part 5
188 Principles of Insurance
189 Life Insurance – History and Evolution
190 Risk Management Techniques
191 Key Term Part 1
192 Key Term Part 2
193 Key Term Part 3
194 Key Term Part 4
195 What Life Insurance Involves
196 Legal Principles of Life Insurance
197 Insurable Interest and Proximate Course
198 Question and Answer
199 Financial Planing
200 Insurance Planing Part 1
201 Insurance Planing Part 2
202 Insurance Planing Part 3
203 Life Insurance Products Part 1
204 Life Insurance Products Part 2
205 Life Insurance Products Question and Answer
206 Fund Choice
207 Unit Linked Insurance Plans Explained with Multiple Choice Question
208 Health Insurance Explained with Multiple Choice Question
209 Important Insurance Terms Explained with Multiple Choice Question
210 Disability Insurance Explained with Multiple Choice Question
211 Underwriting Concept and Methodology Explained
212 The Concept of Rate Making and Methods Used
213 The Concept of Rate Making for Decision Making Purposes
214 Multiple Choice Question on Underwriting and Rate Making
215 The Concept of Pension and Annuity Explained
216 Common Pension Terms Explained
217 Multiple Choice Question on Pension and Annuity
218 Life Insurance Selection Process
219 Multiple Choice Question on Pricing and Valuation in Life Insurance Part 1
220 Multiple Choice Question on Pricing and Valuation in Life Insurance Part 2
221 Application of Life Insurance
222 Claim and Regulation
223 Grievance Redressal
224 Life Insurance Selling
Section 3: Principles & Practices of Insurance
225 What is insurance
226 Insurable interest & Utmost good faith
227 Indemnity & Subrogation
228 Contribution
229 Proximate cause
230 Classification of risk & Risk management tools
231 Classification of loss & Handling of risk
232 CAPORT and FAPR and DOH and CRFEPand PLE
233 PR and PPAOP and DBGIRALIR and FAUPOI and TR
234 WTATRON and PHIGI
235 PHILI and MH
236 HPHAAFUILI and HPHAAFUBGI
237 D and FOSAASI and MP
238 UDHBOC and TWTICSWACIR and CIACF and AOSASR
239 CDAD and AAPOI and AAMOI and SANSC and RFTIICODOCAQD
240 Life insurance are benefit policies
241 verification in respect of all types of claims
242 Maturity claims
243 Death claims
244 factors commonto death and maturity claims and DUR
245 IRDA and CP and IC
246 ITPIB and IEAT and SS
247 IITDFGT and RFWOand CLIHIGS
248 TICTAP and IIP and RIGM
