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Principles and Practice of Insurance is a wide and diverse subject. In view of the increasing scope of Insurance, it is essential to acquire a general basic knowledge of the insurance business as a whole and this should certainly be the first step to be taken by the new entrant with an insurance career ahead of him. Because of its increasing insurance, it has become a special subject of study in Commerce and Management courses in many universities in India. This book entitled 'Principles and Practice of insurance', provides a detailed coverage of Risk Management, General Insurance, Life Insurance, Fire insurance and Marine insurance in a comprehensive way, keeping mainly the interest of the undergraduate and post graduate students of Commerce and Management in view. Contents : 1. Nature and Scope of Risk Management 2. Method of Handling Risk 3. Management of Risk 4. Nature of Insurance Business 5. Reinsurance 6. Privatisation of Insurance Business in India 7. Classification of Insurance 8. Principles of Contract of Insurance 9. Insurance Documents 10. Life Insurance 11. Classification of Life Insurance Policies 12. Assignment of Life Policies 13. Life insurance Corporation of India (LIC) 14. Marketing of Life Insurance 15. World Life Insurance Market 16. LIC Financial Services 17. Role of Development Officer 18. Role of Insurance Agents 19. General Insurance Business and Role of GIC 20. Nature of Marine Insurance Contract 21. Kinds of Marine Insurance Policies 22. Impprtant clauses in Marine Policy 23. Marine Losses and Abandonment 24. Nature of Fire Insurance Contract 25. Types of Fire Policies 26. Fire Insurance Claims 27. Miscellaneous Insurance 28. National Agricultural Insurance Schemes 29. Fidelity Guarantee Insurance 30. Property Insurance 31. Motor Vehicle Insurance 32. Health Insurance 33. Cattle Insurance and Engineering Insurance 34. Public Liability Insurance 35. Insurance Regulatory and Development Authority (IRDA)
