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The book has been organised into five modules: Module 1 introduces the concept of risk management to the readers. Chapter 1 conceptualises the risk definitions, classes of risk and the methods of handling risk and the role and importance contracts. It attempts to provide an overall view of the risk management and control systems. Chapter 2 discusses the various principles underlying insurance contracts. Chapter 3 discusses the IRDA Act, of 1999 and the regulations framed thereunder. Module 2 discusses the various facets of life insurance. Chapter 4 contains the basic of life insurance. Chapter 5 explains the product development processes. Chapter5-8 deals with the life insurance besiness, the practical aspects of selection and treatment of risk, pricing, claims, the players and products and life insurance agency business. Module 3 and 4 discuses the dominant, standard non-life insurance categories, viz, and fir and marine. Chapter 9 discusses the various marine insurance products, maritime frauds and claims settlements. Chapter 10 talks about the fire insurance contracts various fire policies pricing and claims settlement procedures. Module 5 deals with various non-traditional urban insurances including the burglary and personal accident insurance and also reinsurance. Chapter 11,12 and 13 respectively discuss the reinsurance business, health business and motor and miscellaneous insurance respectively. Contents : Module I Chapter-1: Introduction to Insurance Chapter-2: Principles of Insurance Chapter-3: Basic Insurance Law Module II Chapter-4: Introduction to Life Insurance Chapter-5: Product Development Chapter-6: Life Insurance-Risk Chapter-7: Assignment of Life Policies Module III Chapter-8: Life Insurance Claims Module IV Chapter-9: Maritime Losses and Claims Insurance Module V Chapter-10: Fire Inurance Chapter-11: Reinsurance Chapter-12: Health Insurance Chapter-13: Motor Miscellaneous Insurance
