Diploma Course in Insurance Management

The Guru Nanak Dev University's Faculty of Economics and Business offers Diploma Course in Insurance Management course to its students. The course structure for it is as follows:

Part - I
Introduction of Insurance, Salient features of IRDA Act. 1999, Rationale for opening up of the
Insurance sector to the private sector Nature of Life Insurance Contract,, Annuities, Surrender Value.
Calculation of Premium and Measurement of Risk, Progress of Life Insurance business in India.
Fire Insurance: –Nature and use, Policy conditions, Rate fixation, Payment of claims,
Reinsurance, Double Insurance.

Part - II
Marine Insurance:-Nature, Premium Calculation, Types of Policies, Payment of claims.
Introductions of GIC.
Computers Fundamentals, Applications of Computers in Business and Corporate environment,
Input and output devices, Data storage devices, Operating Systems and its functions.
Internet:- Introductions, its working premium use of Internet, Services Offered by internet, Email,
Search engines.