General Insurance: Basic Concepts
Insurance
IC & Managers
60 MinsOverview
General insurance is a protection for your assets against all types of risks and unforeseen incident. Unforeseen incidents can refer to natural calamities such as earthquakes and floods. It also includes loss of property arising from larceny and theft.
Topics
This module will cover the following topics:
- Insurance—An Overview
- Insurance—Benefits and Process
- How Insurance Works
- Key Insurance Terms
- Regulatory Framework in India
Objectives
In this module, we will discuss various aspects of general insurance such as the fundamentals of insurance and types of general insurance plans. The course will be presented as a structured framework with reference to real-time scenarios.
By the end of this module, you will be able to:
- Recognize the need for insurance
- Explain what insurance is
- Describe the key benefits and processes of insurance
- Explain basic general insurance concepts
- Discuss the regulatory framework for the general insurance business in India
Interested in this module?
You can avail of this module with the Compliance bouquet. It can be purchased as part of an Individual or Enterprise plan. Sign up for a demo now!
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