Fundamental Principles of Insurance
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Duration in Hrs1 Hrs 45 Mins
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InstructorMr. Kishor Bhatt
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Number of Chapters3
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Number of Resources1
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Exams1
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Validity of the course
after enrollment3 Months -
Certificate of completionYes
A few more words about this course
This course describes the Fundamental Principle of
Insurance - what is Insurance, why Insurance is important and the Acts
governing Insurance business. There are fundamental elements of Insurance such
as Utmost good faith, Indemnity, Insurable Interest, Causa Proxima, Risk must
attached, Mitigation of loss, Contributions, Subrogation, Loss minimization and
law of large numbers, which is explained here. It also describes about the
charging assets.
Mr. Kishor Bhatt
Instructor
About INSTRUCTOR
Mr. Kishor Bhatt is a retired Bank Executive from Bank of
Baroda with a sound experience of more than 53 years. He is a Chartered Member
of The Chartered Institute of Logistics and Transport, London, and at present working
as a consultant in International Business, organizing training programmes in
International Business for the bankers, customers, students, giving lectures in
International Business, conducts training programmes for C.A.; L.L.B., examinations
and has organized Foreign Exchange Bourse programs.