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
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.