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Fundamentals of Insurance 
offered by MKU

  • A++ NAAC accredited
  • State University
  • Estd. 1966

Fundamentals of Insurance
 at 
MKU 
Overview

Equip you with the knowledge to assess your personal and financial risks and choose appropriate insurance

Duration

12 weeks

Start from

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Total fee

Free

Mode of learning

Online

Official Website

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Credential

Certificate

Fundamentals of Insurance
 at 
MKU 
Highlights

  • Earn a certificate from Madurai Kamaraj University
  • Learn from industry experts
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Fundamentals of Insurance
 at 
MKU 
Course details

Skills you will learn
Who should do this course?
  • People interested in pursuing careers in insurance sales, underwriting, claims adjusting, or other insurance-related fields would find this course valuable as a starting point
  • Individuals working in finance, banking, or real estate might find this course helpful to gain a broader understanding of how insurance interacts with their field
What are the course deliverables?
  • Grasp the core concepts of risk and insurance
  • Explain the different types of insurance
  • Analyze the structure of the insurance industry
  • Identify the key components of an insurance policy
  • Evaluate your insurance needs
  • Understand the regulatory environment
More about this course
  • Insurance is mandatory in the prevailing risky environment. Insurance provides economic protection to the individual and business concern
  • Insurance gives financial protection to the insured against the unexpected losses
  • Insurance density and penetration of India is low, because the awareness of insurance among the people is very less
  • Creating awareness and importance of insurance in the student hood will create a transformation
  • This course will help to create a considerable impact in the student mind

Fundamentals of Insurance
 at 
MKU 
Curriculum

Week - I

Risk and Insurance

Features and Function of Insurance

Principles of Insurance

Week - II

Basics of Life Insurance

Principles of Insurance for Life

Week - III

Types of Policies for Life

Policy Conditions for Life Insurance

General Insurance

Week - IV

Fire Insurance - Origin and Nature

Principles of Fire Insurance

Types of Fire Insurance Policies

Week - V

Policy Conditions for Fire Insurance

Basics of Marine Insurance

Principles of Marine Insurance

Week - VI

Types of Marine Insurance Policies

Marine Insurance Clauses and Policy Conditions

Basics of Health Insurance

Week - VII

Health care and Health Insurance

Health Insurance Plans

Health Insurance - Policy Procedure

Week - VIII

Health Insurance - Third Party Administrators

Health Insurance - Claim Procedure

Motor Insurance

Week - IX

Miscellaneous Insurance - (Business and Personal Package)

Miscellaneous Insurance - (Industrial, Engineering and Rural)

Re Insurance

Week - X

Annuity and surrender value

Insurance Regulatory and Development Authority of India(IRDAI)

Week - XI

Legal dimensions of Insurance

Insurance Marketing

Week - XII

Indian insurance market

Conclusion

Fundamentals of Insurance
 at 
MKU 
Admission Process

    Important Dates

    May 31, 2024
    Course Commencement Date
    May 14, 2023
    Last date of application

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    Fundamentals of Insurance
     at 
    MKU 
     
    Frequently Asked Questions

    Q:   Is there any entrance exam at Kamaraj University?

    A: 

    Admission to the undergraduate programmes at Madurai Kamaraj University is given on merit basis, whereas the postgraduate programs require candidates to qualify for the university-level entrance examination. Also, a few courses may require you to attend group discussions & personal interviews conducted by the university.

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    Q:   Does Madurai Kamaraj University offer placements?

    A: 

    Yes, the University provides placement opportunities. The University has released the NIRF report 2024. According to the report, 226 PG 2-years and 17 PG 5-years students were placed during Madurai Kamaraj University placements 2023. Further, the median package offered to PG 2-years and PG 5-years students during Madurai Kamaraj University placements 2023 was INR 2.55 LPA and INR 1.80 LPA, respectively.

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    Q:   Does Madurai Kamaraj University provide scholarships?

    A: 

    Madurai Kamaraj University provides scholarships to both national as well as international students. A total of 21 scholarships are offered by Madurai Kamaraj University. The list of Madurai Kamaraj University National scholarships is mentioned in the below table:

    Scholarships for Indian Scholars

    ICSSR

    ICHR

    ICSSR – Post Doctoral Fellowship

    UGC – JRF / SRF Fellowship

    UGC – Non-net Fellowship

    CSIR

    Lady Tata Memorial Trust Fellowship

    INSPIRE Fellowship

    Rajiv Gandhi National Fellowship (RGNF)

    Post- Metric Scholarship

    PhD Fellowship

    Karnataka Government Post Metric Scholarship

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    Q:   Who is eligible for MSc at Madurai Kamaraj University?

    A: 

    Students must possess a relevant bachelor’s degree from any recognized college, for admission to the MSc Psychology course in Madurai Kamaraj University. Furthermore, candidates must possess a bachelor’s degree with at least 55% aggregated marks to qualify for admission.

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    Q:   How can I join Madurai Kamaraj University?

    A: 

    To join Madurai Kamaraj University, you must first see the eligibility criteria for your programme, i.e., 10+2+3… for P.G. etc. courses. To begin with, go to the official website of the university after which complete the application form online. Finally, upload the required documents and pay the registration fee, unless exempted. For entrance-based programmes, please appear for the entrance test in the mentioned centres as your selection will be based on the entrance test and academic performances. After checking the results, check the selection list of the University and get ready for document verification and fee payment. Detailed and accurate information should not create any problems during the process.

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    Fundamentals of Insurance
     at 
    MKU 

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