Law of Insurance
University of Mumbai · B.L.S. Semester 10 · 4 modules · 24 topics · 24 written.
Module 1 — Introduction
Module 2 — Insurance Regulatory Framework in India
- 2.1 Insurance Regulatory and Development Authority (IRDA) Act, 1999, IRDAI, its functions, role, structure
- 2.2 Nationalization, Privatization and Globalization of Insurance Secto
- 2.3 Insurance pertaining to Life and Personal Accidents, Hospitalization
- 2.4 Life Insurance — Nature, Principles and Scope Events insured against life, life insurance
- 2.5 Motor Vehicles Act, 1988, Salient features, (Chapter — VIII), Nature and Scope, persons
Module 3 — Non-Life General Insurance
- 3.1 Marine Insurance: Nature and Scope — Classification of Marine policies — The salient features of the Marine Insurance Act, 1963, Insurable interest, Insurable value, Seaworthiness, Hull and Cargo Insurance
- 3.2 Marine Insurance policy, Conditions and express Warranties, Voyage Deviation, Perils of sea, Loss — Kinds of Loss of ship and of freight
- 3.3 Property Insurance: Policies covering risk of explosion, earthquake, and flood. Policies covering accidental loss, damage to property, construction risks
- 3.4 Burglary, Theft, Civil Commotion and Strikes, other Endorsements
- 3.5 Fire Insurance: Nature and scope of Fire Insurance — Basic Principles — Conditions & Warranties, Right & Duties of Parties, Claims and other
Module 4 — Social Insurance in India
- 4.1 Social Insurance: Meaning, Scope, Characteristics, Need and Limitations
- 4.2 Agriculture Insurance, Crop Insurance in India, Crop
- 4.3 Public Liability Insurance: Public Liability Insurance Act, 1991 (An Overview) Claims, Role of Consumer courts and Insurance Ombudsman
- 4.4 Insurance schemes for sick, infirm, old, labour, premature
- 4.5 Unemployment Insurance, Insurance for special category of persons like, Circus workers, seamen etc
- 4.6 Professional Negligence Insurance, impact of Contributory Negligence
- 4.7 Compulsory Insurance Relevant Statutes
- 4.8 Insurance Act, 1938
- 4.9 The Marine Insurance Act, 1963
- 4.10 General Insurance (Business) (Nationalization) Act, 1972
- 4.11 The Life Insurance Corporation Act, 1956
- 4.12 Motor Vehicle Act, 1988
- 4.13 Public Liability Insurance Act, 1991