Insurance Notes for APFC Exam

Description

Insurance for APFC Exam

Content is:

• Definition of Insurance. 2
• Nature of insurance. 2
• Functions of Insurance. 2
• Principles of Insurance. 3
• Kinds of Insurance. 3
• Life Insurance. 3
• General Insurance. 4
• Social Insurance. 4
• Property insurance and liability insurance. 5
• History of Insurance in India. 5
• Evolution of Insurance in India. 6
• Types of Insurance Organisations. 7
• Self-Insurance. 7
• Individual Insurer. 7
• Partnership firm.. 7
• Joint Stock Companies. 8
• Mutual Companies. 9
• Co-operative Insurance Organisation. 10
• Lloyd’s Association. 11
• Insurance Organisation in India. 12
• Departmental Organisation. 12
• Corporations. 12
• Government Companies. 15
• Role and Importance of Insurance. 15