- Definition of insurance
- How insurance works
- Two concepts
- Insurance Act
- Insurance regulatory and development authority
- Insurance advertisement and disclosure regulations
- Protection of policyholders interest regulations
- Third-party administrators - health insurance
Insurance and Risk Management
Develop your expertise with different aspects of insurance products & knowledge of risks associated to understand the investment possibilities in this course.
Online
6 Months
₹ 11,800
Inclusive of GST
Quick facts
particular | details | |||
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Collaborators
TCS
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Medium of instructions
English
|
Mode of learning
Self study, Virtual Classroom
|
Mode of Delivery
Video and Text Based
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number of course credit
6
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Course overview
The Insurance and Risk Management online certification course is provided by the TCS iON digital learning hub for the students who wish to learn about the nuances involved in the insurance principles for effective risk management. The learners of this course will discuss the concepts of premiums, claims, and the different procedures of insurance management. The TCS iON industry honors certificate program is conducted for five to six months.
The course study is guided by the academic mentor, Sumithra Ramesh(SRGA and Associates), and the industry professional, Pruthviraj Desai(Faculty and Trainer of BFSI). The participants of this online program are engaged with the virtual learning environment enabled with online resources, digital lectures, tutorials, practicals, and other methodologies to gain perspectives of the insurance industry. The Insurance and Risk Management certification training issues digital certificates for qualifying students at the end of the program while enabling them to earn six credit points.
The highlights
- Online course
- Six months program
- Six credits
- English medium
- Mentors
- Internship
- Job assistance
- Digital certificate
Program offerings
- Online resources
- Digital lectures
- Online tutorials
- Practicals
- Academic connect community
- Industry connect community
- Practice assessments
- Summative assessment
- Assignments
- Credit points
- Digital certificates
Course and certificate fees
Fees information
The ‘Insurance and Risk Management’ certification fee should be paid after course registration to get access to the course classes.
Insurance and Risk Management fee structure
Program Fee | Rs 11,800 |
certificate availability
certificate providing authority
Eligibility criteria
The students interested in applying for the ‘Insurance and Risk Management’ course are required to have knowledge of the concepts of Commerce.
Certificate qualifying details
The students of the ‘Insurance and Risk Management’ online course will receive the certificate after completion of the course fulfilling the following criteria,
In the summative assessment, students should score equal to or more than 40% in part A, equal to or more than 50% in part B with a final average of 50% to get the certificate of achievement.
Students who don’t take the summative assessment but manage to complete the course, assignments, and practice assessments can receive the participation certificate.
What you will learn
The Insurance and Risk Management certification syllabus helps the students acquire a detailed understanding of the fundamentals of insurance, processes involved in insurance policies and claims, the risks and challenges associated with insurance, and the investment possibilities. It gives the learners knowledge of insurance products while discussing the mandatory products and non-mandatory products, and the strategies to understand insurance contracts with the techniques of risk management.
Who it is for
The ‘Insurance and Risk Management’ online certification is developed for the commerce students and bank and insurance executives such as bank managers, bank clerks, insurance agents, and insurance analysts.
Admission details
The course registration for the ‘Insurance and Risk Management’ by TCS iON digital learning hub is done online through the website.
Step 1: Get to the course page using the link,
https://learning.tcsionhub.in/courses/industry-honour-certification/insurance-and-risk-management/
Step 2: Choose the ‘Activate Now’ link.
Step 3: Enter the required details and create the account.
Step 4: Follow the instructions to join the program.
Filling the form
The students of the ‘Insurance and Risk Management’ online training can apply for the course by signing in to the course account by entering their name, email address, and phone number.
The syllabus
Introduction to Insurance
Fundamentals of Risk Management
- Definition of risk
- Classification of risks
- Definition of risk management
- Stages of risk management
Insurance Contract, Terminology, Elements and Principles
- Introduction
- Contract terminology
- Elements of a valid contract
- Distinguishing characteristics of insurance contracts
- Common clauses and sections in an insurance contract
General Insurance
- Classification of insurance
- Classification of non-life insurance
- Types of property insurance
Personal and Liability Insurance
- Personal insurance
- Mediclaim policy
- Group mediclaim policy
- Personal accident insurance and travel insurance
- Liability insurance
- Employers' liability insurance
- Public liability insurance and unemployment insurance
- Professional indemnity insurance
- Product liability insurance
Financial Planning and Life Insurance
- Term insurance
- Types of term life insurance
- Whole life insurance
- Endowment policy
- Child insurance policy
- Annuities
- Group insurance
- Industrial life assurance
- Life insurance premium and tax benefits
Insurance Intermediaries
- Introduction
- Individual and institutional agents
- Broking regulations
- Indian insurance market
Evaluation process
The students of this certification program are required to pass the summative assessment to get the ‘Insurance and Risk Management’ certificate of achievement.
How it helps
The Insurance and Risk Management certification enables students to gain competence to understand the details of insurance management and to determine the challenges and risks associated with insurance products and policies. The certification helps the students get possibilities for internships and jobs.
FAQs
The certification is provided by the TCS iON digital learning hub.
The applicants should have a background in commerce.
The online program is designed for Six months.
The course is guided by academic and industrial experts Pruthviraj Desai(Faculty and Trainer of BFSI) and Sumithra Ramesh(SRGA and Associates).
You can get the certificate of participation after completing the program, assignments, and practice assessments.