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Fundamentals of Insurance 
offered by MKU

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

Fundamentals of Insurance

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


12 weeks

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Total fee


Mode of learning


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Fundamentals of Insurance

  • Earn a certificate from Madurai Kamaraj University
  • Learn from industry experts
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Fundamentals of Insurance
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

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


Fundamentals of Insurance
Admission Process

    Important Dates

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

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    Fundamentals of Insurance

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