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CIP 011 Principles and Practice of Insurance

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This CIP 011 Principles and Practice of Insurance course introduces the idea of risk and shows insurance deals with risk, however. Students examine the essential ideas and language of insurance, the legal context of insurance and, the participants within the trade and their relationship to every alternative. The principles coated during this course underlie each scenario encountered in insurance, and each policy and course studied after.

Course objectives:

1. Handling risk and the way insurance responds to that.

2. Look concisely at a number of the law that deals with insurance.

3. Introduce several of the terms and practices normally encountered within the business.

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