PRINCIPLE OF RISK MANAGEMENT AND INSURANCE

About this Course

  • 140 students enrolled
  • 6 instructors

Course Description

This course will define, describe and analyze important concepts in basic risk and insurance principles. Life and general insurance, as well as Takaful principles will be discussed.

Course Learning Outcomes

No information

Course Details

STATUS : Open
DURATION : FLEXIBLE
EFFORT : 2 hours per week
MODE : 100% Online
COURSE LEVEL : Beginner
LANGUAGE : English
CLUSTER : Science & Technology ( ST )

Join this course

 Syllabus

- Definition of Risk and Insurance
- Types of Risk and Insurance
- Methods of Handling Risk
- Basic Characteristics of Insurance
- Requirement of an Insurable Risk

- Meaning of Risk Management
- Objectives of Risk Management
- Steps in the Risk Management

-Insurance Company Operations
-Rate Making and Insurance Pricing
-Underwriting Production
-Claim Settlement
-Reinsurance
-Investment
-Other Insurance Company Functions

- Principle of Indemnity
- Principle of Insurable Interest
- Principle of Subrogation
- Principle of Utmost Good Faith
- Requirement of an Insurance Contract

- Types of Life Insurance Products and Annuity Contracts
- The Main Features of the Malaysian Insurance Market
- The Actuarial Basis of Life Insurance
- Premium Pricing and Calculation

- Types of General Insurance Products
- The Main Features of the Malaysian Insurance Market
- The Actuarial Basis of General Insurance
- Premium Pricing and Calculation

- Islam and Insurance
- Definition and Principles of Takaful
- Takaful Product

Our Instructor

EMMY NURASHIKIN BINTI ISMAIL HASHIM

 Course Instructor
UiTM Kampus Seremban 3

SITI NURASYIKIN BINTI SHAMSUDDIN

 Course Instructor
UiTM Kampus Seremban 3

ANAS BIN FATHUL ARIFFIN

 Course Instructor
UiTM Kampus Arau

DIANA JUNIZA BINTI JUANIS

 Course Instructor
UiTM Kampus Seremban 3

MUHAMMAD HILMI BIN SAMIAN

 Course Instructor
UiTM Kampus Seremban 3

 Frequently Asked Questions

A1 : No need as this course is for beginner with no specific background. Anyone can learn from this course.