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

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

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

Legal Principles in Insurance Contracts
- Principle of Indemnity
- Principle of Insurable Interest
- Principle of Subrogation
- Principle of Utmost Good Faith
- Requirement of an Insurance Contract

Fundamental of Life Insurance and Life Annuities
- 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

Fundamental of General Insurance
- Types of General Insurance Products
- The Main Features of the Malaysian Insurance Market
- The Actuarial Basis of General Insurance

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

Q1 : Do we need any basic knowledge of insurance to start this course?
A1 : No. You do not need basic knowledge to start learning this course as this course is for beginners with no specific background.

Q2 : Do we need to take Actuarial Science program to learn this course?
A2 : No. Anyone can learn this course.