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Insurance and risk management December 2023

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Description

Assignment Sample Solution: Insurance and risk management June 2023

NMIM$ Global Access

School for Continuing Education (NGA-SCE)

Course: Insurance and risk management December 2023

Internal Assignment Applicable for December 2023 Examination

1. Whenever any Human being as insured opts for any kind of Insurance Cover from Insurer as Insurance Company, what could be the most important features/ principles for Insurance Contract?
(10 Marks)

2. Apart from the Life Insurance, what could be other Facets of Insurance seen in General Society?
Elaborate the common benchmarks. (10 Marks)

3. a.) How the Risk Management process can be more advantageous for Human as well as for Organization? Explain from Risk Management paradigm point of view (5 Marks)

3. b) How an Insurance Function can be elaborated as Production cum Marketing Agency?
Elaborate the views. (5 Marks)

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