Principles of Insurance
What this subject covers
Lesson topics
- Meaning and Nature of Insurance
- History and Development of Insurance
- Importance of Insurance
- Functions of Insurance
- Principles of Insurance
- Insurable Interest
- Utmost Good Faith
- Indemnity
- Subrogation
- Contribution
- Proximate Cause
- Risk and Uncertainty
- Pure and Speculative Risk
- Perils and Hazards
- Risk Pooling
- Insurance Contracts
- Types of Insurance
- Life and General Insurance
- Personal and Commercial Insurance
- Compulsory and Voluntary Insurance
- Insurance Intermediaries
- Insurers and Policyholders
- Insurance Markets
- Benefits and Limitations of Insurance
- The Role of Insurance in Economic Development
CPD advantage: Completing this subject may qualify for Continuous Professional Development (CPD) points with your professional body — check with them for recognition.
Fees
Course fee
K450.00
Assessment fee
Included — no extra charge
Total amount to pay
K450.00
25 lesson topics · 25 assessment questions · Pass mark: 95%
Remember: you must apply for a minimum of 2 subjects in total.
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