Curriculum and Syllabus for Classes XI & XII
Insurance
CLASS XI
| One Paper |
3 Hours |
100 Marks |
| Units |
Unitwise Weightage |
Marks |
| 1. |
Introduction |
15 |
| 2. |
Contract of Insurance |
20 |
| 3. |
Fundamental Principles of Insurance |
30 |
| 4. |
Kinds of Contract |
15 |
| 5. |
Underwriting of Insurance |
5 |
| 6. |
Claims |
5 |
| 7. |
Salesmaship and Services |
10 |
Units
| 1. |
Introduction |
15 Marks |
| |
(a) Risks |
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(b) Concept of risks |
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(c) Classification of risks |
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(d) Method of handling risks |
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(c) Risk and insurance |
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(f) Functions of insurance |
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(g) Scope Of insurance |
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(h) Brief history of life, fire and marine |
|
| 2. |
Contract of Insurance |
20 Marks |
| |
(a) Definition |
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(b) Essentials |
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(c) Kinds of insurance contract |
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(d) Types of Insurance organisation in India |
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| 3. |
Fundamental Principles of Insurance |
30 Marks |
| |
(a) Basic Principles ; -Utmost good faith |
|
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-Insurable Interest
-Indemnity
-Subrogation
-Contribution
-Causa Proxirna |
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(b) Co-insurance |
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(c) Re-insurance |
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(d) Mitigation of Loss-Attachment of Risk |
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| 4. |
Kinds of Contract |
15 Marks |
| |
(a) Valid Contract
(b) Void and Voidable Contracts
(c) Contingent Contract
(d) Wagering Contract |
|
| 5. |
Underwriting of Insurance |
5 Marks |
| |
(a) Meaning
(b) Procedure
(c) Proposal for cover note
(d) Certificate of Insurance
(e) Renewal procedure
(f) Premium |
|
| 6. |
Claim |
5 Marks |
| |
(a) Meaning
(b) Factors to be Considered
(c) Arbitration Procedure
(d) Methods of settlement |
|
| 7. |
Salesmanship and Services |
10 Marks |
| |
(a) Meaning
(b) Qualities of a salesman
(c) Phases of salesmanship
(d) Techniques Of selling
(e) Method s Of convassing
(f) Servicing |
|
Books Recommended
1. General Insurance for Class XI by the CBSE
2. A Textbook Of Insurance by Janardhan, Rao and
Prabhu Dutta published by Durga Pustak Bhandar
CLASS XII
| One Paper |
3 Hours |
100 Marks |
| Units |
Unitwise Weightage |
Marks |
| 1. |
Introduction to General Insurance |
5 |
| 2. |
Fire Insurance |
25 |
| 3. |
Marine Insurance |
25 |
| 4. |
Miscellaneous Insurance : |
40 |
| |
(a) Motor Vehicle Act and Motor Insurance |
8 |
|
| |
(b) Insurance of Persosn |
8 |
|
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(c) Insurance of Property |
8 |
|
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(d) Insurance of liability and interest |
8 |
|
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(e) Package Policy |
8 |
|
| 5. |
Simple Case Problems |
5 |
| |
-Fire Insurance |
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-Marine Insurance |
|
Units
| 1. |
Introduction to General Insurance |
5 Marks |
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(a) Growth of General Insurance
(b) Functions of Insurance |
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| 2. |
Fire Insurance |
25 Marks |
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(a) Meaning and its importance |
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(b) Fundamental Principles of Fire Insurance |
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(c) Special perils |
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Kinds of Policies |
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(a) Valued and valuable policies
(b) Specific policy
(c) Excess policy
(d) Stock declaration policy
(e) Floating Policy
(f) Comprehensive policy
(g) Consequential Loss Policy
( h) Average Policy
(i) Building in course of construction |
| |
Procedure of Effecting and Settlement |
| |
(a) Procedure of effecting a fire policy
(b) Procedure for settlement of claims |
| 3. |
Marine Insurance |
25 Marks
|
| |
(a) Meaning and importance
(b) Subject matter of marine insurance
(c) Fundamental Principles
(d) Warranties |
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Type of Policies |
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(a) Voyage policy
(b) Time policy
(c) Mixed policy
(d) Floating policy
(c) Cargo policy
(f) Blanket policy
(g) Freight policy
(h) Valued and unvalued policies
(i) . Single vessel and Fleet policies
(j) Declaration policy
(k) Port risk policy |
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| |
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Effecting a Marine insurance policy Marine losses and its
classification Recovery and claim Procedures Settlement of marine insurance
claims |
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| 4. |
Miscellaneous Insurance |
40 Marks |
| |
(A) Motor Vehicle Act and Motor Insurance
(a) Motor Vehicle Act, 1939
(b) Scope
(c) Types of Motor Vehicles
(d) Type of policies
(e) Motor accident claims
(f) Tribunals |
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(B) Insurance of Persons
(a) Personal Accident (PA)
(b). Gramin Accident Scheme (GAS)
(c) Janatha Personal Accident (JPA)
(d) Personal accident for school going children
(e) Group personal accident insurance |
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(C) Insurance of Property:
(a) Burglary Insurance and its different types
(b) Baggage Insurance
(c) Money-in-Transit Insurance
(d) All risk policy |
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(D) Insurance of Liability and
Interest :
(a) Public Liability
(h) Professional indemnity
(c) Different types of fidelity guarantee
(d) Worker' Compensation Insurance |
|
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(E) Paakage Policy:
(a) Domestic Multi-risk Insurance
(b) Traders' Combined Insurance
(c) Bankers' Blanket Policy
(d) Jewellers' Block Insurance |
|
| 5. |
Simple Case Problems |
5 Marks |
| |
(a) On Fire Insurance
(b) On Marine Insurance |
|
Books Recommended
| 1. |
A Textbook of Insurance by Janardan Rao and Prabhu
Dutta Dass, published by Durga Pustak Bbaiidar. |
| 2. |
Principles and Practices of insurance by G. Panda
published by Kalyani Publishers, N. D. |
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