505241 - Principles of Insurance (1) |
---|
Credit Hours3 Pre-requisite- Co-requisite- Distribution0 + 3 |
This course introduces students to the risks facing individuals, families and small businesses, and the means used to eliminate or mitigate these risks through buying various types of insurance contracts. The course covers: types of insurers, insurers marketing systems, insurance companies operations, government regulation of Insurance and legal principles of insurance. A brief background to the Islamic insurance is also provided. |