Law of Insurance

Categories: Legal, LLB
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About Course

COURSE OBJECTIVES

  This elective course aims to impart the principles and characteristics of the Laws of Insurance to the students. It will help the students to be aware of the process and need of nationalization and the subsequent privatization of the insurance sector in India. The course also will deliberate upon the legislations relating to Insurance and Insurance Sector in India, characteristics and functions of insurance companies, types of insurance and specific provisions relating to regulatory mechanisms for regulating the insurance sector and current developments, issues and challenges.  

 

COURSE OUTCOMES

  After completing this course, students will be able to: 1. Learn the evolution of the insurance sector in India ; 2. Familiarize with the basic principles of the Laws of Insurance ; 3. Understand and apply the insurance legislations and regulations in India ; 4. Understand and evaluate the strengths and shortcomings of insurance sector and regulations in India ; 5. Promote and involve themselves in consumer education and awareness in the Insurance sector

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What Will You Learn?

  • ✅ Comprehensive study of insurance laws and regulations
  • ✅ Insights into IRDAI’s role and regulatory framework
  • ✅ Understanding of different types of insurance (Life, Marine, Health, Property, etc.)
  • ✅ Knowledge of consumer rights and dispute resolution in insurance
  • ✅ Analysis of key case laws and landmark judgments
  • ✅ Exposure to social insurance and government schemes

Course Content

MODULE 1: Introduction

  • Notes- Module 1
  • Session Recording I Module 1 I Lecture 1 I 10/4/25

MODULE 2: Insurance Regulatory Framework in India

MODULE 3: Non-Life General Insurance

MODULE 4: Social Insurance in India

External Notes

Downloadable Material

Last Minute Revision

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