[May 17] Class 1
- Marks distribution explained
- Attendance and participation marks explained
- Review of the whole course
[May 19] Class 2
- What is insurance (101-A)
- Importance of insurance to the individuals (101-B)
[May 24] Class 3
- Life insurance is a good alternative to conventional savings (101-C)
- Importance of insurance to business and corporations (101-D)
[May 26] Class 4
- Importance of insurance to society (101-E)
- THE END OF CHAPTER – 1.
- Define risk (102-A)
- Terms associated to risk in the world of insurance (102-B)
- Classification of risk from the viewpoint of insurance (102-C)
[May 31] Class 5
- Methods of risk management (102-D)
- Risk avoidance
- Risk prevention
- Engineering approach
- Human approach
- Statistical approach
- Enforcement approach
- Risk assumption
- Risk distribution
- Hedging and neutralization
- Risk transfer
- THE END OF CHAPTER – 2.
[June 2] Class 6
Chapter 3: Scope of insurance
- Subject matter
- Examples of subject matters: A person, a car, a cow.
- Classification of insurance
- Branch-wise classification
- Marine insurance
- Fire insurance
- Life insurance
- Accident insurance
- Subject matter-wise classification of insurance
- Insurance of person
- Insurance of property
- Insurance of liability
- Insurance of interest
- Subject matters of marine insurance
- The hull
- The cargo
- The freight
- Marine insurance policies
- Building risk policy
[June 7] Class 7: Test 1 (Quiz)
- Test 1: Quiz
- Full marks: 28x0.5 + 1 = 15.00
- Syllabus: Chapter 1, Chapter 2, Course outline.
- Click here to view the result.
[June 9] Class 8
- Marine insurance policies
- Building risk policy (review)
- Time policy
- Voyage policy
- Mixed policy
- Floating policy
- Example: Dhaka – Delhi, Delhi – Karachi, Karachi – Dubai
- Scopes of fire insurance
- Material loss fire insurance
- Standard fire policy
- Special perils insurance policy
- Reinstatement policy
[June 15] Class 9 (Make-up), Class 10 (Extra)
Two classes back-to-back, from 12:30 to 2:30 PM.
- Material loss fire insurance
- Standard fire policy (review)
- Special perils insurance policy (review)
- Reinstatement policy (review)
- Blanket policy
- Building in course of erection policy
- Sprinkle leakage policy
- Consequential loss fire insurance policy
- Accident insurance policies
- Some examples (in brief) of policies that belong to both accident insurance and property insurance
- Burglary insurance
- Motor insurance
- Contractors all risk
- Engineering insurance
- Aviation insurance
- Glass insurance
- Corp insurance
- Live stock insurance
- Burglary insurance
- Business premise
- Private dwelling/ residence
- All risk policy
- Cash in safe and transit
- Motor insurance
- Act liability policy only
- 3rd party policy
- Comprehensive policy
- War risk insurance
- Aviation insurance
- The end of Chapter 3.
- Solution to Test-1 (Quiz)
[June 22] Class 11 (Extra)
Time: 4:00 PM to 5:10 PM. Room: 603.This class was arranged for those who missed class 9 and 10.
- Consequential loss fire insurance
- Motor insurance
- Act liability policy only
- 3rd party policy
- Comprehensive policy
- War risk insurance
- Solution to Test-1 (Quiz)
[June 25] Mid-Term exam
- Time: 10:00 – 11:30 AM
- Room: 601 and 602
- Click here to view the result.
[July 11] Class 12
Time: 12:30 - 1:45 PM, Room: 1002
Chapter 4: Principle of Utmost Good Faith
- What is material fact
- Sales of goods vs. insurance – the differences
[July 21] Class 13
Time: 12:30 - 1:45 PM, Room: 1002
Chapter 4: Principle of Utmost Good Faith (continuing…)
- What is material fact
- Sales of goods vs. insurance – the differences
- Facts required to be disclosed in insurance contract
[July 26] Class 14
Time: 12:30 - 1:45 PM, Room: 1002
- Chapter 4: Principle of Utmost Good Faith (continuing…)
- Facts that do not need to be disclosed in an insurance contract
- Representation and Warranties
- Incidents that trigger a breach of duty
- What can the insurer do when a breach occurs?
- Chapter 5: Principle of Indemnity
- What is principle of indemnity
- Applications of principles of indemnity and how it is affected by sum-insured
- Valued policies
[July 28] Class 16
Time: 12:30 - 1:45 PM, Room: 1002
- Chapter 5: Principle of Indemnity (continuing…)
- Methods of providing indemnity
- Calculation of indemnity in under-insurance policies
- Mathematical examples
- Excess
- Franchise
[August 2] Class 17: Test 2
Room: 1002
- Test 2: Class Test
- Syllabus: Chapter 4 (Whole)
- Click here to view the announcement
- Click here to view the result.
Time: 12:30 - 1:45 PM, Room: 1002
- Chapter 5: Principle of Indemnity (continuing…)
- Pro-rata condition of average
- Special condition of average
- Two-condition of average
[August 9] Class 19
Time: 12:50 -2:05 PM, Room: 1002
- Chapter 6: Principle of subrogation
- What is POS?
- When does subrogation arise
- Chapter 7: Principle of contribution
- What is POC?
- When contribution operates
- How contribution works
- Mathematical example
[August 16] Class 20
Room 801, Time: 12:30 - 1:45
- Chapter 8: Reinsurance
- What is reinsurance
- Reasons behind reinsurance
- Mathematical problems and solutions
- Treaty reinsurance under quota share method
- 1st line reinsurance
- 2nd line reinsurance
- Assignment
- Topic of the assignment was declared in the class.
[August 18] Class 21: Review class
Room 1002, Time 12:30 - 1:45
- Review class
- Review of the whole syllabus of the final exam.
[August 23] Class 22: Test-3
Room 1002, Time 12:30 - 2:10
- Test-3: Class test
- Syllabus: Mathematical problems
- Fullmark: 3.00x5 = 15.00
- Time: 1 hour
- Click here to view announcement
- Click here to view the result.
[August 24] Class 23 (Extra)
Time: 12:00 to 2:00 PM, Room – 601
Click here to view the announcement of this extra class.
- Time: 10:00 - 12:00
- Room: 601, 602
- Click here to view the result.