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IC-38 INSURANCE AGENTS GENERAL

I IC-38 INSURANCE AGENTS GENERAL ACKNOWLEDGEMENT This course is based on revised syllabus prepared by INSURANCE Institute of India, Mumbai G Block, Plot No. C-46, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. ii IC-38 INSURANCE AGENTS GENERAL Year of Edition: 2016 This course is the copyright of the INSURANCE Institute of India, Mumbai. In no circumstances may any part of the course be reproduced. This course is purely meant for the purpose of study of the subject by student appearing for the examination of INSURANCE Institute of India & is based on prevailing best industry practices. It is not intended to give interpretation or solution in case of dispute or matters involving legal argument.

SECTION 3 GENERAL INSURANCE 11 2Principles of Insurance 81 12 Documentation 315 13 Theory & Practice of Premium Rating 354 ... is considered to be the first life insurance company in the world. 4. History of insurance in India a) India: Modern insurance in India began in early 1800 or thereabouts, with

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