MISCELLANEOUS

INSURANCE
 NAMES ROLL.NO
BHAVINI.CHAUHAN 10
APEKSHA.DAVE 17
DAMINI.GUJARAN

SHAGUFTA.HANSLOD

ARCHANA.PAL 60
LIABILITY INSURANCE
The liability insurance market.

What liability insurance provides.

AVIATION INSURANCE
The policy is divided into three sections:-
Loss of or damage to aircraft.
Third paty legal liabilty and
Legal liabilty to passenger.
LIVESTOCK INSURANCE
CATTLE INSURANCE

CROP INSURANCE
RURAL INSURANCE

MICRO INSURANCE
 RISK AND INSURANCE

CLASSIFICATION OF RISKS:-
Financial and Non financial.
Static and Dynamic.
Fundamental and Particular Risks.
Speculative Risk.
FACTORS AFFECTING RISK OF
INSURANCE
Age BUSINESS:-
Physique or Build
Personal history
Family history
Occupation
Residence
Present Habits
Morals
Nationality and Race
Gender
Economic status
Defence Services
Insurance Plan
SOURCES OF INFORMATION ABOUT
THE RISK TO BE INSURED
The proposal form
Agents Report
Medical Examiner Report
The Inspection Report
The Private Friends Report
Medial Information Bureau
Neighbours and Business Associates
Family Physician
RISK MANAGEMENT
Objectives of Risk Management.
create value resources expended to mitigate risk should be
less than the consequence of inaction, or (as in value
engineering), the gain should exceed the pain

be an integral part of organizational processes

be part of decision making process

explicitly address uncertainty and assumptions

be a systematic and structured process

be based on the best available information

 RISK INSURANCE MANAGEMENT
PROCESS
Determination Risk Risk Evaluation
Of Identificati
Objectives on

Evaluation Selection
Implementation Of
And Of Risk Managemen
Reviews Decision Techniques