Course Detail
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| PRINCIPLES of INSURANCE | - | Fall Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Prof.Dr. Güler Şebnem URALCAN |
| Assistant(s) | |
| Aim | This subject provides an introduction to the various types of insurances policies, policy documents, underwriting and claims handling procedures. |
| Course Content | This course contains; Definition of insurance and insurance,Classification of risks, risk management,Insurable risks,Historical Development of Insurance in the World and in Turkey,Insurance Contract,Premium and Tariff System,Institutions and Organizations in the Sector,Institutions and Organizations in the Sector,Supervision in Insurance Operations,Organization of Insurance Enterprises,Damage Assessment and Claims Management System,Individual Pension System,Reinsurance,European Union Single Insurance Market. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 5.1.Explains premium | 16, 9 | A |
| 1. will be able to evaluate the basis of insurance. | 16, 9 | A |
| 1.1. Explains the concept of insurance. | 16, 9 | A |
| 1.2. Explains the importance of insurance. | 16, 9 | A |
| 2. Will be able to evaluate the history of insurance in Turkey and in the world. | 16, 9 | A |
| 2.1. Explains the development of insurance in Turkey. | 16, 9 | A |
| 2.2. explains the development of insurance in the world. | 16, 9 | A |
| 3. Will be able to evaluate risks that may be insured. | 16, 9 | A |
| 3.1. Explains the risks that can be insured. | 16, 9 | A |
| 3.2. Explains the risks that can not be insured. | 16, 9 | A |
| 4. Will be able to evaluate the insurance contract. | 16, 9 | A |
| 4.1. Explains the elements of the insurance contract. | 16, 9 | A |
| 4.2. explains the special conditions of the insurance contract. | 16, 9 | A |
| 5. will be able to interpret the premium and tariff systems. | 16, 9 | A |
| 5.2. Explains tariff systems. | 16, 9 | A |
| 6. Will be able to evaluate institutions and organizations in the sector. | 16, 9 | A |
| 6.1. Explains the public institutions to which the insurance sector depends. | 16, 9 | A |
| 6.2. Explains other organizations in the insurance sector. | 16, 9 | A |
| 7. will be able to evaluate Audit and Organization in Insurance Business. | 16, 9 | A |
| 7.1. Explains supervisions in insurance companies. | 16, 9 | A |
| 7.2. Explains organization in insurance companies. | 16, 9 | A |
| 8. Will be able to interpret the Individual Pension System. | 16, 9 | A |
| 8.1. explains the basic elements of the Individual Pension System. | 16, 9 | A |
| 8.2. explains the conditions for retirement in the Individual Pension System. | 16, 9 | A |
| Teaching Methods: | 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Definition of insurance and insurance | |
| 2 | Classification of risks, risk management | |
| 3 | Insurable risks | |
| 4 | Historical Development of Insurance in the World and in Turkey | |
| 5 | Insurance Contract | |
| 6 | Premium and Tariff System | |
| 7 | Institutions and Organizations in the Sector | |
| 8 | Institutions and Organizations in the Sector | |
| 9 | Supervision in Insurance Operations | |
| 10 | Organization of Insurance Enterprises | |
| 11 | Damage Assessment and Claims Management System | |
| 12 | Individual Pension System | |
| 13 | Reinsurance | |
| 14 | European Union Single Insurance Market |
| Resources |
| Lecture notes |
| Prof.Dr.Enver Alper Güvel- Öğr.Gör.Av.Afitap Güvel- Sigortacılık -Seçkin Yayınevi, 2016. Thomas W. Rynard, Insurance and Risk Management for State and Local Governments, LexisNexis, 2012. Guillaume Gorge, Insurance Risk Management and Reinsurance, 2016. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the basic concepts of banking and insurance. | X | |||||
| 2 | Describes the mathematical and statistical methods of banking and insurance | X | |||||
| 3 | Uses the computer programs needed in banking and insurance | X | |||||
| 4 | Uses the professional foreign language proficiency required in banking and insurance | X | |||||
| 5 | Prepares the project and manage the teamworks | X | |||||
| 6 | Uses the theoretical and practical knowledge of the banking and insurance. | X | |||||
| 7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | X | |||||
| 8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | X | |||||
| 9 | Accepts ethical values and social rights and applies them | X | |||||
| 10 | Analyzes and discusses using the data of banking and insurance | X | |||||
| 11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | X | |||||
| 12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |
| ECTS / Workload Table | ||||||
| Activities | Number of | Duration(Hour) | Total Workload(Hour) | |||
| Course Hours | 14 | 3 | 42 | |||
| Guided Problem Solving | 14 | 4 | 56 | |||
| Resolution of Homework Problems and Submission as a Report | 7 | 1 | 7 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 10 | 1 | 10 | |||
| General Exam | 32 | 1 | 32 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 147 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(147/30) | 5 | |||||
| ECTS of the course: 30 hours of work is counted as 1 ECTS credit. | ||||||
Detail Informations of the Course
Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| PRINCIPLES of INSURANCE | - | Fall Semester | 3+0 | 3 | 5 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | First Cycle (Bachelor's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. Ali Osman Serdar ÇITAK |
| Name of Lecturer(s) | Prof.Dr. Güler Şebnem URALCAN |
| Assistant(s) | |
| Aim | This subject provides an introduction to the various types of insurances policies, policy documents, underwriting and claims handling procedures. |
| Course Content | This course contains; Definition of insurance and insurance,Classification of risks, risk management,Insurable risks,Historical Development of Insurance in the World and in Turkey,Insurance Contract,Premium and Tariff System,Institutions and Organizations in the Sector,Institutions and Organizations in the Sector,Supervision in Insurance Operations,Organization of Insurance Enterprises,Damage Assessment and Claims Management System,Individual Pension System,Reinsurance,European Union Single Insurance Market. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 5.1.Explains premium | 16, 9 | A |
| 1. will be able to evaluate the basis of insurance. | 16, 9 | A |
| 1.1. Explains the concept of insurance. | 16, 9 | A |
| 1.2. Explains the importance of insurance. | 16, 9 | A |
| 2. Will be able to evaluate the history of insurance in Turkey and in the world. | 16, 9 | A |
| 2.1. Explains the development of insurance in Turkey. | 16, 9 | A |
| 2.2. explains the development of insurance in the world. | 16, 9 | A |
| 3. Will be able to evaluate risks that may be insured. | 16, 9 | A |
| 3.1. Explains the risks that can be insured. | 16, 9 | A |
| 3.2. Explains the risks that can not be insured. | 16, 9 | A |
| 4. Will be able to evaluate the insurance contract. | 16, 9 | A |
| 4.1. Explains the elements of the insurance contract. | 16, 9 | A |
| 4.2. explains the special conditions of the insurance contract. | 16, 9 | A |
| 5. will be able to interpret the premium and tariff systems. | 16, 9 | A |
| 5.2. Explains tariff systems. | 16, 9 | A |
| 6. Will be able to evaluate institutions and organizations in the sector. | 16, 9 | A |
| 6.1. Explains the public institutions to which the insurance sector depends. | 16, 9 | A |
| 6.2. Explains other organizations in the insurance sector. | 16, 9 | A |
| 7. will be able to evaluate Audit and Organization in Insurance Business. | 16, 9 | A |
| 7.1. Explains supervisions in insurance companies. | 16, 9 | A |
| 7.2. Explains organization in insurance companies. | 16, 9 | A |
| 8. Will be able to interpret the Individual Pension System. | 16, 9 | A |
| 8.1. explains the basic elements of the Individual Pension System. | 16, 9 | A |
| 8.2. explains the conditions for retirement in the Individual Pension System. | 16, 9 | A |
| Teaching Methods: | 16: Question - Answer Technique, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Definition of insurance and insurance | |
| 2 | Classification of risks, risk management | |
| 3 | Insurable risks | |
| 4 | Historical Development of Insurance in the World and in Turkey | |
| 5 | Insurance Contract | |
| 6 | Premium and Tariff System | |
| 7 | Institutions and Organizations in the Sector | |
| 8 | Institutions and Organizations in the Sector | |
| 9 | Supervision in Insurance Operations | |
| 10 | Organization of Insurance Enterprises | |
| 11 | Damage Assessment and Claims Management System | |
| 12 | Individual Pension System | |
| 13 | Reinsurance | |
| 14 | European Union Single Insurance Market |
| Resources |
| Lecture notes |
| Prof.Dr.Enver Alper Güvel- Öğr.Gör.Av.Afitap Güvel- Sigortacılık -Seçkin Yayınevi, 2016. Thomas W. Rynard, Insurance and Risk Management for State and Local Governments, LexisNexis, 2012. Guillaume Gorge, Insurance Risk Management and Reinsurance, 2016. |
Course Contribution to Program Qualifications
| Course Contribution to Program Qualifications | |||||||
| No | Program Qualification | Contribution Level | |||||
| 1 | 2 | 3 | 4 | 5 | |||
| 1 | Defines the basic concepts of banking and insurance. | X | |||||
| 2 | Describes the mathematical and statistical methods of banking and insurance | X | |||||
| 3 | Uses the computer programs needed in banking and insurance | X | |||||
| 4 | Uses the professional foreign language proficiency required in banking and insurance | X | |||||
| 5 | Prepares the project and manage the teamworks | X | |||||
| 6 | Uses the theoretical and practical knowledge of the banking and insurance. | X | |||||
| 7 | Constantly evaluates itself by following the developments in science and technology with the importance of lifelong learning | X | |||||
| 8 | Uses verbal and written communication skills using the latest technologies and at least one foreign language | X | |||||
| 9 | Accepts ethical values and social rights and applies them | X | |||||
| 10 | Analyzes and discusses using the data of banking and insurance | X | |||||
| 11 | Uses the information on the other disciplines that can provide support for theoretical studies in banking and insurance (economics, law, business, etc.) | X | |||||
| 12 | Offers micro and macro suggestions on the problems in the banking and insurance sector | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |