Course Description
| Course | Code | Semester | T+P (Hour) | Credit | ECTS |
|---|---|---|---|---|---|
| PRINCIPLES of INSURANCE | - | Fall Semester | 2+0 | 2 | 3 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Lect. Vehbi AYVAT |
| Assistant(s) | |
| Aim | To give basic information about insurance to students who take lessons. |
| 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,,Supervision in Insurance Operations,Organization of Insurance Enterprises,,Damage Assessment and Claims Management System,,Individual Pension System.,Reinsurance,European Union Single Insurance Market,Reinsurance II. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Recognizes concepts related to insurance. | 10, 12, 13, 14, 16, 9 | A |
| 2. Interprets the history of insurance. | 10, 12, 13, 14, 16, 6, 9 | A, E |
| 3. Masters risk management in insurance. | 10, 13, 16, 9 | A |
| 4. Defines insurance business | 10, 12, 13, 14, 16, 6, 9 | A |
| 5. Conducts the damage assessment and management process | 10, 16, 9 | A, E |
| 6. Evaluates the functioning of the private pension system. | 10, 13, 14, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Definition of insurance and insurance | Reading |
| 2 | Classification of risks, risk management. | Reading |
| 3 | Insurable risks | Reading |
| 4 | Historical Development of Insurance in the World and in Turkey | Reading |
| 5 | Insurance Contract, | Reading |
| 6 | Premium and Tariff System, | Reading |
| 7 | Institutions and Organizations in the Sector, | Reading |
| 8 | Supervision in Insurance Operations | Reading |
| 9 | Organization of Insurance Enterprises, | Reading |
| 10 | Damage Assessment and Claims Management System, | Reading |
| 11 | Individual Pension System. | Reading |
| 12 | Reinsurance | Reading |
| 13 | European Union Single Insurance Market | Reading |
| 14 | Reinsurance II | Reading |
| Resources |
| Prof. Dr. Enver Alper Güvel- Lecturer, Lawyer Afitap Güvel- Insurance - Seçkin Publishing House, 2016. Murat Özbolat, Basic Insurance Legislation – Organization – Application, Seçkin Publishing, 9th Edition, September 2023 |
| 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 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | ||||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | X | |||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | X | |||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | 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 | 2 | 28 | |||
| Guided Problem Solving | 1 | 10 | 10 | |||
| Resolution of Homework Problems and Submission as a Report | 0 | 0 | 0 | |||
| Term Project | 0 | 0 | 0 | |||
| Presentation of Project / Seminar | 0 | 0 | 0 | |||
| Quiz | 0 | 0 | 0 | |||
| Midterm Exam | 1 | 16 | 16 | |||
| General Exam | 1 | 32 | 32 | |||
| Performance Task, Maintenance Plan | 0 | 0 | 0 | |||
| Total Workload(Hour) | 86 | |||||
| Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(86/30) | 3 | |||||
| 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 | 2+0 | 2 | 3 |
| Course Program |
| Prerequisites Courses | |
| Recommended Elective Courses |
| Language of Course | Turkish |
| Course Level | Short Cycle (Associate's Degree) |
| Course Type | Required |
| Course Coordinator | Assist.Prof. İrfan ERSİN |
| Name of Lecturer(s) | Lect. Vehbi AYVAT |
| Assistant(s) | |
| Aim | To give basic information about insurance to students who take lessons. |
| 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,,Supervision in Insurance Operations,Organization of Insurance Enterprises,,Damage Assessment and Claims Management System,,Individual Pension System.,Reinsurance,European Union Single Insurance Market,Reinsurance II. |
| Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
| 1. Recognizes concepts related to insurance. | 10, 12, 13, 14, 16, 9 | A |
| 2. Interprets the history of insurance. | 10, 12, 13, 14, 16, 6, 9 | A, E |
| 3. Masters risk management in insurance. | 10, 13, 16, 9 | A |
| 4. Defines insurance business | 10, 12, 13, 14, 16, 6, 9 | A |
| 5. Conducts the damage assessment and management process | 10, 16, 9 | A, E |
| 6. Evaluates the functioning of the private pension system. | 10, 13, 14, 16, 9 | A |
| Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 6: Experiential Learning, 9: Lecture Method |
| Assessment Methods: | A: Traditional Written Exam, E: Homework |
Course Outline
| Order | Subjects | Preliminary Work |
|---|---|---|
| 1 | Definition of insurance and insurance | Reading |
| 2 | Classification of risks, risk management. | Reading |
| 3 | Insurable risks | Reading |
| 4 | Historical Development of Insurance in the World and in Turkey | Reading |
| 5 | Insurance Contract, | Reading |
| 6 | Premium and Tariff System, | Reading |
| 7 | Institutions and Organizations in the Sector, | Reading |
| 8 | Supervision in Insurance Operations | Reading |
| 9 | Organization of Insurance Enterprises, | Reading |
| 10 | Damage Assessment and Claims Management System, | Reading |
| 11 | Individual Pension System. | Reading |
| 12 | Reinsurance | Reading |
| 13 | European Union Single Insurance Market | Reading |
| 14 | Reinsurance II | Reading |
| Resources |
| Prof. Dr. Enver Alper Güvel- Lecturer, Lawyer Afitap Güvel- Insurance - Seçkin Publishing House, 2016. Murat Özbolat, Basic Insurance Legislation – Organization – Application, Seçkin Publishing, 9th Edition, September 2023 |
| 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 | Explains the concepts of banking and insurance, the relevant legislation, and recognizes the organizations that guide the sector. | X | |||||
| 2 | Performs basic-level activities in banking and insurance, communicates effectively, and utilizes digital tools. | X | |||||
| 3 | Possesses fundamental, up-to-date, and practical knowledge related to their profession. | X | |||||
| 4 | Gains knowledge about occupational health and safety, environmental awareness and quality processes. | ||||||
| 5 | Explains and issues policies for property, service, and life insurance. | X | |||||
| 6 | Students convey knowledge concerning financial markets and institutions. | ||||||
| 7 | Students identify and define transaction types in the banking and insurance sector. | X | |||||
| 8 | Effectively utilizes information technologies (software, programs, animation, etc.) related to their profession. | X | |||||
| 9 | Students explain risk types to occur in the sector and hedging techniques. | X | |||||
| 10 | Follows current developments and practices in banking and insurance and uses them effectively. | ||||||
| 11 | Students apply the acquired knowledge regarding the field of banking and insurance to their studies. | X | |||||
| 12 | Has the ability to independently evaluate professional problems and issues with an analytical and critical approach and propose solutions. | ||||||
| 13 | Has awareness of career management and lifelong learning. | X | |||||
| 14 | Effectively presents their thoughts at the level of knowledge and skills through written and verbal communication and expresses them clearly. | X | |||||
| 15 | Uses a foreign language to follow information in their field and communicate with colleagues. | X | |||||
| 16 | Interprets fundamental data related to banking and insurance, identifies risks, defines problems, and proposes solutions. | X | |||||
| 17 | Possesses social, scientific, cultural, and ethical values in the collection, implementation, and dissemination of data related to their field. | X | |||||
| 18 | Takes responsibility as a team member to solve complex and unforeseen problems encountered in practices related to their field. | X | |||||
Assessment Methods
| Contribution Level | Absolute Evaluation | |
| Rate of Midterm Exam to Success | 40 | |
| Rate of Final Exam to Success | 60 | |
| Total | 100 | |