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INSURANCE TRANSACTIONS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
SYY251 INSURANCE TRANSACTIONS 3 3 3 6

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

To be able to explain the definition and elements of insurance
To be able to define the basic concepts related to insurance
To be able to explain the types and branches of insurance in writing and orally
To be able to evaluate the importance and contribution of insurance to economic and social life.
To be able to evaluate the accounting records of insurance policy accrual and collection, commission, policy cancellation and compensation payments