Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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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) |
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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 |