| Course Type | Elective Course |
| Course Level | Bachelor's Degree |
| Year of Study | - |
| Semester | - |
| ECTS | 5 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Become familiar with the fundamental concepts of insurance and professional jargon.
- Recognize the impact of the basic principles of insurance on the industry.
- Examine the historical development of insurance in Turkiye.
- Learn the theoretical foundation of insurance.
- Perceive the development of the insurance sector in Turkiye and the awareness of insurance ethics.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | None |
| Course Description | This course aims to provide the necessary foundation for advanced knowledge in insurance by covering topics such as insurance, the benefits of insurance, risk, parties in insurance, the historical development of insurance, basic principles, and the management and organizational structure of the insurance sector. |
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Definition and characteristics of insurance, probability and insurance, the law of large numbers |
|
2nd Week |
The benefits and functions of insurance and the concept of risk |
|
3rd Week |
Historical development of insurance in Turkiye and worldwide |
|
4th Week |
Parties in insurance, their obligations, and insurance intermediaries |
|
5th Week |
Stages of the insurance process: insurance premium and determination, policy, endorsement, and renewal |
|
6th Week |
Basic principles of insurance (insurable interest, utmost good faith, indemnity) |
|
7th Week |
Basic principles of insurance (contribution, proximate cause, subrogation) |
|
8th Week |
Midterm exam |
|
9th Week |
Types of insurance (private insurance-social insurance) |
|
10th Week |
Types of insurance |
|
11th Week |
Termination of insurance contracts, claims, and claims processes |
|
12th Week |
Management and organizational structure of insurance companies |
|
13th Week |
Student presentations |
|
14th Week |
Student presentations |
|
| Recommended or Required Reading | Rejda, G. E., & McNamara, M. J. (2020). Risk yönetimi ve sigortacılık prensipleri (Ufuk Başoğlu, Trans.; 14th ed.). Nobel Akademik Yayıncılık.
Özbolat, M. (2011). Temel sigortacılık. Seçkin Yayıncılık.
Kırkbeşoğlu, E. (2022). Risk yönetimi ve sigortacılık (3rd ed.). Gazi Kitabevi. |
| Planned Learning Activities and Teaching Methods |
- Lecture
- Questions/Answers
- Presentation
|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Total(%) |
|
40 |
| Contribution of In-term Studies to Overall Grade(%) |
|
40 |
| Contribution of Final Examination to Overall Grade(%) |
|
60 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
1 |
1 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
35 |
35 |
| Course hours |
13 |
3 |
39 |
| Preparation for Midterm exam |
1 |
25 |
25 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
1 |
1 |
| Homework |
|
|
|
| Total Work Load | 143 |
| Total Work Load / 30 (h) | 4.76 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |