Mechanical Engineering (English)
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

General course introduction information

Course Code:

BNKS204

Course Name:

Basic Insurance Services

Course Semester:

Fall

Course Credits:

Theoretical	Practical	Credit	ECTS
3	0	3	6

Language of instruction:

Course Requisites:

Does the Course Require Work Experience?:

Type of course:

Compulsory

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator :

Dr.Öğr.Üyesi TURGAY MÜNYAS

Course Lecturer(s):

Course Assistants:

Course Objective and Content

Course Objectives:

The aim of this course is to enable students to understand the following concepts: risk definition; classification of risks; risk management; definition and elements of the insurance; insurable risks; general principles of insurance; function and place of economy; basic insurance concepts; the insurance contract and the parties; insurance types and reinsurance and types; insurance companies; agents; duties and responsibilities of experts and actors; compensation payment process in insurance companies; insurance technical provisions; Regulatory and supervisory institutions in the Turkish insurance sector; professional organizations; Functions and duties of institutions such as DASK, TARSİM, insurance account, insurance arbitration committee, SEGEM and TII.

Course Content:

Definition of Risk; classification of risks; risk management; definition and elements of the insurance; insurable risks; general principles of insurance; function and place of economy; basic insurance concepts; the insurance contract and the parties; insurance types and reinsurance and types; insurance companies; agents; duties and responsibilities of experts and actors; compensation payment process in insurance companies; insurance technical provisions; Regulatory and supervisory institutions in the Turkish insurance sector; professional organizations; Functions and duties of institutions such as DASK, TARSİM, insurance account, insurance arbitration committee, SEGEM and TII.

Learning Outcomes

The students who have succeeded in this course;

Learning Outcomes

1 - Knowledge
Theoretical - Conceptual
1) • Knowing the definition of risk
2) To understand the definition and elements of insurance.
3) • To discuss insurance concepts.
2 - Skills
Cognitive - Practical
1) • To classify risks.
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week	Subject	Related Preparation
1)	Preparation of the course content. • Explanation of the concept of risk in insurance. • Disclosure of risk types. • Describe the relationship between risk and insurance. • Disclosure of the risk structure. • Discussion of risk management • Disclosure of important methods to deal with risks • Discussing the relationship between risk and insurability.	NONE
2)	Determination of the basic principles of insurance. • Defining the concept of mutual goodwill. • Discuss the concept of transfer of succession rights. • Discuss the concept of compensation. • Studying the concept of close cause. • Practical explanation of the principles. • Discussing the concept of missing / transcendent insurance	Review of the syllabus.
3)	Explanation of the economic function of insurance • Defining its place in the economy. • Making the distinction between life and non-life. • Explanation of the share in national income. • Explanation of the effects on insurance and economy. • Explanation of the insurance and the economic close relationship • Discussion on why the share of insurance in national income has not increased.	Review of the course.
4)	Explanation of basic insurance concepts. • Explanation of the concept of police. • Identification of the parties in insurance. • Explanation of the insured. • Description of the insurance company. • Description of the third party. • The narration of the beneficiary. • Explanation of addendum and retention.	Review of the course.
5)	Definition of reinsurance. • Analysis of reinsurance imperative. • Explanation of the positive sides of reinsurance. • Explanation of the negative sides of reinsurance. • Disclosure of discretionary reinsurance. • Pricing of reinsurance. • Kotpar reinsurance expression. Trete reinsurance expression	Review of the course.
6)	Explanation of the insurance company definition. • Explanation of the type of establishment of insurance companies. • New law and insurance companies. • Minimum capital of insurance companies • Disclosure of treasury branches • Discussion of the conditions of managers • Disclosure of insurance licenses	Review of the course.
7)	Explanation of insurance intermediaries. • Agency definition and explanation. • Discussing the concept of agency. • Intermediary institutions and cost relationship. • Broker narration. • Discussing the concept of broker. • Broker and cost relationship.	Review of the course.
8)	VISA • Discussion of the visa. • Post-exam answers of visa exam answers (depending on time).	Review of the course
10)	Expert definition. • Explanation of expert duties and responsibilities. • Expert licenses • Expert exam and discussion of internship • Actuarial definition. • Explanation of the duties and responsibilities of Aktüer. • Actuarial exam discussion • Actuarial internship discussion	NONE
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15)

Sources

Course Notes / Textbooks:	Özbolat, M. (2011), Temel Sigortacılık, 5. Baskı, Seçkin yayıncılık. ISBN :9789750216220
References:	Özbolat, M. (2011), Temel Sigortacılık, 5. Baskı, Seçkin yayıncılık. ISBN :9789750216220

Course-Program Learning Outcome Relationship

Learning Outcomes	1	3	4	2
Program Outcomes
1) Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2) The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3) The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4) Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5) Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7) Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9) Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10) Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11) The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
12) In order to gain depth at least one, physics knowledge based on chemistry knowledge and mathematics; advanced mathematical knowledge, including multivariable mathematical and differential equations; familiarity with statistics and linear algebra.
13) The ability to work in both thermal and mechanical systems, including the design and implementation of such systems.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Sufficient knowledge in mathematics, science and engineering related to their branches; and the ability to apply theoretical and practical knowledge in these areas to model and solve engineering problems.
2)	The ability to identify, formulate, and solve complex engineering problems; selecting and applying appropriate analysis and modeling methods for this purpose.
3)	The ability to design a complex system, process, device or product under realistic constraints and conditions to meet specific requirements; the ability to apply modern design methods for this purpose. (Realistic constraints and conditions include such issues as economy, environmental issues, sustainability, manufacturability, ethics, health, safety, social and political issues, according to the nature of design.)
4)	Ability to develop, select and use modern techniques and tools necessary for engineering applications; ability to use information technologies effectively.
5)	Ability to design experiments, conduct experiments, collect data, analyze and interpret results to examine engineering problems or discipline-specific research topics.
6)	The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
7)	Effective communication skills in Turkish oral and written communication; at least one foreign language knowledge; ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8)	Awareness of the need for lifelong learning; access to knowledge, ability to follow developments in science and technology, and constant self-renewal.
9)	Conform to ethical principles, and standards of professional and ethical responsibility; be informed about the standards used in engineering applications.
10)	Awareness of applications in business, such as project management, risk management and change management; awareness of entrepreneurship, and innovation; information about sustainable development.
11)	The ability to work effectively in disciplinary and multidisciplinary teams; individual work skill.
12)	In order to gain depth at least one, physics knowledge based on chemistry knowledge and mathematics; advanced mathematical knowledge, including multivariable mathematical and differential equations; familiarity with statistics and linear algebra.
13)	The ability to work in both thermal and mechanical systems, including the design and implementation of such systems.

Learning Activity and Teaching Methods

Field Study
Peer Review
Lesson
Lab
Homework

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Observation
Staj/ Yerinde Uygulama Değerlendirmesi

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Workload and ECTS Credit Grading

Activities	Number of Activities	Workload
Course Hours	16	48
Study Hours Out of Class	16	64
Homework Assignments	4	20
Midterms	1	15
Final	1	22
Total Workload		169