BNKS204 Basic Insurance ServicesIstanbul Okan UniversityDegree Programs Energy Systems Engineering (English)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Energy Systems 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: TR
Course Requisites:
Does the Course Require Work Experience?: No
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
11)
12)
13)
14)
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) Closed Department

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Closed Department

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