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How to Prepare CS Professional Insurance Law and Practice

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How to Prepare CS Professional Insurance Law and Practice. In previous post we have given CS Professional Insurance Law and Practice previous exams question papers. Today we are providing tips to prepare CS Professional Insurance Law and Practice. ICSI has given subject wise specific guidance to CS Professional students who are going to write CS Professional exam shortly. Read below !!

How to Prepare CS Professional Insurance Law and Practice

The law of insurance has been a subject matter of considerable public importance. Further, in our day to day life we regularly deal with things related to Insurance, may it be Life or general or any other kind of Insurance. A Company Secretary can work as a compliance officer in an Insurance Company and play an important role in ensuring compliance to complicated legal, regulatory and supervisory issues all the time, transcending various spheres of Insurance Company’s operations.

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So it is of utmost importance for a student of Company Secretaryship Course to be well acquainted with the laws of Insurance in India and their applicability. Further with the advent of globalisation, it is expected from the governance professional like company Secretary to be aware with the latest happening in the field of insurance, best practices globally and how to minimize the risk using proper insurance mechanism.

The law and practice of insurance segments covers the principles of risk insurance, laws relating to life insurance as well as general insurance. This paper is designed to provide expert knowledge on the law and practice relating to insurance. This paper covers the understanding and general risk, general principles and concepts of insurance, Life Insurances Practices and Procedures. Life insurance & pension products , General Insurance & products , Ethics and Corporate Governance for Insurance Companies etc. Special emphasis is given on Case Study Analysis in insurance Laws and Practice Paper.

Suggestions for the Students in CS Professional Insurance Law and Practice Paper

1. A student can read the brochure and policy document of different insurance companies to have the basic idea of how a particular insurance product is working, how the mortality charges and sum insured is calculated etc.

2. Students may refer to the IRDA website, Circulars, economic dailies, Journals, Bimaquest etc.

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3. Students can also refer the website of Insurance Institute of India (III) and National Insurance Academy (NIA).

4. Students can visit the website of IRDA promoted “Consumer Education Website” for different case studies.

How to Pass CS Professional Exam

Here we are providing subject wise guidance to CS Professional students. See below How to prepare CS Professional Module – 1, Module – 2, Module – 3 and Elective Papers. Click below links

Module I

Paper 1. Advanced Company Law and Practice

Paper 2. Secretarial Audit, Compliance Management and Due Diligence

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