| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 5 |
| NAME OF LECTURER(S) | -
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Learn about the development of Insurance and private Pension sector in Turkey and in the world and the existing structure.
2) Have knowledge about life insurance in life insurance and practice of life insurance.
3) Obtain information about actuarial basis of life insurance.
4) Acquire theoretical knowledge about personal accident insurance and learn about the operation of personal accident insurance.
5) Acquire theoretical knowledge about Social Security and Private Pension Systems and learn about the functioning of Private Pension System.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | In this course, the Development and Current Structure of the Insurance and Private Pension Sectors in Turkey and the World will be explained; Information will be given about the theoretical background and practical applications/functions of Life, Personal Accident Insurance, Social Security and Private Pension Systems. Also, health insurance markets in Turkey will be mentioned. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Turkey and the world insurance market - overall assessment | | 2nd Week | Development and current structure of the insurance business in Turkey | | 3rd Week | Life insurance and life insurance market in Turkey | | 4th Week | Actuarial basis of life insurance | | 5th Week | Cumulative life insurances and rent accounts | | 6th Week | Mortality Tables | | 7th Week | Annuity Tables | | 8th Week | Midterm | | 9th Week | Personal accident insurance | | 10th Week | Management of social insurance and pension risk | | 11th Week | Examples of private pension system | | 12th Week | Private pension system | | 13th Week | Health insurance | | 14th Week | Liability insurance market in Turkey |
|
| RECOMENDED OR REQUIRED READING | Principles of Risk Management &Insurance, George E.Rejda, Addison-Wesley
Fundamentals of Risk &Insurance, Emmett J. Vaughan&There M. Vaughan, John Wiley&Sons
Life Insurance,Kenneth Black, Jr. &Harold D. Skipper, Jr.,PrenticeHall |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion,Problem Solving,Project |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 30 | | Assignment | 1 | 10 | | Project | 1 | 10 | | Presentation of Case Study | 1 | 10 | | Total(%) | | 60 | | Contribution of In-term Studies to Overall Grade(%) | | 60 | | Contribution of Final Examination to Overall Grade(%) | | 40 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 3 | 3 | | Preparation for Quiz | 2 | 3 | 6 | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 30 | 30 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 20 | 20 | | Laboratory (including preparation) | | | | | Final exam | 1 | 3 | 3 | | Homework | 1 | 3 | 3 | | Total Workload | | | 149 |
|---|
| Total Workload / 30 | | | 4,96 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
