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This Program explains and teaches about the purposes, principles and types of insurance and contracts, and the functioning of insurance businesses and the work of insurance practitioners.

Starting with an explanation of how every person and organization is exposed to risks which can result in losses, the interesting and informative Program shows how insurance aims to minimize and manage the effects of risks, and transfer responsibility for potential losses to insurers. This Program has wide-ranging application for business people, existing and aspiring insurance practitioners; it deals with modern insurance practice, the principles on which it is based, the main classes of insurance business, insurance contracts, documentation, policies and claims. The Program also deals with insurance company structure and organization, and how these companies need to be run profitably and be well organized.

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