Algorithm of work with the course throughout the test in accounting
Theme “Insurance”. Fixing the fundamental concepts and terms.
Your order associated with the study concept:
For this issue “Insurance” is characterized by a number that is large of terms and ideas. Consequently, one of the most significant tasks of learning this subject could be the consolidation of the latest terms.
The”small groups” method is used in the lesson. Associated with the pupils, three professionals are appointed who receive specific assignments through the instructor in advance. Regarding the remaining pupils, three teams are created. Each team gets a card with new principles. The students outline the terms and then respond to the new group of terms to the expert within 15 minutes. From then on, pupils trade cards. In closing, the students receive a grade that is final.
Card number 1 – Terms expressing the essential general terms and conditions of insurance.
The insured is just a appropriate entity or someone who pays financial efforts and contains the best to get an amount of cash in the eventuality of an insured occasion.
The insurer is really a appropriate entity that conducts insurance coverage, assumes an obligation to fix damages or even to spend the insurance coverage amount, which leads to questions of creation and investing of this insurance fund.
Insured can be an individual in whose benefit the insurance coverage agreement is determined.
Insurance coverage protection is an economic category showing the aggregate of certain distributive and redistributive relations related to overcoming or compensating losses caused to natural manufacturing because of the material production and also the residing standard of this population, and also by other extraordinary activities.
Insurance coverage interest is really a measure regarding the material interest of a appropriate or person that is physical insurance.
Carriers of insurance interest are insured.
Sum insured may be the amount of cash which is why material values are insured, or life, work, wellness.
The item of insurance – in individual insurance coverage: life, wellness, work ability of residents, in property – buildings, structures, vehicles, other material values.
Insurance obligation may be the duty regarding the insurer to pay for the insurance coverage sum or insurance coverage payment.
The beneficiary is a testamentary person who is appointed by the insured person in case there is his death as a consequence of an insured event.
Insurance plan – a document released because of the insurer to your insured. It certifies the concluded contract and contains all its conditions.