Compulsory insurance, tort and Nepal

Compulsory insurance, tort and Nepal

Bachelor of Business Studies (BBS) — Fourth Year

Subject: Insurance and Risk Management (FIN 254)

Unit 6: Auto Insurance

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of compulsory insurance, tort and nepal.
• Apply the relevant financial concepts or calculations and explain their assumptions, risks and analytical limits.

Curriculum Scope

• Arguments for and against compulsory auto third party insurance
• Tort liability and no-fault law
• Automobile insurance in Nepal: current status, process of effecting automobile insurance and major issues

Detailed Microsyllabus

1. Compulsory insurance

   1. Arguments for and against third-party requirements.
   2. Tort-liability and no-fault approaches.
   3. Compare the source-prescribed legal models.

2. Nepalese application

   1. Use official dated motor-insurance materials.
   2. Study process and documented issues.
   3. Do not invent mandatory limits or universal procedures.

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Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 92–96.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Examples involving current laws, rates, institutional products or Nepalese status must identify the relevant period and official materials; no changing numerical or legal requirements are invented here.