Aviation, professional and directors liability

Aviation, professional and directors liability

Bachelor of Business Studies (BBS) — Fourth Year

Subject: Insurance and Risk Management (FIN 254)

Unit 9: Commercial Liability Insurance

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of aviation, professional and directors liability.
• Apply the relevant financial concepts or calculations and explain their assumptions, risks and analytical limits.

Curriculum Scope

• Aviation liability insurance
• Professional liability insurance
• Directors and officers liability insurance

Detailed Microsyllabus

1. Specialized liabilities

   1. Aviation exposure.
   2. Professional liability.
   3. Directors' and officers' exposure.

2. Policy comparison

   1. Identify the protected interest and relevant claims.
   2. Study assigned policy conditions and exclusions.
   3. Avoid assuming all professional or managerial conduct is insured.

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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.