The book has been written primarily for students of Insurance and covers life, fire, and marine insurances as well as Employees State Insurance, motor vehicle insurance, fidelity , home insurance, and personal liability insurance. Other forms like personal accident, professional indemnity, shopkeeper’s insurance, Mediclaim, air travel, and students’ safety have also been explained. Main provisions of Deposit Insurance and Credit Guarantee Act and Insurance Regulatory Development Authority Act have been summarily given.‘Pradhan Mantri Fasal Bima Yojna’ are the new topics covered in this edition. The book also covers new topics like creditability theory, back dating, and insurance frauds, and incorporates latest data and laws. The book is primarily prescribed for B.Com., BBA, and MBA students offering Insurance as a major or minor subject. However, professionals in financial sector will also find it useful.