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Register Number :
Name of the Candidate :
5421
[Link]. DEGREE EXAMINATION, 2010
( FIRST YEAR )
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( PART - I )
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( PAPER - I )
111 / 511 / 112. ELEMENTS OF
INSURANCE
[ Common to [Link]. / B.B.A. / B.M.M. /
[Link]. ( Accounting and Finance ),
and B.B.S. ]
December ]
[ Time : 3 Hours
Maximum : 100 Marks
Answer any FIVE questions.
All questions carry equal marks.
(5 20 = 100)
1. Explain the principles of insurance.
2. Discuss the advantages of insurance.
Turn Over
3. Narrate the procedure involved in taking a life
insurance policy?
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4. What do you understand by annuity? Explain
the special types of annuities issued by LIC.
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(5 20 = 100)
5. What do you mean by lapsed policy? Explain
the different types of revival of a life policy.
1.
6. Describe the main conditions of a fire insurance
policy.
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7. Explain the various kinds of fire insurance
policies.
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8. Discuss to various clauses of a marine insurance
policy.
9. Discuss marine perils and marine losses.
10. Write short notes on:
(i)
Assignment and Nomination of a
life policy.
(ii) Cover note.
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(iii) Jeetison.
(iv) Physical hazard in fire policy.
Turn Over