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Insurance Laws Exam Questions 2015

This document contains exam questions for an Insurance Law course. It lists 9 questions covering topics such as defining insurance and the nature of insurance contracts, life insurance contracts requiring utmost good faith, salient features of marine insurance contracts, essential features and insurer rights in fire insurance contracts, the meaning and significance of insurable interest in fire insurance, distinguishing insurance contracts from indemnity contracts, insurer liability in cases of suicide by the assured, and the central government's powers over the Life Insurance Corporation of India. Students must answer 6 of the 9 questions.

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33 views1 page

Insurance Laws Exam Questions 2015

This document contains exam questions for an Insurance Law course. It lists 9 questions covering topics such as defining insurance and the nature of insurance contracts, life insurance contracts requiring utmost good faith, salient features of marine insurance contracts, essential features and insurer rights in fire insurance contracts, the meaning and significance of insurable interest in fire insurance, distinguishing insurance contracts from indemnity contracts, insurer liability in cases of suicide by the assured, and the central government's powers over the Life Insurance Corporation of India. Students must answer 6 of the 9 questions.

Uploaded by

siva prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Total No.

of Pages: 1
5941
Register Number:
Name of the Candidate:
B.A.L. DEGREE EXAMINATION, May 2015
(THIRD YEAR)

360: INSURANCE LAW S

Time: Three hours Maximum: 100 marks

Answer any SIX questions

1. Define Insurance and Discuss the nature of a contract of Insurance.


2. Discuss how for the life Insurance contract is a contract of utmost good faith.

3. Explain salient features a Marine Insurance contract.


4. What are the essential features of a fire Insurance contract and what are the
rights of the Insurer under such a contract?
5. What is meant by insurable interest? Explain its significance in a contract of Fire
insurance.

6. Explain the contract of insurance and distinguish the same from that of
Contract of indemnity.

7. Explain the liability of an insurance in case of suicide committed by the


assured.

8. Explain the powers of the central Government over the Life Insurance
corporation of India.
9. W rite short notes on any TW O of the following:
a) Losses not regarded as perils of the sea.
b) Annuity policy.
c) Endowment insurance.
d) Lloyd’s policy.
$$$$$$$

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