Annamalai University 2007 B.B.A ELEMENTS OF INSURANCE - Question Paper

Register Number :
Name of the Candidate :
7 three two 8
B.Com. (Computer Applications)
DEGREE EXAMINATION, 2007
( 1st YEAR )
( PART - I )
( PAPER - I )
511. ELEMENTS OF INSURANCE
( Common with B.B.A. Computer Applications )
May ] [ Time : three Hours
Maximum : 100 Marks

part - A (5 × eight = 40)
ans any 5 ques..
All ques. carry equal marks.
1. What do you understand by ?Insurable
Interest? in life insurance ?
2. discuss any 2 policy conditions in life
insurance.

3.
What do you understand by implied warrantyof ?seaworthiness? ?
4.
State the essential requisites of a valid contractof Marine Insurance.
5.
Distinguish ranging from Single Vessel Policy and
Fleet Policy.
6.
What do you understand by ?MarineLosses? ?
7.
What all persons can take fire insuranceclaiming insurable interest in the subject -matter ?
8.
Distinguish ranging from ?Death Claim? and?Maturity Claim?.SECTION - B (3 × 20 = 60)Answer any 3 ques..All ques. carry equal marks.
9.
What does ?Indemnity? mean ? Why is it notapplicable to all classes of insurance ?
10.
define the procedure for making death claimon a life policy.
11.
What is meant by ?Deviation? and ?Change ofVoyage? ? When is deviation excused ?
12.
What do you understand by physical andmoral hazards in fire insurance contracts ?
13.
Write short notes on any 4 :
(a)
Endowment policy.
(b)
Lapses and revivals.
(c)
Double insurance and re - insurance.
(d)
Proximate reason.
(e)
avg. loss.
(f)
Surveys and inspections.
2

Earning:   Approval pending.