Annamalai University 2008-2nd Year Bachelor of A.L BAL 3rd year - Insurance Laws (code no360) for the year - - Question Paper
BAL third year ques. paper - Insurance Laws (code no. 360) for the year 2008- May 2008 conducted by the Annamalai University
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4. Deviation of voyage and delay would be fatal to marine policies of insurance. - Substantiate. Discuss the circumstances underwhich deviation or delay may be justified.
5. Explain with illustrations Fire Insurance. What are the characteristics of fire insurance ?
6. Discuss in detail the procedure for settlement of claims under fire insurance.
7. What do you mean by life insurance ? Briefly explain the various types of life insurance policies.
8. Explain briefly the various intermediaries operating or engaged in the insurance market of India.
9. Write short notes on any THREE of the following :
(a) Disability benefit.
(b) Principle of utmost good faith.
(c) Exclusion clause.
(d) Principle of subrogation.
Name of the Candidate :
13 2 5 B.A.L. DEGREE EXAMINATION, 2008
(THIRD YEAR)
( PAPER - XVI)
360. INSURANCE LAWS
May ] [ Time : 3 Hours
Maximum : 100 Marks
Answer any SIX questions.
All questions carry equal marks.
1. Define Insurance and state the fundamental elements involved in insurance.
2. Indemnity is the controlling principle of law of insurance and by reference to that principle all problems can be solved. - Discuss and explain with reference to life insurance contract.
3. Explain Marine Insurance. What do you understand by total or partial losses in marine insurance ?
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