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Other Bachelor Degree-Bachelor of Social Legal Science (B.S.L) 8th Sem INSURANCE LAW(University of Pune, Pune-2013)

Tuesday, 18 November 2014 04:28Nitha

IV - B.S.L. (Semester - VIII)

Fourth Year of the Five Year Law Course

INSURANCE LAW

(2003 Pattern) (Optional Paper 28 (B))

 

 

Time : 3 Hours]                                                                                         [Max. Marks : 100

 

 

Instructions to the candidates :

1) All questions are compulsory.

2) Figures to the right indicate full marks.

 

Q1) Discuss the importance of insurance to individuals, industry and the Indian

economy.                                                                                                                   [16]

OR

What is life insurance? Discuss how a life insurance contract is formed.

Q2) Explain the principles of indemnity with reference to life and non-life

insurance.                                                                                                               [16]

OR

Discuss the importance of good faith in contracts of life and non-life

insurance.

Q3) What is a nomination? How is it made? Distinguish with reference to insurance

between a nomination, an assignment and succession to property? [16]

OR

What are the provisions about voting rights and capital structure under the

Insurance Act 1938.

Q4) What are the provisions relating to compulsory insurance under the Motor

Vehicles Act.                                                                                                             [16]

OR

Three types of applications that can be made by victims of accidents under

the Motor Vehicles Act. Which are they? Highlight their differences.

Q5) Explain the role of the IRDA in relation to protection of consumer interests,

and development of insurance industry.                                                     [16]

OR

What is the law relating to commission to insurance agents?

P.T.O.


Q6) Write short notes on any four :

a) Contribution.

b) Pure risks.

c) Insurable interest in life insurance.

d) Excepted perils.

e) Reinsurance.

f) Personal Injuries (Compensation Insurance) Act, 1963.

g) General Insurance Corporation.


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