B.A. LL.B. (Five Years) Sem 8 Insurance Law 2013 Jun Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) What is Insurance ? What are the elements of contract of Insurance ?
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2. Q1 OR State the history and development of Insurance in India.
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3. Q1 (b) Write short note on : Annuities
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4. Q1 OR Write short note on : Risk in Insurance
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UNIT - II

1. Q2 (a) What is Insurable interest ? State the insurable interest in life insurance.
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2. Q2 OR What is premium ? How premium is charged ? When right to claim a return of premium ?
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3. Q2 (b) Decide the following case : Shankar received the insurance amount in full and final settlement of his claim. But the company made a delay in payment of the amount. Whether Shankar is having right to make a complaint for delay in payment ?
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4. Q2 OR Decide the following case : Guru obtained Mediclaim Policy for him. Within one month of the policy obtained he admitted to the hospital. Company issued the certificate to Guru that he is entitled to receive the benefits under the policy, but subsequently repudiate to claim the amount on the grand that illness occurred within a month from commencement of the policy whether company estopped from raising objection ?
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UNIT - III

1. Q3 (a) What are the functions of the Life Insurance Corporation of India ?
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2. Q3 OR What is indemnity and subrogation in Insurance ?
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3. Q3 (b) Write short note on : Days of Grace in Life Insurance.
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4. Q3 OR Write short note on : Nomination of Life Insurance Policy.
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UNIT - IV

1. Q4 (a) Explain the general conditions in a standard Fire policy.
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2. Q4 OR Discuss the doctrine of proximate cause in fire insurance.
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3. Q4 (b) Decide the following case : Goods less by fire, insurance claim rejected on the ground that there was no actual ignition. Whether claim can be rejected on the ground that no actual ignition.
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4. Q4 OR Decide the following case : Fire Policy did not cover damage due to natural heating. But fire loss caused to the goods. Whether claim can be made ?
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UNIT - V

1. Q5 (a) Discuss the warranties in Marine Insurance.
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2. Q5 OR Explain the kinds of losses in Marine Insurance.
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3. Q5 (b) Decide the following : Latif got 'cover note' under a Marine Policy. Whether 'cover note' is a policy under the law ?
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4. Q5 OR Decide the following : Thomas got 'Valued policy' in Marine Insurance. Whether valued policy is a 'wagering policy'?
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.