B.A. LL.B. (Five Years) Sem 8 Insurance Law 2015 Jun Question Paper - KSLU

Questions asked in this paper

1. Q1 How contract of Insurance can be classified ? State the nature of contract of Insurance.
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2. Q2 Define Premium. How premium is charged and when the right to claim a return of premium exists ?
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3. Q3 Discuss the kinds of Life Insurance.
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4. Q4 Discuss the composition, powers and functions of General Insurance Corporations of India.
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5. Q5 Discuss the composition, powers and functions of claims tribunals under Motor Vehicles Act.
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6. Q6 Discuss the general conditions in a standard Fire Policy.
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7. Q7 Explain the nature and scope of Marine Insurance.
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Write short note on any two of the following :

1. Q8 (a) Functions and benefits of Insurance.
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2. Q8 (b) Double Insurance and Re-insurance and under-insurance.
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3. Q8 (c) Insurance Ombudsman.
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Solve any two of the following problems.

1. Q9 (a) Prakash takes out a life policy on his wife. He gave divorce to her. State the validity of the policy.
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2. Q9 (b) Pratheek insured for his goods against fire, subsequentl by he agreed to sell his goods to paramesh but before sale of goods, they lost by fire. State the claim of paramesh.
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3. Q9 (c) Bharath Insurance company given a "Cover note" to Mohan in a Marine Policy. Before issuing the policy Mohan's ship got damaged by sea perils. State the enforceability of contract under a "Cover note".
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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.