B.A. LL.B. (Five Years) Sem 8 Insurance Law 2021 Mar Question Paper - KSLU

Questions asked in this paper

1. Q1 Discuss the State control of Insurance Business in India.
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2. Q2 What is assignment of an Insurance Policy ? State the rules relating to assignment of policies in contract of Insurance.
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3. Q3 Who are the persons entitled to payment of Life Insurance Money ?
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4. Q4 Discuss the composition, powers and functions of General Insurance Corporation of India.
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5. Q5 Who can Insure the property against fire ? Explain the rights and duties of the Insurer under the fire policy.
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6. Q6 Discuss about 'Change of Voyage' and 'Deviation'.
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7. Q7 Discuss about the composition, powers and functions of claims tribunals under Motor Vehicle Act 1988.
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Write short notes on any two of the following :

1. Q8 (a) Functions and benefits of Insurance
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2. Q8 (b) Insurance Ombudsman
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3. Q8 (c) Compulsory Insurance of Motor Vehicles.
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Solve any two of the following problems :

1. Q9 (a) Where a third party with an intention to commit suicide deliberately throws himself under a motor vehicle. Can his legal representatives claim for compensation ? Decide.
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2. Q9 (b) The rats gnawed a hole in a pipe and sea water entered damaging the cargo of wheat and there was no negligence on the port of the carrier, whether the Insurance Comapny is liable for the loss ?
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3. Q9 (c) Santosh Insured his sugar in the godown against fire for an amount of Rs. 50 lakhs. In a fire accident his sugar stock worth of Rs. 38 lakhs lost by fire. To what extent Insurance Company is liable for the loss.
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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.