B.A. LL.B. (Five Years) Sem 8 Insurance Law 2024 Aug Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) Discuss the history and development of Insurance in India.
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2. Q1 OR Define Contract of Insurance. Discuss the classification of contracts of insurance.
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3. Q1 (b) Write a short note on : Re-insurance and reinstatement
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4. Q1 OR Write a short note on : Powers and functions of Insurance Regulatory and Development Authority (IRDA).
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UNIT - II

1. Q2 (a) 'A' contract of insurance is a contract of utmost good faith.' - Explain.
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2. Q2 OR Discuss the principles of 'Contribution' and 'subrogation'.
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3. Q2 (b) Write short note on : Principle of indemnity.
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4. Q2 OR Write short note on : Premium.
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UNIT - III

1. Q3 (a) Define Life Insurance. Explain the various kinds of Life Insurance Policies.
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2. Q3 OR Discuss about the claims tribunal under the Motor Vehicles Act, 1988
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3. Q3 (b) Write short note on : 'No fault liability' under Motor Vehicles Act.
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4. Q3 OR 'A' takes out a policy on the life of 'B' whom he proposes to marry. Is it valid ?
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UNIT - IV

1. Q4 (a) Explain the rules governing the assignment of 'Fire Insurance Policies'.
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2. Q4 OR Explain the salient features of Public Liability Insurance Act, 1991.
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3. Q4 (b) Write a short note on : Agriculture Insurance.
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4. Q4 OR 'A' has insured his house against fire. After A, the seller agreed to sell the same house to 'B', the purchaser. But before the completion of the sale, the house was burnt down. Is purchaser 'B' entitled to insurance amount ? Decide.
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UNIT - V

1. Q5 (a) What is marine insurance ? Explain the kinds of marine policies.
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2. Q5 OR Discuss about 'Change of Voyage' and 'Deviation'.
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3. Q5 (b) A vessel worth Rs. 40 crores was insured for Rs. 20 crores with 'X' insurer and for 10 crores with 'Y' insurer. The ship was damaged due to perils and the damages were to the tune of Rs. 9 crores. What amount can be recovered from 'X' and 'Y'.
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4. Q5 OR Write short note on : Perils of the sea.
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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.