B.A. LL.B. (Five Years) Sem 8 Insurance Law 2025 Jun Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) "Indemnity is the controlling principle in insurance contract, but all insurance contract are not contracts of indemnity". Discuss.
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2. Q1 OR Explain the composition and functions of insurance regulatory and development authority.
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3. Q1 (b) Write short notes on : History of marine insurance.
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4. Q1 OR Write short notes on : Register of insurance agent under The Insurance Act, 1938.
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UNIT - II

1. Q2 (a) What is the material fact in insurance contract ? State the consequences of non-disclosure of material fact.
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2. Q2 OR What is premium ? Under what circumstances it can be recovered back ?
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3. Q2 (b) Write short notes on : Principle of "Causa Proxima".
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4. Q2 OR Write short notes on : Days of grace.
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UNIT - III

1. Q3 (a) Analyse the law relating to assignment and nomination of life policy.
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2. Q3 OR Distinguish between health insurance and medical insurance.
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3. Q3 (b) Decide the following case : Mr. Robert insured his life with an insurer for Rs. 5,00,000 (Five Lakh) on 31-01-2020. He subsequently commit suicide on 31-12-2021. Can his heirs recover the policy amount from the insurer ? Advise him.
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4. Q3 OR Decide the following case : Mr. Ankith a KSRTC conductor having no driving licence, the bus and met with an accident which caused death of 20 passengers of the bus. Is the insurance company liable to pay the compensation ? Decide.
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UNIT - IV

1. Q4 (a) Discuss the doctrines "Subrogation" and "Contribution" in fire insurance contract.
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2. Q4 OR Outline the reasons and objective of introducing agricultural insurance in India.
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3. Q4 (b) Decide the following case : Mrs. Vaishnavi has insured her jewels against loss by fire. During summer she kept the jewels in a newspaper and placed them for safety in the fire-place to prevent burglars from noticing them. Later without removing jewels, as she forgot about them. She set the fire and they were burnt and damaged. Is insurer liable for the loss ? Advise him.
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4. Q4 OR Decide the following case : Mr. Sharan a gunny trader obtained insurance for his stock worth of Rs. 50 lakhs and Oriental Insurance Company issued the fire policy to him for the same. While the contract was in force the entire stock of gunnies was destroyed by fire. The surveyor had recommended payment, higher than the value of the policy, but National Commission for Reddressal of Consumer Dispute without relying on the surveyor's report awarded a compensation less than the policy amount. Can National Commission do so ? Advise him.
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UNIT - V

1. Q5 (a) Explain the various kinds of policies in marine insurance.
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2. Q5 OR Discuss about "Change of Voyage" and "Deviation".
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3. Q5 (b) Write short notes on : Insurable Values.
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4. Q5 OR Write short notes on : "Inchamaree" clause.
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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.