B.A. LL.B. (Five Years) Sem 8 Insurance Law 2026 Jan Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) Explain the composition and functions of Insurance Regulatory and Development Authority.
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2. Q1 OR Explain briefly the provisions of Insurance Act, 1938.
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3. Q1 (b) Write a short note on classification of contract of Insurance.
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4. Q1 OR Write a short note on Re-instatement and Re-insurance.
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UNIT - II

1. Q2 (a) Explain the principle of utmost good faith and non-disclosure in insurance contract.
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2. Q2 OR Discuss the principles of 'contribution' and 'subrogation'.
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3. Q2 (b) Explain the principle of 'causa proximo' .
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4. Q2 OR Principle of Loss Minimization.
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UNIT - III

1. Q3 (a) Define life insurance. Discuss different kinds of life insurance policies.
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2. Q3 OR Discuss the circumstances affecting the risk in life insurance.
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3. Q3 (b) Explain the powers and procedures of the Motor Accident Claims Tribunal.
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4. Q3 OR 'A', a KSRTC conductor having no driving licence driven the Bus and met with the accident which caused death of 10 passengers of the Bus. Is Insurance company liable to pay compensation ?
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UNIT - IV

1. Q4 (a) Define Fire Insurance. Explain Insurable interest in Fire Insurance.
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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 godown containing sugar against fire. The sugar is damaged due to heat by furnaces. Is such damage covered under the Insurance Policy ?
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UNIT - V

1. Q5 (a) Explain the different kinds of losses in Marine Insurance.
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2. Q5 OR What is warranty ? Explain the different kinds of warranties in Marine Insurance.
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3. Q5 (b) Perils of the sea.
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4. Q5 OR A ship belong to India is captured in England for the smuggling activities. Is the insurer liable for the loss of ship ?
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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.