LLB 3 Years Sem 6 Law Of Insurance Apr 2014 Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 ‘Write short anwers {not more than two sentences) What is insurable property under The Marine Insurance Act,1963? Who is Actuary Under the Life business
   • c) What is suicide clause?
   • d) What is the meaning of Maritime Perils under Marine Insurance Act, 1963 ? f} What is Fire Busthess What is Aleatory Contract ?
   • h) What is General insurarice Po What is the of Matu rity of Policy
   • j) What do you mean by Double Insurance ? Write Short Notes Four) of Contract of
   • b) Doctrine of
   • c) Insurance Intermediaries e} or Kinds of Marine Policies Answer Any Two,
   • A) Mr. Jadhav & his wife each signed a proposal for a joint life policy on their lives & both contributed towards the premium.After the policy was taken the wife committed suicide & the husband claimed the sum assured. The insurer alleged that at the time of taking the policy the husband had no insurable interest in his
2. Q2 Does the have any insurable interest in the life of his wife ? insurable interest a requirement under the Inurance Act? Why ? Mr. Ramrajan was an owner of the private car & his car was insured underthe comprehensive policy.He his car for Tours & Travels without car,was met.with on Banglore highway & driver alongwith Is Mr. Ramrajan entitled to get the compensation of damaged car ? Why ?
3. Q2 Whether a legal heir of the deceased pe rsons will get the compensation by the Insurance. company ? Why ? Smt. Alka , widow of. Arun who had policy of insurance for Rs. 12 2000. While taking the policy life assured did not discloed material fact that he was suffering from cancer & had been taking treatment. After his death smt. Alka intimated the insurer about the death of her husband & demanded payment of is an insurer liable to pay the-full claim to the widow or premiums paid to LIC of india ? What are the grounds for
4. Q2 Whether the court can upheld the principle that What are the different modes of discharge of Insurance Contract ?
   • b) Explain in detail assignment of the life fire & marine policies Explain the nature of Fire Ingurance contract d} What is the role A. > Explain in detail the cond itions of the

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