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problem 1:

a) describe the scope of insurable interest in life, marine and fire insurance and state when such interest must subsist in each case.

b) describe the significance of social security.

problem 2: Proximate cause does not mean the earliest or the latest in time. It means the direct, dominant and efficient cause. Elucidate with reference to fire and marine insurance contracts.

problem 3: describe the concept of sea worthiness in marine insurance contracts.

problem 4: describe the nature and consequences of double insurance and state the rights of the insurers in these and the assured.

problem 5: Mention various kinds of fire insurance policies.

problem 6: describe the law relating to motor insurance policies.

problem 7: Define the term risk. describe the significance of the same in insurance contracts.

problem 8: describe different kinds of losses in relation to marine insurance contracts.

problem 9: prepare short notes on any TWO of the following:

a) Surrender value.
b) Clauses in a fire policy.
c) Assurance and insurance.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M93747

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