BALBA-1116
B.A. LL.B. (Semester - VI) Examination, October 2016
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INSURANCE
Duration : 3 Hours Max. Marks : 75
Instructions:
A) Answer any eight from questions from Q. No. 1 to Q. No. 12.
B) Q. No. 13 and Q. No. 14 are compulsory.
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C) Figures to the right indicate full marks.
(8x8=64)
- Explain the essential features of Insurance Contract.
- What is Life Insurance Contract? How does it differ from fire and marine contracts?
- What are the essential features of Fire Insurance ? Explain the rights of the insurer at the event of fire.
- Briefly explain different types of Marine Insurance Policy.
- Describe the perils of sea.
- Explain the doctrine of contribution.
- Discuss the warranties in a contract of Marine Insurance.
- What is deviation in marine adventure? When can it be excused?
- What are the functions of Life Insurance Corporation of India under the Act?
- Define Assignment. Explain how Life Insurance Policy can be assigned.
- Explain the concept of proximate cause under Marine Insurance.
- What is Disclosure? Distinguish it from representation.
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13. Write short notes on any two : (3x2=6)
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- Double Insurance.
- Days of Grace.
- Premium.
14. Write short notes on any two : (2x2.5=5)
- Re-insurance.
- Constructive total loss.
- Average clause.
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