Download PTU M.Com 2020 March 4th Sem 72416 Principles And Practices Of Life Insurance Question Paper

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Roll No. [ TTTT ] Total No. of Pages : 02

Total No. of Questions : 09

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M.Com.(Professional) (Sem.-4)

PRINCIPLES AND PRACTICES OF LIFE INSURANCE

Subject Code : MCOP BI-404

M.Code : 72416

Time : 3 Hrs. Max. Marks : 80

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INSTRUCTION TO CANDIDATES :

1. SECTIONS-A, B, C & D contains TWO questions each carrying FIFTEEN marks and students has to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY marks in all.

SECTION-A

1. Discuss the major principles of Life assurance in detail.

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2. Write notes on the following :
   1. Net Single Premium
   2. Insurable Interest

SECTION-B

1. Discuss the different factors you would consider while buying a life insurance policy.

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2. Write a detailed note on the growth of life insurance in India.

SECTION-C

1. Discuss the importance of health insurance in today’s times.
2. Discuss the various insurance plans for employees in detail.

SECTION-D

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1. Discuss the functions of IRDA in detail.
2. Discuss the implications of privatization of insurance business in India. Has it benefitted? Give your arguments.

SECTION-E

1. Write short notes on the following :
   1. Define Risk.
   2. Objectives of Insurance

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   3. What is Liability?
   4. What is Insurance?
   5. Define Indemnity
   6. What is Disability?
   7. Who is a Broker?

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   8. What is Full disclosure?
   9. What is Claim?
   10. What is Surgical Insurance?

NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any page of Answer Sheet will lead to UMC against the Student.

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