*04030803* 0403/0803

Fourth Semester Third Year LL.B. / Eighth Semester 5 Year B.A.LL.B./

B.B.A.LL.B. Examination, June/July 2015
OPT – I : INSURANCE LAW

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer Q.No. 9 and any five of the remaining questions.

2. Q.No.9 carries 20 marks and the remaining questions carry

16 marks each.

3. Answer should be written in English or Kannada completely.

Q. No. 1. How contract of Insurance can be classified ? State the nature of

contract of Insurance. Marks : 16
ËÊÜÞ PÜÃÝÃÜ®Üá° ÖæàWæ Ë»ÝXÓܟÖÜá¨ÝX¨æ ? ËÊÜÞ PÜÃÝÄ®Ü ÓÜÌ»ÝÊÜÊÜ®Üá°
£ÚÔ.

Q. No. 2. Define Premium. How premium is charged and when the right to
claim a return of premium exists ? Marks : 16
ËÊÜÞPÜíñÜ®Üá° ÊÝÂTݯÔ. ËÊÜÞPÜíñÜ®Üá° ÖæàWæ ˗ÓÜáñݤÃæ ÊÜáñÜᤠËÊÜÞPÜíñÜ®Üá°
¿ÞÊÝWÜ ×í±Üvæ¿ááÊÜ ÖÜPÜáR CÃÜáñܤ¨æ ?

Q. No. 3. Discuss the kinds of Life Insurance. Marks : 16

iàÊÜ ËÊæá¿á Ë«ÜWÜÙÜ®Üá° aÜbìÔ.

Q. No. 4. Discuss the composition, powers and functions of General

Insurance Corporations of India. Marks : 16
»ÝÃÜ£à¿á ÓÝÊÜޮܠËÊÜÞ ¯WÜÊÜá¨Ü ÃÜaÜ®æ, A—PÝÃÜ ÊÜáñÜᤠPÝ¿áìWÜÙÜ®Üá°
aÜbìÔ.
P.T.O.
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Q. No. 5. Discuss the composition, powers and functions of claims tribunals

under Motor Vehicles Act. Marks : 16

ÊæãàpÝÃÜá PÝÁᪿáw¿áÈÉ PæÉàÊÜáá ®Ý¿á ÊÜáívÜÚWÜÙÜ ÃÜaÜ®æ, A—PÝÃÜ

ÊÜáñÜᤠPÝ¿áìWÜÙÜ®Üá° aÜbìÔ.

Q. No. 6. Discuss the general conditions in a standard Fire Policy. Marks : 16

Jí¨Üá ÊÜÞ¨ÜÄ AX°ËÊÜÞ ±ÝÈÔ¿áÈÉÃÜáÊÜ ÓÝÊÜޮܠÐÜÃÜñÜá¤WÜÙÜ®Üá° aÜbìÔ.

Q. No. 7. Explain the nature and scope of Marine Insurance. Marks : 16

PÜvÜÆ ËÊæá¿á ÓÜÌ»ÝÊÜ ÊÜáñÜᤠÊݲ¤¿á®Üá° ËÊÜÄÔ.

Q. No. 8. Write short note on any two of the following : Marks : 2×8=16

¿ÞÊÜâ¨Ý¨ÜÃÜá PæÙÜX®Ü GÃÜvÜPæR ÆZá q±Ü³~ ŸÃæÀáÄ :

a) Functions and benefits of Insurance.

ËÊæá¿á PÝ¿áìWÜÙÜá ÊÜáñÜᤠE±ÜÁãàWÜWÜÙÜá.

b) Double Insurance and Re-insurance and under-insurance.

PÜwÊæá ÊÜåèÆ ËÊæá, ÊÜáÃÜá ËÊæá ÊÜáñÜᤠ¨Üá±Ü³oár ËÊæá.

c) Insurance Ombudsman.

ËÊæá¿á KíŸvÜÕÊÜᮅ.

Q. No. 9. Solve any two of the following problems. Marks : 2×10=20

PæÙÜX®Ü GÃÜvÜá ÓÜÊÜáÓæÂWÜÙÜ®Üá° ¹wÔ :

a) Prakash takes out a life policy on his wife. He gave divorce to her.
State the validity of the policy.

±ÜÅPÝÍÜ®Üá ñܮܰ ÖæívÜ£¿á ÖæÓÜÄWæ Jí¨Üá iàÊÜËÊæá ±ÝÈÔ¿á®Üá° ±Üv橨ݪ®æ. AÊÜ®Üá

ñܮܰ ÖæívÜ£Wæ Ëaæfà¨Ü®Ü ¯àw¨Ýª®æ. ±ÝÈÔ¿á FiìñÜ¨Ü ŸWæY £ÚÔ.
*04030803* -3- 0403/0803

b) Pratheek insured for his goods against fire, subsequentl by he agreed

to sell his goods to paramesh but before sale of goods, they lost by
fire. State the claim of paramesh.

±ÜÅ£àPÜ®Üá ñܮܰ ÊÜÓÜá¤WÜÚWæ AX° ®ÜÐÜr¨Ü ËÃÜá¨Üª ËÊæá ±Üv橨ݪ®æ, ®ÜíñÜÃÜ AÊÜ®Üá ñܮܰ
ÊÜÓÜá¤WÜÙÜ®Üá° ±ÜÃÜÊæáàÍܯWæ ÊÜÞÃÝo ÊÜÞvÜÆá J²³PæãíwÃÜáñݤ®æ B¨ÜÃæ ÊÜÓÜá¤WÜÙÜá
ÊÜÞÃÝo ±ÜäÊÜì¨ÜÈÉÁáà AX° ®ÜÐÜrPæãRÙÜWÝWÜáñܤÊæ. ±ÜÃÜÊæáàÍÜ®Ü ÖÜPÜR®Üá° £ÚÔ.
c) Bharath Insurance company given a “Cover note” to Mohan in a Marine
Policy. Before issuing the policy Mohan’s ship got damaged by sea
perils. State the enforceability of contract under a “Cover note”.

»ÝÃÜñ… ËÊÜÞ PÜí±Ü¯¿áá ÊæãàÖÜ®…Wæ ""PÜÊÜÅ ®æãàp…'' ®Üw¿áÈÉ PÜvÜÆ

ËÊæá¿á®Üá° ¯àw¨æ. PÜvÜÆ ±ÝÈÔ¿á®Üá° ¯àvÜáÊÜ Êæã¨ÜÇæà ÊæãàÖÜ®…®Ü ÖÜvÜWÜá
PÜvÜÆ WÜívÝíñÜÃÜ©í¨Ü ÖݯWæãÙÜWÝWÜáñܤ¨æ. ""PÜÊÜÅ ®æãàp…'' ®Üw¿áÈÉ PÜÃÝÄ®Ü
FiìñÜñæ¿á®Üá° £ÚÔ.

________________