*04030803* 0403/0803

IV Semester of 3 Year LL.B./VIII Semester of 5 Year B.A. LL.B./B.B.A. LL.B.

Examination, June/July 2016
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. Answers should be written in English or in Kannada.

Q. No. 1. Explain the basic principles of insurance contract. Marks : 16

ËÊÜÞ PÜÃÝÃÜáWÜÙÜ ÊÜáãÆ ñÜñÜÌWÜÙÜ®Üá° ËÊÜÄÔ.
Q. No. 2. What is risk ? State the scope of risk in different kinds of
insurance. Marks : 16
WÜívÝíñÜÃÜ Gí¨ÜÃæà®Üá ? ËË«Ü ËÊæá¿áÈÉ WÜívÝíñÜÃÜ¨Ü Êݲ¤¿á®Üá° £ÚÔ.
Q. No. 3. Define life insurance and discuss various kinds of life insurance. Marks : 16
iàÊÜ ËÊæá¿á®Üá° ÊÝÂTݯÔ. ËË«Ü ±ÜÅPÝÃÜ¨Ü iàÊÜ ËÊæá¿á®Üá° aÜbìÔ.
Q. No. 4. Explain duties and rights of insured in fire insurance. Marks : 16
¸æíQ ËÊæá ÊÜÞwÔÃÜáÊÜ ÊÜÂQ¤¿á PÜñÜìÊÜ ÊÜáñÜᤠÖÜPÜáRWÜÙÜ®Üá° ËÊÜÄÔ.
Q. No. 5. Explain about third party or compulsory insurance of Motor
Vehicles Act. Marks : 16
ÊæãàpÝÃÜ ÊÝÖÜ®ÜWÜÙÜ PÝÁᪿá ÊÜáãÃÜ®æà ÊÜÂQ¤ A¥ÜÊÝ PÜvÝx¿á ËÊæá¿á®Üá°
ËÊÜÄÔÄ.
Q. No. 6. Briefly discuss the provisions of Insurance Regulatory and
Development Act. Marks : 16
ËÊÜÞ ¯¿áíñÜÅ| ÊÜáñÜᤠA¼ÊÜ꩜ A—¯¿áÊÜá¨Ü E±ÜŸí«ÜWÜÙÜ®Üá° ÓÜíQұܤÊÝX
aÜbìÔ.
Q. No. 7. Discuss about ‘Change of Voyage’ and ‘Deviation’. Marks : 16
"¿Þ®Ü Ÿ¨ÜÇÝÊÜOæ' ÊÜáñÜᤠ"ÊÜÞWÜì Ÿ¨ÜÇÝÊÜOæ' WÜÙÜ PÜáÄñÜá aÜbìÔÄ.
P.T.O.
0403/0803 *04030803*
Q. No. 8. Write short note on any two of the following : Marks : 16
PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜPæR ÆZá q±Ü³~ ŸÃæÀáÄ :
(a) Public Liability Insurance.
ÓÝÊÜìg¯PÜ ÖæãOæWÝÄPæ ËÊæá.
(b) Registration of Insurance Companies.
ËÊÜÞ PÜí±Ü¯WÜÙÜ ®æãàí¨ÜOæ.
(c) Causa Proxima.
ÓÜËáà±Ü PÝÃÜ|.
Q. No. 9. Solve any two of the following problems : Marks : 20
PæÙÜX®Ü ¿ÞÊÜâ¨Ý¨ÜÃÜã GÃÜvÜá ÓÜÊÜáÓæÂWÜÙÜ®Üá° ¹wÔ :
(a) A ship is arrested in England for smuggling activities. Is the
insurer liable for the resulting loss ?
Jí¨Üá ÖÜvÜWÜá PÜÙÜÛ ÓÝWÝ~Pæ aÜoáÊÜqPæWÝX CíWæÉív…®ÜÈÉ Ÿí—ÓÜƳqr¨æ.
C¨ÜÃÜ ±ÜÄOÝÊÜá©í¨Ü BWÜáÊÜ ÖݯWæ ËÊÜÞPÜñÜì®Üá ÖæãOæWÝÃÜ®æà ?
(b) Raju had a life insurance policy which had lapsed due to
non-payment of premium. He applied for renewal and there
was a question in the renewal policy that whether he had
suffered any ailment or had undone any surgery from the
date of lapse to the date of renewal. He answered ‘No’.
Renewal was granted. Later the Insurance Co. came to know
that he had a mild cardiac arrest. Insurance Co. wants to
avoid liability. Can it do so ?
ÃÝgá GíŸáÊÜÊÜ®Üá iàÊÜ ËÊÜÞ ±ÝÈÔ¿á®Üá° Öæãí©¨Üª®Üá. ËÊÜÞ
PÜíñÜ®Üá° ñÜáퟨæ C¨Üª PÝÃÜ| ±ÝÈÔ¿áá ÃܨݪÀáñÜá. ±ÝÈÔ¿á
®ÜËàPÜÃÜ|PÝRX AÊÜ®Üá Aiì¿á®Üá° ÓÜÈÉԨܮÜá. B Aiì¿áÈÉ AÊÜ®Üá
Ãܨݪ¨Ü ©®Ü©í¨Ü ®ÜËàPÜÃÜ|¨Ü Aiì ÖÝQ¨Ü ©®Ü¨Ü JÙÜWÜvæ ¿ÞÊÜâ¨æà
A®ÝÃæãàWÜ©í¨Ü ŸÙÜÈ©ªàÃÝ GíŸ ±ÜÅÍæ° CñÜá¤. ÃÝgá A¨ÜPæR "CÆÉ'
Gí¨Üá EñܤÄÔ¨Ü. ±ÝÈÔ¿á ®ÜËàPÜÃÜ|ÊÝÀáñÜá. B¨ÜÃæ ËÊÜÞ PÜí±Ü¯Wæ
ÃÝgá B AÊܗ¿áÈÉ BñܯWæ ÆZá ÖÜê¨Ü¿Þ[ÝñÜÊÝXñÜᤠGí¨Üá £Ú¨Üá
ŸíñÜá. ËÊÜÞ PÜí±Ü¯¿áá C¨æà PÝÃÜ|ÊÜ®áÜ ° ÖæàÚ ñÜ®°Ü ÖæãOæWÝÄPæÀáí¨Ü
ñܲ³ÔPæãÙÜÛÆá Ÿ¿áÓÜáñܤ¨æ. A¨Üá ÖÝWæ ÊÜÞvܟÖÜá¨æà ?
(c) ‘A’ has insured his Godown containing sugar against fire. The
sugar is damaged due to heat by furnances. Is such damage
covered under the insurance policy ?
‘A’ ®Üá ñܮܰ EWÝÅ|¨ÜÈÉ C¨Üª ÓÜPÜRÃæ¿á®Üá° AX° ËÊæáWæãÚԨܮÜá.
PÜáÆáÊæáÀáí¨ÜáípÝ¨Ü PÝ˯í¨Ü ÓÜPÜRÃæ¿áá ÖݯWæãÙÜWÝX¨æ. D ÖݯWæ
ËÊÜÞ PÜí ±Ü¯ ¸Ý«ÜÂWæãÚÓܟÖÜá¨æà ?
________________