Total No.

of Pages: 1
5941
Register Number:
Name of the Candidate:
B.A.L. DEGREE EXAMINATION, May 2015
(THIRD YEAR)

360: INSURANCE LAW S

Time: Three hours Maximum: 100 marks

Answer any SIX questions

1. Define Insurance and Discuss the nature of a contract of Insurance.

2. Discuss how for the life Insurance contract is a contract of utmost good faith.

3. Explain salient features a Marine Insurance contract.

4. What are the essential features of a fire Insurance contract and what are the
rights of the Insurer under such a contract?
5. What is meant by insurable interest? Explain its significance in a contract of Fire
insurance.

6. Explain the contract of insurance and distinguish the same from that of
Contract of indemnity.

7. Explain the liability of an insurance in case of suicide committed by the

assured.

8. Explain the powers of the central Government over the Life Insurance
corporation of India.
9. W rite short notes on any TW O of the following:
a) Losses not regarded as perils of the sea.
b) Annuity policy.
c) Endowment insurance.
d) Lloyd’s policy.
$$$$$$$