S.No.

1497 17UBAS01/17UBXS01/
17UIBS01
(For the candidates admitted from 2017–2018 onwards)

B.B.A. DEGREE EXAMINATION, JANUARY 2022

Third Semester

FUNDAMENTALS OF INSURANCE

(Common for: B.B.A (CA)/B.B.A (IB))

Time : Three hours Maximum : 75 marks

PART A — (10  2 = 20 marks)

Answer ALL questions

1. What is an Insurance?

2. Write the some marine related losses.

3. What is revival?

4. What is Insurance premium?

5. Who is a pirate person?

6. What is the meaning of warranties?

7. What is fire Insurance?

8. Write the basic principle of fire insurance.

9. What is E cover note?

10. What is proportional Reinsurance?

PART B — (5× 5 = 25 marks)

Answer ALL questions, choosing either (a) or (b)

11. (a) What are the characteristics of an insurance?

Or
(b) Explain the functions of insurance in brief

12. (a) Explain the features of life assurance

contract.

Or
(b) Discuss the types of life insurance claims.

13. (a) Briefly explain the types of marine

insurance.

Or
(b) Explain the principles of marine insurance.

14. (a) Describe the significance of fire insurance.

Or
(b) Enumerate the different types of fire
insurance policies.

2 S.No. 1497
15. (a) What are the features of renewal?

Or
(b) Briefly explain the basic methods of
Reinsurance.

PART C — (3 × 10 = 30 marks)

Answer any THREE questions

16. Explain the benefits of Insurance.

17. Why Life Insurance is important?

18. Discuss the kinds of marine Losses.

19. Discuss the procedure for effecting fire insurance.

20. Explain the functions of reinsurance.

————————

3 S.No. 1497