CONFIDENTIAL BA/DEC 2019/INS275/271

UNIVERSITI TEKNOLOGI MARA

FINAL EXAMINATION

COURSE PROPERTY AND PECUNIARY

INSURANCE/PROPERTY AND PECUNIARY
INSURANCE II

COURSE CODE INS275/271

EXAMINATION DECEMBER 2019

TIME 3 HOURS

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of five (5) questions.

2. Answer ALL questions in the Answer Booklet. Start each answer on a new page.

3. Do not bring any material into the examination room unless permission is given by the
invigilator.

Please check to make sure that this examination pack consists of :

i) the Question Paper

ii) an Answer Booklet - provided by the Faculty

Answer ALL questions in English.

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO

This examination paper consists of 3 printed pages
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CONFIDENTIAL BA/DEC 2019/INS275/271

QUESTION 1

a) Discuss any five (5) general exclusion stated in burglary insurance policy.
(10 marks)

b) Explain the following:

i) theft definition in accordance to panel code

(4 marks)
ii) basis of sum insured for all risk insurance policy.
(6 marks)

QUESTION 2

a) Describe the following term in relation to money insurance policy:

i) key warranty
(5 marks)
ii) negotiable money
(5 marks)
iii) business hours.
(5 marks)

b) List the four (4) types of cover under fidelity guarantee insurance policy.
(5 marks)

QUESTION 3

a) Describe the scope of coverage provided by credit insurance policy.

(5 marks)

b) Discuss the various parties involved in surety bond.

(10 marks)

c) Explain the scope of coverage for single transit under good in transit insurance policy.

(5 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

 CONFIDENTIAL BA/DEC 2019/INS275/271

QUESTION 4

a) Discuss special exclusions to section 1 in contractors' all risk insurance policy.

(10 marks)

b) Describe any five (5) boiler and pressure plant which operates under high pressure and
subject to the risk of explosion or collapse.
(10 marks)

QUESTION 5

a) Discuss the following:

i) various cost insured under section 1 of erection all risk insurance policy
(5 marks)

ii) any five (5) examples on types of risk covered under contractor all risk insurance as
well as erection all risk insurance policy.
(5 marks)

b) Explain the following:

i) scope of cover under plate glass insurance policy

(5 marks)
ii) underwriting consideration under livestock insurance policy.
(5 marks)

END OF QUESTION PAPER

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL