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3-TracNghiem BH EN SV
3-TracNghiem BH EN SV
2. The assured can be recovered/ compensated an amount higher than the loss value
of the subject matter insured (plus survey cost if any) in the below case:
a. Double insurance c. The sum insured A >V
b. The sum insured A <V d. None of the above
3. The value of the shipment is 10,000 USD. The buyer’s effected a contract of
insurance with insurable amount 7,000 USD. Which of the followings is true?
a. The buyer must pay 7,000 USD to the insurer for the latter’s protection against
loss / damage to these goods
b. The buyer must pay a small amount of money equivalent to R (insurance rate)
multiplying 7,000 to the insurer
c. The buyer must pay a premium based on the formular I=R (insurance rate ) x
10,000 to the insurer.
d. None of the above
5. At the time of effecting an insurance contract, it’s required that the insured…
a. Had the insurable interest in the subject matter insured
b. Had or may acquire the insurable interest in the subject matter insured latter
c. Must have a Bill of lading for the shipment
d. a and c
6. Under a sales contract with CIF rule (Incoterms 2010), the person who has
insurable interest in the insured goods after being laden on board is:
a. The exporter
b. The importer
c. Either the exporter or the importer, depending on different places in transit.
d. None of the above
7. If the shipment insured undervalue is damaged resulted from the carrier’s fault, the
insured may:
a. Claim all damaged value from the carrier
b. Claim all damaged value from the underwriter
c. Claim the amount of compensation from the insurer and submit the subrogation
letter to him, then the insurer must pass the excess proceeds claimed from the carrier
to the insured.
d. (a) or (c)
8. The liability of the insurer for the subject matter insured was NOT mentioned by
a. Checking the shipping documents of the shipment
b. Checking and ranking the class of the vessel to make sure she has seaworthiness
and fitness to carry the object insured
c. Surveying and paying compensation
d. Claiming the 3rd party if the losses / damages to the objects insured have been
caused by their fault
9. Because of the regular fall of the tide, the vessel must lie and wait for a time to
continue the adventure. Under ICC 2009, this is risk of …
a. Stranding and be covered for loss/ damage to the goods
b. Stranding but not be covered for loss/ damage to the goods
c. Grounding and be covered for loss/ damage to the goods
d. Grounding but not be covered for loss/ damage to the goods
10. A small part of the vessel Intan Jaya in transit from Pontianak Port, Indonesia was
damaged by lightning. However, the loaded goods thereon were still safe and the
vessel continued the marine adventure. For the loaded goods, this is ….
a. Covered risk c. War risk
b. Excluded risk d. None of the above.
13. The insured goods will NOT be compensated for their loss due to the carrying
vessel contacting with…
a. Oil drilling gantry c. Another vessel
b. Ice d. Water
15. Under ICC 2009, general average is covered under the clause:
a. ICC A c. ICC C
b. ICC B d. All above
18. which of the followings considers the entry of rain water into container as a
covered risk?
a. ICC A 2009 c. ICC C 2009
b. ICC B 2009 d. None of the above
20. The insurer is liable for loss/ damage to the subject matter insured resulted from…
a. Fire which is spread from adjacent goods.
b. Fire caused by neglect of the carrier’s servants from their cigarette ash
c. Fire by lightning
d. All of the above
21. Which act of jettisoning the goods into the sea is NOT covered by the insurer?
a. Jettison to make the ship lighter / refloat the ship
b. Jettison to speed up the ship and prevent her from being arrested by hostilities,
enemy
c. Jettison the burning goods to prevent from spreading fire to other goods
d. Jettison the rotten goods with unpleasant smell caused by the reason that the ship
had sheltered over a long period of time at the port of distress (to avoid the huge
storm)
22. The fruits carried in the ship sweated and were rotten due to the carelessness of the
carrier in controlling the temperature. This is covered by the insurer if the
insurance has been signed in clause …..
a. A b. B c. C d. None of the above
23. Insurance may cover from warehouse to warehouse. So, departure warehouse is…
a. Storage warehouse of semi products
b. Storage warehouse of finished products
c. Storage warehouse (at the place named in the Insurance Contract) for the purpose of
immediate loading on the carrying conveyance to commence transit
d. Warehouse for re-package the subject matter insured in the insurance contract
24. The goods had been commenced in transit, then the insured concluded an insurance
contract with period from warehouse to warehouse. If loss had occurred before the
contract of insurance was concluded, ………………
a. The Assured shall be entitled to recover for the loss from the Insurer unless the
Assured were aware of the loss when the contract was concluded.
b. The insurer is always entitled to reject the compensation for this loss
c. The insurer is entitled to compensate a part of the loss
d. b and c
26. Which factor DOES NOT determine the premium rate of a shipment?
a. The carrying vessel c. The transit time and insurance clause
b. Nature of packing and type of merchandise d. None of the above
27. A shipment with insurable value of 100.000USD is insured with insurable amount
50.000USD. The damaged value of the shipment is 1000 USD caused by the covered
risks. The amount of compensation is:
a. 1,000USD c. 25,000USD
b. 50,000USD d. 500USD
28. A shipment is valued at 2.000.000 USD (understood as CFR incoterms 2010) and
it is insured for full value CIF + anticipated profit 10%, R= 0,5%. Pls calculate
premium the insured shall pay.
a. I = 115,789. 47 USD c. I = 10,025.25 USD
b. I = 11,055.28USD d. All above are incorrect
29. The insured amount: 10,000 USD, deductible amount indicated in the insurance
document is 1,500 USD. Value of damage in transit is 8,000 USD caused by the
covered risks. What is the amount of compensation?
a. 4,000 USD c. 6,500 EUR
b. 8,000 USD d. None of the above