LOYOLA COLLEGE (AUTONOMOUS), CHENNAI –600 034

B.Com., DEGREE EXAMINATION – COMMERCE

FIFTH SEMESTER – NOVEMBER 2004

CO 5400/COM 400 – INSURANCE

03.11.2004                                                                                                            Max:100 marks

9.00 – 12.00 Noon

 

 

SECTION – A

 

 

Answer ALL the questions. (5 lines each)                                              (10 ´ 2 = 20 marks)

 

1. Define Insurance as a Contract.
2. What is Lloyd’s Association?
3. What is Employees State Insurance Corporation?
4. What is JEEVAN SAATHI?
5. Write a note on JEEVAN KISHOR Policy.
6. Distinguish Annuity Contract from Life Insurance Contract.
7. What do you mean by Surrender value?
8. What is Hull Insurance?
9. What is the meaning of Fire under Fire Insurance Contract?
10. Define the term Burglary under Insurance.

 

SECTION – B

 

 

Answer any FIVE questions. (Answers should not exceed 2 pages each)    (5 ´ 8 = 40 marks)

 

11. Explain the functions of Insurance.
12. Discuss the various insurance organizations existing in India.
13. Bring out the differences between Fire Insurance and Life Insurance.
14. Explain four policies of Marine Insurance.
15. Discuss about the various Marine Perils.
16. How can you prevent the Loss by Fire?
17. Write a note on Cattle Insurance and Crop Insurance.
18. Explain the Principles of Investment.

 

SECTION – C

 

Answer any TWO questions. (Answers should not exceed 6 pages each)   (2 ´ 20 = 40 marks)

 

19. Discuss the role and Importance of Insurance.
20. Explain the Principles of Insurance Contract.
21. Describe the Various clauses of Marine Policy.

 

 

 

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