LOYOLA COLLEGE (AUTONOMOUS), CHENNAI –600 034

B.Com, DEGREE EXAMINATION – COMMERCE

FIFTH SEMESTER – APRIL 2004

CO 5400/COM 400 – INSURANCE

17.04.2004                                                                                                           Max:100 marks

1.00 – 4.00

 

SECTION – A

 

Answer ALL questions                                                                                (10 ´ 2 = 20 marks)

 

1. Give the contractual definition of Insurance.
2. What is meant by Liability Insurance?
3. What is Lloyd’s Association?
4. What is the role of Employees State Insurance Corporation?
5. What is deposit Insurance Corporation?
6. What is meant by insurable interest.
7. Is insurance a gamble.
8. Distinguish Assignment from Nomination.
9. What is Hall insurance?
10. What is LIVESTOCK insurance?

 

SECTION – B

 

Answer any FIVE questions                                                                        (5 ´ 8 = 40 marks)

 

11. Explain the various kinds of Motor Insurance policies.
12. What are the uses of Fire Insurance?
13. Discuss the various type of Marine perils.
14. Explain the Principles of investments under Insurance.
15. What are the differences between Fire Insurance and Marine Insurance.
16. Discuss the uses of Insurance to an individual.
17. Write a note on Types of Insurance organization in India.
18. What are the differences between Anmity contracts and life Insurance polices.

 

SECTION – C

 

Answer any TWO questions                                                                        (2 ´ 20 = 40 marks)

 

19. Explain the essential features of Insurance contract.
20. Describe the various clauses of marine policy.
21. Write an essay on various kinds of Fire Insurance polices.

 

 

 

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