B.Com. (Part III) (Semester (New CBCS Pattern) Examination, 2018
Advanced Insurance (Paper II)
Day and Date Saturday, 8-12-2018 Max. Marks :70
Time 10.30 a.m. to 1.00 p.m.
N. B. All questions are compulsory.
Figures to the right indicate full marks.
1. Choose the correct alternative 14
Principle of is newly introduced in Fire Insurance.
Insurable interest Indemnity
Subrogation Contribution
The insurance which is taken for the benefit of employees is known as

Public insurance Employer's liability insurance
Third party insurance Group insurance
Fire insurance is a contract of
Profit Loss Indemnity All the above
Public Liability Act was passed in the year
1985 2005 1999 1991
Cattle Insurance Scheme was mainly started from for
rural farmers for their Cattles.
1974 1971 1956 1991
All Contract are contract of indemnity.
Life Insurance Fire Insurance
Social Insurance None of these
Re-instatement value policy is a type of Insurance.
Crop Life Marine Fire
is the first step in the procedure of taking fire insurance
policy.
Selection of Insurance Co. Information of fire
Payment of premium Valuation of loss
Comprehensive policy is the type of Insurance
Crop Cattle
Marine Motor accident P.T.O.
Set P
10) Policy is designed to give cover of insurance to the
properties situated at different location in the same town.
Floating Insurance Average Insurance
Time Insurance Declaration Insurance
11) In Policy, the amount of indemnity is clearly stated.
Voyage Insurance Floating Insurance
Valued Insurance None of these
12) Insurance Scheme was started by Govt. of India in the
year 1985.
Crop Motor Cattle Accident
13) When compensation is given for the property destroyed by fire, the right
on remaining property remains with
Government Fire brigade
Insurer Insurance Co.
14) After payment of first premium of fire insurance, the receipt received from
the company is called as
Proposal Cover note Report Bonus
2. Write short notes 14
Crop Insurance
Cattle Insurance.
3. Write short answers 14
Importance of fire insurance
Employers liability insurance.
4. Write any one of the following 14
Explain different types of Fire Insurance Policy.
OR
Define Fire Insurance. Explain the procedure of taking Fire Insurance Policy.
5. Write any one of the following 14
Explain various conditions in Fire Insurance.
OR
Explain principles of Fire Insurance.