Exam Details
| Subject | law of insurance (optional-ii) | |
| Paper | ||
| Exam / Course | b.a. ll.b. | |
| Department | ||
| Organization | Hidayatullah National Law University | |
| Position | ||
| Exam Date | April, 2018 | |
| City, State | chhattisgarh, raipur |
Question Paper
I.D.
END TERM EXAMINATION, APRIL-2018
B.A.LL.B. (HONS.)
SEMESTER-X
Law of Insurance (Optional-II)
Max. Marks: 60 Time Allowed: 3:00 Hrs.
Note: Answer five questions including Question No. 1 which is compulsory.The number of marks carried by each
question is indicated at the end of the question.
1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20)
a. Explain the significance of Lloyd's Coffee House.
b. What do you understand by Subrogation?
c. What do you mean by Perils of the Sea?
d. Explain the essential elements of
e. Distinguish between Insurance Contract and Wagering Agreement.
f. Principle of 'Utmost good faith'.
g. What is 'Causa Proxima'?
h. Core functions of Life Insurance Corporation.
i. Burglary Insurance.
j. Voyage and Deviation.
2. "X" owes "Y" Rs.10,00,000/- insures life for a like amount. "X" repays the debt to "Y". "X" then dies.
Can "Y" claim the amount of policy? Justify.
(Marks 04)
What do you understand by the Principle of Indemnity? Whether the contract of life insurance is a contract of
indemnity? If so, give the instances with relevant legal provisions and case laws.(Marks 06)
3. "Insurance is a co-operative device to spread the loss caused by a particular risk over a number of persons who are
exposed to it and who agree to ensure themselves against that risk. Risk is uncertainty of a financial loss."
In the light of the above statement, explain the concept, nature and functions of Insurance. (Marks 10)
4. What do you understand by "Insurable Interest" in connection with Life, Fire and Marine Insurance? When must it
subsist in the case of Fire, Marine and Life Insurance? Enumerate the different kinds of insurable interest
recognized by law with the help of relevant legal provisions and case laws. (Marks 10)
5. What are the essential elements of Marine Insurance Contract? Explain the Implied Warranties in Marine
Insurance Contract with relevant provisions and case laws.
(Marks 10)
6. Explain the role and functions of the Insurance Regulatory and Development Authority (IRDA) and also discuss
how far it is successfulin growth and development of Insurance business in India.Give Instances.(Marks 10)
7. Answer the following: (Marks-5×2=10)
a. Third party Insurance
b. Distinguish between Double Insurance and Re-insurance
END TERM EXAMINATION, APRIL-2018
B.A.LL.B. (HONS.)
SEMESTER-X
Law of Insurance (Optional-II)
Max. Marks: 60 Time Allowed: 3:00 Hrs.
Note: Answer five questions including Question No. 1 which is compulsory.The number of marks carried by each
question is indicated at the end of the question.
1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20)
a. Explain the significance of Lloyd's Coffee House.
b. What do you understand by Subrogation?
c. What do you mean by Perils of the Sea?
d. Explain the essential elements of
e. Distinguish between Insurance Contract and Wagering Agreement.
f. Principle of 'Utmost good faith'.
g. What is 'Causa Proxima'?
h. Core functions of Life Insurance Corporation.
i. Burglary Insurance.
j. Voyage and Deviation.
2. "X" owes "Y" Rs.10,00,000/- insures life for a like amount. "X" repays the debt to "Y". "X" then dies.
Can "Y" claim the amount of policy? Justify.
(Marks 04)
What do you understand by the Principle of Indemnity? Whether the contract of life insurance is a contract of
indemnity? If so, give the instances with relevant legal provisions and case laws.(Marks 06)
3. "Insurance is a co-operative device to spread the loss caused by a particular risk over a number of persons who are
exposed to it and who agree to ensure themselves against that risk. Risk is uncertainty of a financial loss."
In the light of the above statement, explain the concept, nature and functions of Insurance. (Marks 10)
4. What do you understand by "Insurable Interest" in connection with Life, Fire and Marine Insurance? When must it
subsist in the case of Fire, Marine and Life Insurance? Enumerate the different kinds of insurable interest
recognized by law with the help of relevant legal provisions and case laws. (Marks 10)
5. What are the essential elements of Marine Insurance Contract? Explain the Implied Warranties in Marine
Insurance Contract with relevant provisions and case laws.
(Marks 10)
6. Explain the role and functions of the Insurance Regulatory and Development Authority (IRDA) and also discuss
how far it is successfulin growth and development of Insurance business in India.Give Instances.(Marks 10)
7. Answer the following: (Marks-5×2=10)
a. Third party Insurance
b. Distinguish between Double Insurance and Re-insurance
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- competition law
- constitutional governance-1
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- copyright
- corporate finance
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- criminal justice system
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- cyber law (opt.-ii)
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- english literature
- environmental law
- family law-i
- family law-ii
- federalism
- fundamental rights & its enforcement
- general english & legal language
- geographical indications
- indian economy
- indian penal code (ipc)
- indirect tax (optional-i)
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- international commercial law
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- international trade law
- introduction to sociology
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- labour law-ii
- land laws
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- law of insurance (optional-ii)
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- political science (major): international relations
- political theory (major)
- political thought
- principles of economics (minor)
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