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Im 2019..

This document appears to be an exam for a BBA degree in business administration, focusing on the elective of insurance management. The exam is divided into three parts. Part A contains 10 short answer questions defining insurance terms. Part B contains 5 longer answer questions choosing between two options on topics like the importance of insurance management and the classification of insurance policies. Part C contains 3 essay questions where students must answer any three, covering topics such as the principles of insurance contracts, features of life insurance, and trends in marine insurance.

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39 views3 pages

Im 2019..

This document appears to be an exam for a BBA degree in business administration, focusing on the elective of insurance management. The exam is divided into three parts. Part A contains 10 short answer questions defining insurance terms. Part B contains 5 longer answer questions choosing between two options on topics like the importance of insurance management and the classification of insurance policies. Part C contains 3 essay questions where students must answer any three, covering topics such as the principles of insurance contracts, features of life insurance, and trends in marine insurance.

Uploaded by

Ꮢ.Gᴀɴᴇsн ٭ʏт᭄
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Ws 17

F–2413 Sub. Code


7BBAE2B

B.B.A. DEGREE EXAMINATION, NOVEMBER 2019

Fifth Semester

Business Administration

Elective: INSURANCE MANAGEMENT

(CBCS – 2017 onwards)

Time : 3 Hours Maximum : 75 Marks

Part A (10  2 = 20)


Answer all questions.

1. Define insurance.

2. State the meaning of subrogation.

3. Define a life insurance contract.

4. Give the meaning of surrender value.

5. Give the meaning for Jettison.

6. What is a ‘Named policy’ with respect to marine


insurance?

7. Define fire insurance.

8. What do you mean by ‘cover note’?

9. What is meant by rural sector?

10. What is burglary insurance?


Ws 17
Part B (5  5 = 25)

Answer all questions, choosing either (a) or (b).

11. (a) Explain the importance of insurance management.

Or

(b) Explain the functions of insurance.

12. (a) Describe the organizational structure of LIC of


India.

Or

(b) Briefly explain the classification of LIC policies.

13. (a) Distinguish between Actual Total Loss and


Constructive Total Loss.

Or

(b) What are the various documents required for


making a claim for total loss?

14. (a) Describe the nature of fire insurance contract

Or

(b) What are the rights of insurer in case of fire


insurance?

15. (a) Explain the role of manager in personal accident


insurance.

Or

(b) Write short notes on Privatisation of Insurance


Industry.

2 F–2413
Ws 17
Part C (3  10 = 30)

Answer any three questions.

16. Explain the principles of an insurance contract.

17. Explain the essential features of life insurance.

18. Explain the recent trends in marine insurance business.

19. Name and explain the major types of policies which are
generally issued by fire insurance companies.

20. What is auto insurance? Examine the coverage of such an


auto insurance policy.

————————

3 F–2413

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