AHSEC| CLASS 12| INSURANCE| QUESTION PAPER - 2022| H.S. 2ND YEAR

     

AHSEC| CLASS 12| INSURANCE| QUESTION PAPER - 2022| H.S. 2ND YEAR

2022
INSURANCE
Full Marks: 100
Pass Marks: 30
Time: Three hours
The figures in the margin indicate full marks for the questions.

 

1. Answer as per direction: 1x8=8

(a) The Head Office of the Oriental Insurance Company is situated in: 1

(i) Mumbai

(ii) Delhi

(iii) Kolkata

(iv) Chennai (Choose the correct Answer)

(b) What is burglary insurance? 1

(c) What is meant by partial losses of marine insurance? 1

(d) What is motor insurance? 1

(e) What is comprehensive note? 1

(f) Merchants who regularly shipped goods generally take – 1

(i) Time Policy

(ii) Floating Policy

(iii) Cargo Policy

(iv) Voyage Policy (Choose the correct Answer)

(g) Fire insurance policy which is issued for a specific period on the existing stock is known as – 1

(i) Blanket Policy

(ii) Replacement Policy

(iii) Adjustable Policy

(iv) Average Policy (Choose the correct Answer)

(h) What is meant by Hull Insurance? 1

2. Answer the following: 2x5=10

(a) What are the two classes of Group Personal Accident Insurance? 2

(b) What is meant by ‘Bottomry Bonds’? 2

(c) Write two features of Mediclaim Insurance. 2

(d) What is excess policy in case of Fire Insurance? 2

(e) What is proof of respectability? 2

3. Write three objectives of General Insurance Corporation of India. 3

4. Write three advantages of Marine Insurance. 3

5. Write a short note on stock declaration policy of Fire Insurance. 3

6. What is meant by Seaworthiness of ship under Marine Insurance? 3

7. Insurance is not Gambling. Justify. 3

8. Write five types of Marine Insurance Policy. 5

9. Explain Employer’s Liability Insurance. 5

10. Write the procedure of effecting a Fire Insurance Policy. 5

11. Briefly discuss the procedure of settlement of Motor Insurance Claim. 5

12. Write a note on Life Insurance. 5

13. Discuss the Floating Policy of Fire Insurance. 5

14. Write the important clause of Marine Insurance. 5

15. Explain the significance of Insurance in modern business. 8

Or

Explain the procedure of making a claim against ‘Total Loss’ under Marine Insurance. 8

16. Discuss the procedure to take Marine Insurance Policy. 8

Or

Discuss different types of insurance policies for securing burglary risks. 8

17. Explain the basic principles of Insurance contract. 8

18. Describe the significance of Motor Vehicle Insurance. 8

 

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