2023 2024 MBA - Examination for Insurance Surveyors Engineering Insurance Exam Papers

Below I am you the Examination for Insurance Surveyors Engineering Insurance Exam Papers

1. Answer any three : ‘ 4 each

a) What is the object of Insurance?

b) ' Explain the term Reinsurance.

0) Explain Sec. 3 i.e. increased cost of working under Electronic

Equipment Policy.

d) Give any 4 exclusions for CAR/EAR Policies.

List out the exclusions under following types of policies:- (any three) 4 each

a) Burglary Insurance

b) Baggage Insurance

c) Money Insurance

d) Television Insurance

Differentiate between the folloWing :- (any three) > 4 each

Court Bond & Excise Bonds.

Representations & Warranties

ICC 'B' and ICC 'C' under Marine Insurance.

Open cover and open Policy in Marine Insurance.

Differentiate between: 4 each

a) Pure risk & speculative risk

b) Actual Total Loss & Constructive Total Loss.

c) Net Profit & Gross Proﬁt.

1T) WHEN

What do you understand by the following Clauses? Bring out their practical 4 each
applications:

a) Institute Replacement Clause

b) Pair & Set Clause

0) Label Clause

Mention four exclusions under the following policies: 4 web

a) Marine Cargo Policies

b) Electronic Equipment Policy

c) ~ Standard Fire & Special Perils Policy

What are the contents of 'Code of Conduct' meant for Surveyor's & Loss 12
Assessors?

List out any twelve commonly encountered causes of losses in respect of 12
Marine Insurance Policies.

Identify the various limitations a surveyor encounters in his profession. 12

10. Assuming yourself to be risk consultant, prepare a note on 'Hazards of height' 16
to be presented to the management of an upcoming petrochemical plan

Examination for Insurance Surveyors Engineering Insurance Exam Papers

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