*0403* 0403

Fourth Semester of Three Year LL.B. Examination, December 2012

Opt-I : INSURANCE LAW

Duration : 3 Hours Max. Marks : 100

Instructions : 1. Answer all 5 questions.

2. One essay type and one short note question or problem
from each Unit have to be attempted, which is referred as
Part (a) and Part (b) in all the Units.
3. Figures to the right indicates marks.
4. Answers should be written completely either in English or
in Kannada.

UNIT – I

Q. No. 1. (a) Explain briefly the provisions of Insurance Act 1938. Marks : 15
ËÊÜÞ A—¯¿áÊÜá 1938 ÃÜ E±ÜŸí«ÜWÜÙÜ®Üá° ÓÜíQұܤÊÝX ËÊÜÄÔÄ.
OR/A¥ÜÊÝ

Explain the procedure for the registration of Insurance

Companies.
ËÊÜÞ PÜí±Ü¯WÜÙÜ ®æãàí¨Ü~WÝXÃÜáÊÜ ±ÜÅQÅÁáWÜÙÜ®Üá° ËÊÜÄÔÄ.
(b) Write note on : Marks : 5
q±Ü³~ ŸÃæÀáÄ :
History of Life Insurance.

iàÊÜ ËÊæá¿á C£ÖÝÓÜ.

OR/A¥ÜÊÝ

Composition of Insurance Regulatory and Development

Authority.
ËÊÜÞ ¯¿áíñÜÅ| ÊÜáñÜᤠA¼ÊÜ꩜ ±ÝŗPÝÃÜ¨Ü ÃÜaÜ®æ.

P.T.O.
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UNIT – II

Q. No. 2. (a) Explain the principle of “Causa - proxima”. Marks : 15

""ÓÜËáà±Ü PÝÃÜ|'' ñÜñÜÌÊÜ®Üá° ËÊÜÄÔÄ.
OR/A¥ÜÊÝ

“A Contract of Insurance is a contract of utmost good faith”.

Comment.
""ËÊÜÞ J±Ü³í¨ÜÊÜâ AñÜÂíñÜ ÓܨݽÊÜ®æ¿á J±Ü³í¨ÜÊÝX¨æ'' qàQÔ.
(b) Decide the following case : Marks : 5
PæÙÜX®Ü ±ÜÅPÜÃÜ|ÊÜ®Üá° ¯|ìÀáÔÄ :
Mr. Abhishek takes out a policy on the life of his wife and
subsequently divorces her. Does the policy continue to be
valid ?
A¼Ðæ à PÜ ñÜ ® Ü ° Öæ í vÜ £ ¿á iàÊÜ ¨ Ü Êæ á àÇæ Jí¨Ü á ±ÝÈÔ¿á®Ü á °
ñæWæ¨ÜáPæãÙÜáÛñݤ®æ A®ÜíñÜÃÜ AÊÜ®Üá AÊÜÚWæ Ëaæfà¨Ü®æ ¯àvÜáñݤ®æ. B
±ÝÈÔ¿áá PÝ®Üã®Üá Ÿ¨ÜœÊÝX ÊÜááí¨ÜáÊÜÄ¿ááÊÜâ¨æà ?
OR/A¥ÜÊÝ

Write a note on “policy”.

"±ÝÈÔ' ¿á ÊæáàÇæ q±Ü³~¿á®Üá° ŸÃæÀáÄ.
UNIT – III

Q. No. 3. (a) Compare life insurance with other types of insurance. Marks : 15
iàÊÜ ËÊæá¿á®Üá° EÚ¨Ü ËÊæáWÜÙæãí©Wæ ÖæãàÈÔÄ.
OR/A¥ÜÊÝ

Define life insurance. Explain various kinds of life insurance

policies.
iàÊÜ ËÊæá¿á ÊÝÂTæÂPæãw. iàÊÜ ËÊæá¿á ËË«Ü ±ÜÅPÝÃÜ¨Ü ±ÝÈÔWÜÙÜ®Üá°
ËÊÜÄÔÄ.
*0403* -3- 0403
(b) Write short note on : Marks : 5
ÆZá q±Ü³~ ŸÃæÀáÄ :
‘Claims Tribunal’ under Motor Vehicles Act.
ÊæãàpÝÃÜá ÊÝÖÜ®Ü PÝ®Ü㯮Üw¿áÈÉ®Ü "PæÉàÊÜáá ®Ý¿ޗàPÜÃÜ|'.
OR/A¥ÜÊÝ
Public liability Insurance.
ÓÝÊÜìg¯PÜ ÖæãOæWÝÄPæ ËÊæá.
UNIT – IV

Q. No. 4. (a) Define fire Insurance. Explain “Insurable interest in fire

insurance”. Marks : 15
AX° ËÊæá¿á®Üá° ÊÝÂTݯÔ. AX° ËÊæá¿áÈÉ®Ü ËÊÜÞ ×ñÝÓÜQ¤¿á®Üá°
ËÊÜÄÔÄ.
OR/A¥ÜÊÝ
Discuss the essential elements of fire insurance.
AX° ËÊæá¿á AñÝÂÊÜÍÜÂPÜ AíÍÜWÜÙÜ®Üá° aÜbìÔÄ.
(b) Decide the following case : Marks : 5
PæÙÜX®Ü ±ÜÅPÜÃÜ|ÊÜ®Üá° ¯|ìÀáÔÄ :
A has insured his house against fire. Afterwards he only
assigned the fire policy to “B” without transferring any interest
in the house. If that house is damaged by fire after this
assignment of policy. Can “B” recover the amount under the
policy.
"A' ®Üá ñܮܰ ÊÜá®æWæ AX° ËÊæá¿á®Üá° CÚԨݪ®æ. ®ÜíñÜÃÜ AÊÜ®Üá "Ÿ' Wæ B
ÊÜá®æ¿á ¿ÞÊÜâ¨æà ×ñÝÓÜQ¤¿á®Üá° ÖÜÓݤíñÜÃÜ ÊÜÞvܨæà PæàÊÜÆ AX° ËÊÜÞ
±ÝÈÔ¿á®Üá° ÊÜWÝìÀáÓÜáñݤ®æ. D ±ÝÈÔ¿á ÊÜWÝìÊÜOæ ®ÜíñÜÃÜ B
ÊÜá®æWæ AX°Àáí¨Ü Öݯ¿Þ¨ÜÃæ "Ÿ' ®Üá B AX°ËÊÜÞ ±ÝÈÔ¿áw¿áÈÉ
ÖÜ|ÊÜ®Üá° ±Üvæ¿áŸÖÜá¨æ ?
OR/A¥ÜÊÝ
During the course of fire accident a mob looted the insured goods.
Is Insurer liable ?
¸æíQ A®ÝÖÜáñÜ¨Ü ÓÜí¨Ü»Üì¨ÜÈÉ Jí¨Üá WÜáí±Üâ ËÊæá CÚst ÓÜÃÜPÜáWÜÙÜ®Üá°
Æãq ÊÜÞvÜáñݤÃæ. D ®ÜÐÜrPæR ËÊÜÞPÜñÜì ÖæãOæWÝÃÜ®ÝWÜáñݤ®æÁá ?
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UNIT – V
Q. No. 5. (a) What is “Deviation” ? Under what circumstances it is excused ? Marks : 15
"ÊÜÞWÜ쟨ÜÇÝÊÜOæ ' Gí¨ÜÃæà®Üá ? A¨Ü®Üá° ¿ÞÊÜ ÓÜí¨Ü»ÜìWÜÙÜÈÉ
PÜÒËáÓÜÇÝWÜáñܤ¨æ ?
OR/A¥ÜÊÝ

Explain the types of Marine Insurance Policies.

PÜvÜÆ ËÊæá¿á ËË«Ü ±ÝÈÔWÜÙÜ®Üá° ËÊÜÄÔÄ.
(b) Decide the following case : Marks : 5
PæÙÜX®Ü ±ÜÅPÜÃÜ|WÜÙÜ®Üá° ¯|ìÀáÔÄ :
The Crew of the ship forced the master to take back the ship
to home port due to the fear of attack by sea pirates. Can the
master be excused for deviation ?
Jí¨Üá ÖÜvÜX®Ü PæÆÓÜWÝÃÜÃÜá PÜvÜÆáWÜÙÜÛÃÜ Öæ¨ÜÄPæÀáí¨ÝX ÖÜvÜWÜ®Üá°
ÓÜÌ Ÿí¨ÜÄWæ ÊÜáÃÜÚÓÜáÊÜíñæ ÖÜvXÜ ®Ü ÊÜÞÓÜÃr ®Ü ®Ü áÜ ° JñݤÀáÓÜáñݤÃ.æ D ÊÜÞWÜì
¹oár ÖæãàWÜáËPæ PÜÒÊÜÞÖÜìÊæ ?
OR/A¥ÜÊÝ

A ship is arrested in England for the smuggling operations

by the master of the ship. Is insurer liable ?
Jí¨Üá ÖÜvÜWÜ®Üá° ÓÜÃÜPÜáWÜÙÜ PÜÙÜÛÓÝWÝ~PæWÝX B ÖÜvÜX®Ü ÊÜÞÓÜrÃÜ
E±ÜÁãàXԨܪÄí¨Ü A¨Ü®Üá° CíWæÉíw®ÜÈÉ Ÿí©ÓÜÇÝÀáñÜá. D ÖݯWæ
ËÊÜÞPÜñÜì®Üá gÊݸݪÃÜ®æ ?
________________