CS Professional Insurance - Law & Practice PYQ December 2021: Question Paper and Available Answers
CS Professional
2 - Insurance - Law & Practice
PYQS Series
December 2021
15 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 2 - Insurance - Law & Practice PYQS (December 2021). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Arvind while taking the Life Insurance Policy had informed in his proposal form to XYZ Insurance Company that he is a smoker. He also submitted special reports of his diabetes and
- Arvind while taking the Life Insurance Policy had informed in his proposal form to XYZ Insurance Company that he is a smoker. He also submitted special reports of his diabetes and
- Based on the third case (c) discuss the factors that has to be considered while underwriting lives and the difference between medical and non-medical underwriting.
- With reference to the fourth case (d), describe the basic principles of motor insurance.
- Based on the fourth case (d) explain: Third Party Insurance Liability only Policy Coverage Comprehensive Coverage Can Chandra Shekhar claim death benefit from the above coverages?
- A owns a restaurant, which he had bought three years ago for ₹ 20 lakh. He had bought fire insurance worth ₹ 16 lakh (which is the written down value of his insured property). His
- On August 20, 2008 a Span Air MD 87 crashed on take-off at Barajas Airport in Madrid. This crash resulted in 154 deaths and 18 survivors. The Official version of the accident claim
- Explain IRDAI's corporate guidelines to insurance companies in addition to the applicable provisions of the Companies Act, 2013/1956.
- The Bhopal Gas Tragedy, which arose on account of leakage of the methyl isocyanate gas from the Union Carbide Plant in Bhopal on 2nd and 3rd December, 1984 resulting into a liabili
- Is there any insurance policy to cover the liabilities of Directors and Officers of a Company? If yes, explain the features of such policy.
- Discuss different types of Marine Fraud.
- What is money laundering? What are the macro-economic consequences of money laundering? Discuss Anti-Money Laundering guidelines.
- Describe the salient features of New Pension Scheme (NPS).
- What is IFRS17? Discuss the areas of applicability of IFRS17 in insurance contracts.
- What do you mean by Takaful Insurance? Explain the different models of Takaful insurance.
How to Prepare for CS Professional 2 - Insurance - Law & Practice
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.