CS Professional Insurance - Law and Practice PYQ June 2014: Question Paper and Available Answers
CS Professional
3 - Insurance - Law and Practice
PYQS Series
June 2014
14 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 3 - Insurance - Law and Practice PYQS (June 2014). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- New Horizon General Insurance Company was granted a licence over a decade ago to transact general insurance business. On 1 st April, 2012, it received a proposal from Excellent Pol
- New Horizon General Insurance Company was granted a licence over a decade ago to transact general insurance business. On 1 st April, 2012, it received a proposal from Excellent Pol
- New Horizon General Insurance Company was granted a licence over a decade ago to transact general insurance business. On 1 st April, 2012, it received a proposal from Excellent Pol
- Kumar, holder of a life insurance policy for a sum assured of ₹10 lakh, died in an accident. The accident was widely reported in the press. Mrs. Sheela Kumar, his wife, was the nom
- Kumar, holder of a life insurance policy for a sum assured of ₹10 lakh, died in an accident. The accident was widely reported in the press. Mrs. Sheela Kumar, his wife, was the nom
- Kumar, holder of a life insurance policy for a sum assured of ₹10 lakh, died in an accident. The accident was widely reported in the press. Mrs. Sheela Kumar, his wife, was the nom
- Distinguish between 'nomination' and 'assignment' with an example.
- Distinguish between 'agent' and 'broker'.
- State, whether the following statements are true or false : (a) Personal accident policy is a pure contract of indemnity.
- State, whether the following statements are true or false : (b) Insurance covers speculative risks.
- State, whether the following statements are true or false : (c) Insurance premium can be paid after the inception of the risk.
- State, whether the following statements are true or false : (d) There can be liability policies with retro-active cover.
- State, whether the following statements are true or false : (e) Contribution can be applied to benefit policies.
- Can an Indian insurance company invest its policy holders fund abroad? Also, cite the relevant legal provisions.
How to Prepare for CS Professional 3 - Insurance - Law and 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.