M.B.A. DEGREE EXAMINATION, APRIL 2016
Third Semester
FIRE INSURANCE
(CBCS 2012 onwards)
Time 3 Hours Maximum 75 Marks
Part A 3 15)
Answer all questions.
All questions carry equal marks.
1. Define fire insurance contract.
2. List out the significance of cover note.
3. Write short note on fire protection system.
4. Write the non-concurrence policies in fire insurance
claims.
5. What is meant by payment of claim by mistake?
Part B 10 50)
Answer all questions choosing either or
All questions carry equal marks.
6. Discuss the essential elements of Fire Insurance
Contract.
Or
Explain the Floater Polices and Declaration Policies
in fire insurance.
Sub. Code
632306
RW-11030
2
Ws5
7. Illustrate different theories of fire rating.
Or
Elucidate all kinds of Fire Insurance Documents.
8. Write the fire hazards arising out of construction
and from electrical equipments.
Or
Explain the different types of industry specific fire
hazards.
9. Elaborate on Fire Insurance Claim procedure.
Or
Discuss about ascertainment of Quantum of Loss
and Salvage Disposal procedures.
10. List out the functions and duties of Fire Insurance
Surveyors.
Or
Discuss the elements in the Survey Report for
claim.
Part C (10 marks)
Compulsory.
11. You are a manager of a warehouse where inflammable
chemical are stored. How will you prevent fire accidents
and what will be your actions in case of untoward
incidents out of predominant risk by the inherent nature
of the material stored.