Q 1. In what circumstances may insurers allow assignment of the "death benefit"?
Q 2. What is the duty of the insured in cargo insurance policies regarding loss or damage?
Q 3. What determines the damages awarded under the Workmen's Compensation Act?
Q 4. How long does the insurer have the right to exercise the "right of entry" under the insurance policy?
Q 5. How are tanks grouped in a tank farm according to their hazards?
Q 6. What does the Insurance (Amendment) Act, 2002, define as an "Insurance Co-operative Society"?
Q 7. What constitutes the offense of falsification of accounts under Section 477.A of the Indian Penal Code?
Q 8. Which action constitutes "housebreaking" when it involves entering or leaving by force?
Q 9. Under what circumstance would the Controller not issue a direction for the payment of a lesser sum?
Q 10. According to the clause in the Standard Fire policy, how is the liability determined when both marine and fire policies cover the same affected item?
Q 11. What attitude should surveyors adopt when dealing with average cases for assessment?
Q 12. How can insurers address misconceptions about insurance policies?
Q 13. How does including details of the insured's background benefit the insurer during policy renewal?
Q 14. What does the "Temporary Removal" cover provide?
Q 15. Which of the following is an example of insurable property typically covered under fire insurance for commercial establishments?
Q 16. Which of the following is an exclusion under the policy?
Q 17. What supplementary cover is provided under Collision Liability?
Q 18. In what scenario might moral hazard arise from difficult insured individuals?
Q 19. Who has insurable interest in a property when a mortgage is involved?
Q 20. What action is the insured required to take in fidelity guarantee insurance if the insurer makes a payment for an insured act?
Q 21. According to Section 29(3) of the Marine Insurance Act, 1963, what is conclusive of the insurable value of the subject intended to be insured?
Q 22. What action should the insured take in the event of loss or damage covered by the insurance policy?
Q 23. What does the operative clause of the fire policy provide?
Q 24. Why should loading racks for dispatch of products be located in separate blocks in a petrochemical facility?
Q 25. Which right ensures the consumer's access to a variety of products and services at competitive prices?
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