What is marine Insurance? What risks are usually covered by a marineInsurance policy. Discuss the various classifications or types of ocean marine insurancepolicies. 3 What are the various types of losses in ocean marine Insurance.What is marine insurance Discuss the main essentials of'Ocean MarineInsurance Contract.
What is fire Insurance? Give in brief the essentials of fire insurancecontract. Explain the nature of fire insurance policy What kinds of losses are includedin the fire insurance policy and what kind of losses can fiever be included?
7. Explain in detail as to how a fire insurance policy is effected. A case ofbuilding be considered for fire insurance
Discuss in brief the various types of fire' insurance policy?
9. If an insured factory catches fire, how the claim of the Insurec is settted bythe insurer.
What is manne insurance?
Differentiate between marine insurance and fire insurance.
Explain in brief three types of marine insurance.
Examine three essentials of marine insurance,
"A fire insurance policy is a contract of indemnity" - Explain.
How is the fire claim settled.
State whether the following statements are true or false fi) Fire insurance contracts are for long period,A contract of marine insurance is a contract of indemnity
All contracts of insurance except life insurance are "the contacts of indemnity.
The rate of premium is uniform for all kinds of fire insurance, (v) The insurance contract is founded on the basic of good faith.
In fire insurance the insurable interest must exist at the time of contract and also at the time of loss.
The payment of fire premium is in easy installments The risk in fire insurance is
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