BCOM 3RD SEM PRINCIPLES OF INSURANCE(POI) IMPORTANT QUESTIONS

BCOM POI IMPORTANT QUESTIONS

IMPORTANT QUESTIONS FOR 3rd SEMESTER EXAMINATION

PRINCIPLES OF INSURANCE (POI)                                             B.Com (All Combination) II Year

Essay Questions

Risk Management? Objectives? Different Risk Managing Firms (May 19 Dec. 17)
IRDA –Objectives/duties/powers
Life insurance-terms specific to life insurance ( Dec. 17)
Procedure for claim settlement
Principles and advantages of insurance (May 19 Dec. 17)
Marine insurance types ( Dec. 17)
Health insurance policies ( Dec. 17)
Fire insurance scope types ( Dec. 17)

Short Answer Questions

Life and Non life insurance (May 19)
Life vs general insurance
Reinsurance (May 19 Dec. 17)
Insurance premium
Insurance terminologies
Terms in insurance contract
Surrender value
Nomination.