Alagappa University B.Com 4th Sem Insurance Management May 2021 Question Paper

 Alagappa University

Distance Education

B.Com Degree Examination, May 2021,

Fourth Semester

Insurance Management

Time : Three Hours Maximum : 75 marks

Section A - (10×2=20 marks)

Answer all questions

1. Define Risk.

2. What do you mean by insurance?

3. Write the significance of marine insurance

4. State the role of agent in the life insurance.

5. What is claim Management?

6. Write any Three principles of Insurance pricing.

7. State the importance of privatization of insurance.

8. Mention the types of Motor Insurance policies.

9. Highlight the steps involved in the process of Insurance underwriting.

10. What is health insurance?

Section B - (5×5=25 marks)

Answer all questions choosing either (a) or (b)

11.a) Explain the types of business and personal risk.

Or

b) Write the general structure of Insurance policies.

12.a) Explain the significance of determining solvency margins.

Or

b) Write the reforms in Indian Insurance Policies.

13.a) State the factors influencing the key functioning of Insurance.

Or

b) Elaborate the role of riders in Insurance policies.

14.a) Highlight the significance of liability Insurance in India.

Or

b) What are the types of documents needed in various types of claim?

15.a) Write the steps involved in process of Insurance underwriting.

Or

b) Write short notes of Re-Insurance.

Section C - (3×10=30 marks)

Answer any Three questions

16. Briefly explain information technology in Insurance.

17. Write the future trends in the domain of Insurance product design and development.

18. What are the significance of risk management function within business organization?

19. Explain the elements of five Insurance contract.

20. What are the problems associated with public Insurance enterprise?

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