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Posted By: Saranya Member Level: Diamond Posted Date: 03 Jun 2008
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2007 Alagappa University Post Graduate Diploma Insurance Management PRINCIPLES AND PRACTICE OF LIFE INSURANCE Question paper
DISTANCE EDUCATION
P.G.D.I.M. EXAMINATION, DECEMBER 2007.
PRINCIPLES AND PRACTICE OF LIFE INSURANCE
Time : Three hours Maximum : 100 marks
PART A — (5 ? 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. State the difference between insurance and assurance.
2. What is Key Man insurance? Sate its advantages.
3. Distinguish between Assignment and Nomination in Life Insurance.
4. Write an ‘Insurable Interest’ and ‘Causa Proxima’.
5. State the factors related to Physical hazards.
6. Give an account of insurance of female lives.
7. What do you understand by nomination of insurance policy?
8. State the differences between surrender value and paid up value.
PART B — (4 ? 15 = 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
(Each answer need not exceed 5 pages)
9. Discuss in detail the growth of LIC.
10. Explain the various kinds of life policies.
11. What is Mortality Table? State the different kinds of Mortality table.
12. What is Premium? What are the different methods of premium calculation?
13. Describe the various methods of distribution of Bonus.
14. Discuss the procedure for Death claims.
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