IC60 MARINE CARGO INSURANCE UNDERWRITING - 13

Que. 1 : Q1) Which Marine insurance category covers are always given in conjunction with marine cargo insurance where project materials are in transit and if there is a loss to the cargo during transit, which results in the project period getting extended beyond the scheduled date of completion?

   1.  a) Marine Cargo insurance

   2.  b) Marine Hull Insurance

   3.  c) Marine Liabilities

   4.  d) Marine DSU(Delayed Start-Up)

Que. 2 : Q2) Which containers are used for transporting dry bulk cargo i.e.cargo in loose or unpacked condition and Manholes are provided on the roof to facilitate top loading of the containers?

   1.  a) Flat Rack Containers

   2.  b) Ventilated Containers

   3.  c) Open Top containers

   4.  d) Bulk Containers

Que. 3 : Q3) Survey fees reimbursable to the insured in a marine policy to the extent of

   1.  a) 25%

   2.  b) 50%

   3.  c) 75%

   4.  d) 100%

Que. 4 : Q4) Which of the following statements is true? Statement A: Marine cargo policies are valued policies. Statement B: Marine Hull policies are valued policies.

   1.  a) Both

   2.  b) A only

   3.  c) Neither

   4.  d) B only

Que. 5 : Q5) A ________________ is issued by a freight forwarder who is authorised to so.

   1.  a) Clean Bill of Lading

   2.  b) Claused Bill of Lading

   3.  c) House Bill of Lading

   4.  d) Master Bill of Lading