IC77 ENGINEERING INSURANCE EXAM - 16
| Q1.HOT Testing under EAR policy means |
| a) Plant is situated at a hot place |
| b) Checking of parts under hot condition |
| c) Testing of parts under full or partial load |
| d) Testing of parts under full load conditions |
| Q2.Which of the following is not true in EAR policy: |
| a) Fire policy cannot be issued during the testing period. |
| b) Duration of the testing period cannot be more than 12 months. |
| c) Testing period ceases with the commencement of the commercial production |
| d) All are true. |
| Q3.IN SCE policy |
| a) Loss or damage due to flood is not covered |
| b) Loss damage due to flood is covered |
| c) Loss due to flood is covered if the loss is below 20% of the sum assured |
| d) None of the above |
| Q4.Which policy is designed to provide mechanical breakdown coverage for gas turbine aero engines on fixed-wing aircraft and helicopters between scheduled overhauls? |
| a) Contract Works Insurance |
| b) Machinery leasing insurance |
| c) Aero-engine breakdown insurance |
| d) Contractor's plant and Machinery Insurance |
| Q5.A windstorm is a major hazard for ___ during construction and operations and theft of conductors is of great concern during storage and construction. |
| a) Transformers |
| b) Sub-stations |
| c) Transmission towers and lines |
| d) Electric motors and generators |
| Q6.Boiler and Pressure Plant Policy covers |
| a) Explosion of boiler |
| b) Implosion of boiler |
| c) Surrounding Property |
| d) All of above |
| Q7.Which equipment cannot be covered under EEI policy |
| a) Personal Computer |
| b) Laptop |
| c) Sonography |
| d) MRI Scanner Equipments |
| Q8.In EEI, which of the following sections indemnifies the insured against expenses for reproducing lost data or information? |
| a) Section 1: Material damage |
| b) Section 2: External data media |
| c) Section 3: Increased cost of working (ICOW) |
| d) Applicable to all sections |
| Q9.Which of the following machinery involves new and untried features and is of unproved operational reliability? |
| a) Driving machinery |
| b) Process machinery |
| c) Electrical machinery |
| d) Lifting equipment |
| Q10.Which of the following is true regarding maintenance visits cover in EAR policy: |
| a) This cover can be granted for more than 12 months |
| b) The excess applicable for the maintenance period is that of the testing period |
| c) The excess applicable for the maintenance period is that of the Normal period. |
| d) Both a and b. |