Looking for Plagiarism free Answers for your college/ university Assignments.
Section A : You are required to answer any three (3) questions out of the four (4) questions provided below. Each question carries the same marks weightage. You may include graphs to support your answers where applicable. Please read and follow the instructions & requirements set out on this question paper and the NCE/examination guidelin
Q3) _____________________________ On 27th Jan 2003, MV”Rickman” set sail from Singapore. During her voyage from Singapore to Penang, Master spotted a life raft floating on the high sea with seven survivors waving for rescue. The vessel made a successful and heroic rescue. Thus, the vessel had to divert to Port Klang to offload the survivors. Th
Looking for Plagiarism free Answers for your college/ university Assignments.
Section B : 4 Optional Questions (OQ) OQ1) What are the main elements covered under a typical marine cargo insurance policy? OQ2) Explain the concept of 'perils of the sea' in marine insurance. OQ3) Explain the concept of ‘General Average’ in marine insurance. OQ4) Compare and contrast ‘Hull Insurance’ and ‘Protection & Indemnity
Section A : 2 Compulsory Questions All Two (2) Questions MUST be answered. CQ1 carries 20 marks while CQ2 is worth 15 marks. CQ1) Discuss the principle of utmost good faith in the context of marine insurance, providing examples to illustrate its application. CQ2) Describe the different types of marine insurance policies available in the market,
