SANKARA COLLEGE OF SCIENCE AND COMMERCE
SARAVANAMPATTY, COIMBATORE – 35
DEPARTMENT OF MBA
Unit Test 3
Subject Name: Principles of insurance Time: 2 Hrs Class: II MBA Max Marks: 50
Section A (3 x 6 = 18)
1 A) What are the types of motors vehicle in insurance?
OR
B) What are the types of auto insurance policies?
2. A) What are types of claim settlement in motor insurance?
OR
B) What is personal automobile policy?
3. A) What are the home owner’s insurance coverage?
OR
B) What is flood insurance?
Section B (2 x 10 = 20)
4. Explain the process of hot automobile insurance premium are created.
5. Explain perils in home owner’s insurance.
Section C (1 x 12 = 12)
(Compulsory questions)
6. Explain in personal risk management.