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Category: IC66 MARINE INSURANCE CLAIMS – 16

IC66 MARINE INSURANCE CLAIMS – 16

Que. 1 : Q1) The term freight means

   1.  a) the profit derived by a ship owner from the employment of ship

   2.  b) freight earned at port of origin.

   3.  c) freight earned at the port of destination.

   4.  d) all the above.

Que. 2 : Q2) What was the Statutory Time Limitations on Recovery of Postal authorities for Filling Suit?

   1.  a) 1 year from date of booking

   2.  b) 2 years from date of booking

   3.  c) 3 years from date of booking

   4.  d) 4 years from date of booking

Que. 3 : Q3) Break bulk cargo is also referred to as _______.

   1.  a) Liquid cargo

   2.  b) Heavy Cargo

   3.  c) General cargo

   4.  d) None of these

Que. 4 : Q4) Which among the following document is issued by the insurer to indicate alterations to the policy ?

   1.  a) Policy

   2.  b) Cover note

   3.  c) Binder letter

   4.  d) Endorsement

Que. 5 : Q5) Charters’ liabilities are the____________and liabilities of the charterer of a ship.

   1.  a) Marine and Hull

   2.  b) Ship and Voyage

   3.  c) Contractual and legal

   4.  d) Professional and Indemnity