Chapter 22 Self-test Questions

Chapter 22 Self-test Questions

Marine cargo insurance

Quiz Content

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. Which of the following differentiates a contract of property insurance from a gambling contract? Please select all that apply.

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. Which of the following statements is correct?

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. Which of the following statements is correct as it relates to the duty of fair presentation?

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. Material circumstances include ___ as well as physical hazards.

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. Which of the following statements are correct? Please select all that apply.

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. An assured may claim for a loss, the ___ cause of which is a risk covered under the policy.

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. Is the following statement true or false? 'The Institute of London Underwriters Cargo Clauses covers loss or damage to goods caused by perils of the sea.'

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. Which of the following causes of loss are not covered in an ICC(C) policy? Please select all that apply.

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. Which of the following statements is correct?

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. In a 'warehouse to warehouse' policy the insurance ___ to the goods when they are first moved in the warehouse for immediate loading for the commencement of the transit.

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