DiplomaIC-60 · 2024 Edition

Marine Insurance

Insurance Institute of India: Diploma Examination

Marine Insurance covers the fundamentals of marine cargo insurance — the classes of marine insurance and the marine market (Lloyd's, IUMI, the Indian market); how the principles of insurance apply to marine under the Marine Insurance Act; Incoterms and where cost and risk transfer; the Institute Cargo Clauses (A/B/C) and Inland Transit Clauses; marine underwriting and critical underwriting aspects; the documents used in marine cargo trade; and the types of marine cargo policies (open policy, open cover, STOP, stock throughput and DSU). Part of the Marine Insurance Diploma. 405 practice MCQs across 9 chapters.

✓9 chapters✓Chapter-wise practice tests✓1 full mock test (100 multiple choice questions · 2 hrs)✓Personalised study recommendations✓Subject tutor (available after purchase)
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405verified practice questions

Across 9 chapters, every question reviewed and exam-aligned.

ChapterChapter NameQuestions
1Introduction to Marine Insurance45
2Relevance of Principles of Insurance to Marine45
3Incoterms45
4Marine Cargo Clauses - International Trade45
5Marine Cargo Clauses - Inland Transit45
6Marine Insurance Underwriting45
7Critical Underwriting Aspects45
8Documents Associated with Marine Cargo Insurance45
9Types of Marine Cargo Policies45
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt

Draws from all 405 questions across every chapter, so no two attempts are the same.

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Chapters in this module

1. Introduction to Marine Insurance • 45 MCQs
2. Relevance of Principles of Insurance to Marine • 45 MCQs
3. Incoterms • 45 MCQs
4. Marine Cargo Clauses - International Trade • 45 MCQs
5. Marine Cargo Clauses - Inland Transit • 45 MCQs
6. Marine Insurance Underwriting • 45 MCQs
7. Critical Underwriting Aspects • 45 MCQs
8. Documents Associated with Marine Cargo Insurance • 45 MCQs
9. Types of Marine Cargo Policies • 45 MCQs

Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.