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.
Across 9 chapters — every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Introduction to Marine Insurance | 45 |
| 2 | Relevance of Principles of Insurance to Marine | 45 |
| 3 | Incoterms | 45 |
| 4 | Marine Cargo Clauses - International Trade | 45 |
| 5 | Marine Cargo Clauses - Inland Transit | 45 |
| 6 | Marine Insurance Underwriting | 45 |
| 7 | Critical Underwriting Aspects | 45 |
| 8 | Documents Associated with Marine Cargo Insurance | 45 |
| 9 | Types of Marine Cargo Policies | 45 |
Draws from all 405 questions across every chapter, so no two attempts are the same.
Chapters in this module
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.