DiplomaIC-70 · 2026 Edition

Marine Hull Insurance Underwriting and Claims

Insurance Institute of India — Diploma Examination

Practice MCQs for III paper IC-70 Marine Hull Insurance Underwriting and Claims: ships and vessels as subject-matter, principles of marine insurance and the Marine Insurance Act, hull policy types, Institute Time Clauses (Hulls) and covers, builders' and ship-breaking risks, underwriting and rating, maritime-safety bodies (IMO/IACS), specialised and offshore oil & gas products, war & strike risks, P&I clubs and reinsurance, and hull claims including total loss, general average, salvage, collision liability and freight. 617 chapter-wise questions with worked explanations.

✓16 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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617verified practice questions

Across 16 chapters — every question reviewed and exam-aligned.

ChapterChapter NameQuestions
1History and Overview of Marine Hull Insurance28
2Ships and Vessels - The Subject-Matter of Insurance38
3Principles of Insurance vis-à-vis Marine Hull Insurance42
4Marine Hull Insurance and Types of Policies35
5Various Marine Hull Covers and Clauses55
6Ship Building and Ship Breaking Risk Insurances30
7Marine Hull Underwriting and Rating40
8Global Bodies for Maritime Safety - IACS and IMO26
9Specialised Hull Insurance Products35
10Insurance of Oil and Gas35
11War and Strike Risk Insurance26
12Protection and Indemnity Clubs; Marine Hull Reinsurance28
13Role of Various International Marine Insurance Associations40
14Claims on Marine Hull Policies52
15General Average and Salvage Claims52
16Claims on Collision Liabilities and Freight55
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Chapters in this module

1. History and Overview of Marine Hull Insurance • 28 MCQs
2. Ships and Vessels - The Subject-Matter of Insurance • 38 MCQs
3. Principles of Insurance vis-à-vis Marine Hull Insurance • 42 MCQs
4. Marine Hull Insurance and Types of Policies • 35 MCQs
5. Various Marine Hull Covers and Clauses • 55 MCQs
6. Ship Building and Ship Breaking Risk Insurances • 30 MCQs
7. Marine Hull Underwriting and Rating • 40 MCQs
8. Global Bodies for Maritime Safety - IACS and IMO • 26 MCQs
9. Specialised Hull Insurance Products • 35 MCQs
10. Insurance of Oil and Gas • 35 MCQs
11. War and Strike Risk Insurance • 26 MCQs
12. Protection and Indemnity Clubs; Marine Hull Reinsurance • 28 MCQs
13. Role of Various International Marine Insurance Associations • 40 MCQs
14. Claims on Marine Hull Policies • 52 MCQs
15. General Average and Salvage Claims • 52 MCQs
16. Claims on Collision Liabilities and Freight • 55 MCQs

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