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)
Individual module
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845verified practice questions

617 practice + 228 Enhanced Practice

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

ChapterChapter NameQuestions
1History and Overview of Marine Hull Insurance28 + 10 Enhanced
2Ships and Vessels - The Subject-Matter of Insurance38 + 15 Enhanced
3Principles of Insurance vis-à-vis Marine Hull Insurance42 + 15 Enhanced
4Marine Hull Insurance and Types of Policies35 + 12 Enhanced
5Various Marine Hull Covers and Clauses55 + 20 Enhanced
6Ship Building and Ship Breaking Risk Insurances30 + 12 Enhanced
7Marine Hull Underwriting and Rating40 + 15 Enhanced
8Global Bodies for Maritime Safety - IACS and IMO26 + 10 Enhanced
9Specialised Hull Insurance Products35 + 12 Enhanced
10Insurance of Oil and Gas35 + 12 Enhanced
11War and Strike Risk Insurance26 + 10 Enhanced
12Protection and Indemnity Clubs; Marine Hull Reinsurance28 + 10 Enhanced
13Role of Various International Marine Insurance Associations40 + 15 Enhanced
14Claims on Marine Hull Policies52 + 20 Enhanced
15General Average and Salvage Claims52 + 20 Enhanced
16Claims on Collision Liabilities and Freight55 + 20 Enhanced
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt

Draws from all 617 questions across every chapter, so no two attempts are the same.

The Advanced Mock Test draws from 228 Enhanced Practice questions.

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Chapters in this module

1. History and Overview of Marine Hull Insurance • 28 MCQs + 10 Enhanced
2. Ships and Vessels - The Subject-Matter of Insurance • 38 MCQs + 15 Enhanced
3. Principles of Insurance vis-à-vis Marine Hull Insurance • 42 MCQs + 15 Enhanced
4. Marine Hull Insurance and Types of Policies • 35 MCQs + 12 Enhanced
5. Various Marine Hull Covers and Clauses • 55 MCQs + 20 Enhanced
6. Ship Building and Ship Breaking Risk Insurances • 30 MCQs + 12 Enhanced
7. Marine Hull Underwriting and Rating • 40 MCQs + 15 Enhanced
8. Global Bodies for Maritime Safety - IACS and IMO • 26 MCQs + 10 Enhanced
9. Specialised Hull Insurance Products • 35 MCQs + 12 Enhanced
10. Insurance of Oil and Gas • 35 MCQs + 12 Enhanced
11. War and Strike Risk Insurance • 26 MCQs + 10 Enhanced
12. Protection and Indemnity Clubs; Marine Hull Reinsurance • 28 MCQs + 10 Enhanced
13. Role of Various International Marine Insurance Associations • 40 MCQs + 15 Enhanced
14. Claims on Marine Hull Policies • 52 MCQs + 20 Enhanced
15. General Average and Salvage Claims • 52 MCQs + 20 Enhanced
16. Claims on Collision Liabilities and Freight • 55 MCQs + 20 Enhanced

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