Education and Career Forum

Liability Insurance paper is an elementary paper taught for Associateship Examination, the broad syllabus of which includes a detailed introduction to the concept of insurance, its needs and objectives, the phenomena of insurance and its role in the economic development of the society. The first topic demarcates the features and outcomes of insurance in general. The rest of the topics delve into the phenomenal aspects of liability insurance and ordain the stipulations set for covering the policies for holding someone legally liable. The subject teaches students about the conditions and requirements for liability insurance with and without considering legal factors. The fundamentals of liability insurance like intricacies of insurance documents, insurance contracts, insurance factors and theories of rating and tariff are demonstrated in the syllabus. The more specific elements cover the compulsory policies under liability insurance besides employer liabilities and product liabilities. The chapters are taught vis-à-vis the legislative issues regarding insurance coverage. Below are attached some of the previous year’s question papers for your help.