Education and Career Forum

The Marine Insurance Coverage paper of Associateship Examination lays down the basic tenets of the insurance strategies and policies that are applicable in case of large scale losses of cargo at the time of sail. It covers the time of journey starting from the original terminal and ending in the final terminal. The intent of the insurance programs is to bring about a stability in the business and help mariners get back their deemed property. But this is a critical issue as sometimes the cost of compensation and reconstruction exceeds the original cost of the property damaged. In that case, there are a different set of considerations that the team has to contemplate on. These areas are taught in the course using which students can handle the situation resourcefully. From amount of funds to be deployed to the measures taken during a crisis in light of the conditions and warranties, the course sets down everything exhaustively. For paper pattern and types of questions asked download previous year’s question papers from below.

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