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Old September 18th, 2013, 11:08 AM
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Join Date: Jun 2013
Default Re: Chartered Insurance Institute Papers

The Chartered Insurance Institute (CII) is a United Kingdom based professional organization which provides accreditation and professional qualifications to UK and international members.

As you are looking for the paper of P90 – Cargo and goods in transit insurances of Chartered Insurance Institute so here I am sharing the same with you

1) Explain the purpose and use of INCOTERMS.

a) Describe the importance of an original bill of lading in a CIF shipment of goods from the UK to a buyer in another country.
b) State why the bill of lading must be produced in the event of a claim.
c) Identify two similarities and one difference between a bill of lading and a waybill.

3) A large, second-hand reconditioned machine, valued at £300,000, has been sold by a UK machinery supplies company to a buyer in Kenya. Cover is required for the journey from the UK seller to the buyer in Nairobi, Kenya.

Explain why one insurer might offer cover under Institute Cargo Clauses (A) 1/1/09 whilst another would only offer cover under Institute Cargo Clauses (B) or (C) 1/1/09

4) A consignment of machinery spare parts in a container is being shipped by the seller in the UK to the buyer in the USA. The invoice price is $250,000 and the sale is on CIF plus 10% terms. Whilst being loaded aboard the overseas vessel at the UK port the container falls to the deck of that ship, causing damage to the cargo. Sixty per cent of it is damaged beyond repair.

a) Identify the party who must make the claim.
b) State why it is that particular party.
c) Calculate the settlement figure.

a) How does the Marine Insurance Act 1906 define
i) a contract of marine insurance
ii) insurable interest.

b) State when insurable interest must exist in marine insurance.

6) Describe the elements necessary to constitute General Average.

7) List the perils covered by the Institute Cargo Clauses (B) 1/1/09

a) Name two types of tank vessels used in the carriage of crude oil in bulk and state the usual maximum DWT for each.
b) Identify four leading countries which produce crude oil.

Rest of the paper is attached in below file which is free of cost for you

42-48 High Road,
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London, E18 2JP
Tel: +44 (0)20 8989 8464
Fax:+44 (0)20 8530 3052
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File Type: pdf Chartered Insurance Institute paper P90 – Cargo and goods in transit insurances.pdf (247.8 KB, 47 views)
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Old February 6th, 2015, 10:12 AM
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Join Date: Apr 2013
Default Re: Chartered Insurance Institute Papers

As you want I am here providing you sample paper of the Chartered Insurance Institute.

Sample paper:

(a) (i) State the documentation you are required to provide to Matthew and Alison
at the start of your first meeting with them.

(ii) Write down a list of questions that you would need to ask Matthew and
Alison, to obtain all of the information required, to enable you to advise them
on their investment planning. In order to gain marks, these questions should
be written in question form in such a way that Matthew and Alison will
understand them.

(b) State four benefits and four drawbacks of using an accident sickness and
unemployment insurance policy to protect Matthew’s income when compared to an
income protection insurance policy.

(c) Describe the main features of two additional protection policies that Matthew and
Alison should consider, to protect them in the event of death or serious illness.
Do not include Accident, Sickness and Unemployment Insurance or Income
Protection Insurance.

Certificate in Financial Planning paper of Chartered Insurance Institute

Here is the attachment of the paper..................................
Attached Files Available for Download
File Type: pdf Certificate in Financial Planning paper of Chartered Insurance Institute.pdf (237.2 KB, 14 views)
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