Ôn tập cuối kì môn Vận tải và Bảo hiểm

According to the principle of indemnity, what does insurance mean?

• The insured always receives a profit after a loss
• The insured is restored to the same financial position as before the loss
• The insurer can refuse all risks
• The insured must share risks with others

When is the principle of subrogation applied?

• When the insurer signs the policy
• When the insured pays the premium
• After the insurer has indemnified the insured
• Before a risk occurs

Under the Vietnamese Maritime Code (2005), the assured must:

• Hide potential risks
• Provide all relevant information to the insurer
• Provide no information
• Report only after loss

What does reinsurance mean?

• Insurance for buyers
• Insurance for insurance companies
• Insurance for exporters
• Insurance for special goods

Facultative reinsurance is usually used for:

• Small risks
• Regular risks
• High-value or hazardous risks
• Mandatory risks

The TT Club provides liability insurance for:

• Shipowners
• Freight forwarders
• Individual buyers
• Port authorities

The FIATA Bill of Lading (FBL) serves as:

• An insurance contract
• A multimodal transport document
• A domestic receipt
• A letter of credit

The risk “washing overboard” is covered under:

• ICC (A)
• ICC (B)
• ICC (C)
• None

In transport insurance, the insured value is usually:

• 100% CIF
• 110% CIF or CIP
• 90% FOB
• 100% EXW

The War Risk Clause applies only to goods transported by:

• Road
• Sea or Air
• Rail
• Inland waterways