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Question 2 A. Explain the THREE (3) types of implied warranty that exist in marine insurance. (6 marks) B. The term 'floater policy' is generally

Question 2

A. Explain the THREE (3) types of implied warranty that exist in marine insurance. (6 marks)

B. The term 'floater policy' is generally understood to be a contract of property insurance that satisfies THREE (3) requirements. Outline the requirements. (6 marks)

C. Explain the terms, burglary, robbery and theft as used in insurance contracts. (8 marks) (Total 20 marks)

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