1. SUB PART A Chitra called the Best line of Defence insurance company to understand how she could consolidate her life and general insurance policies as a way to lower the overall cost. Chitra is unsure as to whether your role is that of an agent or a broker. As an agent of the insurance company you outline the cost advantages and confirm the pricing structure.
   1. In your own words, explain any documentation that must be forwarded to Chitra, and identify six key features that must be included. 3 marks

b. Within the explanation, outline the difference between a broker and an agent in relation to the best interests of the client. 2 marks

B. SUB PART B Explain the insurance and legal principles derived by the following case law:

1. Macura V Northern Assurance Co. Ltd. (1925)
2. Tiep Thi To V Australian Associated Motor Insurers Ltd. (2001)
3. Lindsay V CIC Insurance (1989)
4. Commonwealth Financial Planning V Couper (2013)
5. Leyland Shipping Co Ltd. V Norwich Union Fire Insurance Society Ltd. (1918) Sub total = 5 marks