Commercial General Insurance Mock Paper Singapore -

Under the D&O policy , will the shareholder lawsuit defence costs be covered? Discuss the “deliberate breach of law” exclusion in light of the CEO’s failure to act (negligence vs deliberate).

This paper is structured for a professional qualification exam (e.g., CGI, PGI, or Diploma in General Insurance) or a mid-level underwriter/broker assessment. Commercial General Insurance Mock Paper Singapore

Analyse which parts of the loss are covered by the Cyber policy (e.g., forensic costs, ransomware payment, BI, regulatory fines, notification costs under PDPA). Explain which are likely excluded. Under the D&O policy , will the shareholder

Calculate the indemnity payable under the Fire policy for the building damage , assuming the actual physical damage to the building is S$4 million. Show the application of the Average Clause. Explain whether the insurer will pay for the damage to Client A’s batteries under this policy. Analyse which parts of the loss are covered

List the four main components of a Work Injury Compensation (WICA) insurance policy in Singapore. For each, state the statutory cap (use reasonable current limits, e.g., medical expense cap up to S$45,000).

Advise GL on their duty of disclosure regarding the lithium batteries. If the insurer discovers the nondisclosure post-loss, what remedies are available under the Insurance Act (Cap 142) as amended by the Insurance (Amendment) Act 2020 (fair presentation)?

Discuss whether the CGL policy will respond to the neighbour’s wall damage (S$200k) and any third-party bodily injury if a neighbour worker suffered burns. Refer to the “known hazard” exclusion.