The question (15 marks)
Explain the different kinds of loss under the Marine Insurance Act 1963. Distinguish actual from constructive total loss, and particular average from general average. (15 marks)
Syllabus head 3.2; built from the Module 3 chapter on kinds of marine loss.
Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.
It tests Unit 3 · Non-Life and General Insurance — Marine, Fire and Property of Law of Insurance.
Authorities you will need
- Marine Insurance Act 1963, ss. 56 to 66
- Asfar v. Blundell
- Hall v. Hayman
- Vacuum Oil Company v. Union Insurance
How an answer is marked
A full-marks answer names the issue in one line, states the rule with its section, cites the authority, applies it to these facts and concludes — in that order. The app's model answer for this question is written in exactly that shape, with a checklist to mark your own attempt against.