Question: Q . 1 . CASE STUDY 1 : James is riding a bike in the lonely hills of Namuwongo found in Uganda in the early

Q.1. CASE STUDY 1 : James is riding a bike in the lonely hills of Namuwongo found in Uganda in the early hours of the night, h e falls off the bike and gets a bad injury. He remains unconscious the whole night under the exposure to severe cold. The following morning, he is discovered b y some persons doing road work and is rushed to hospital. In the meantime, due to severe exposure to the cold, he contracts pneumonia. In hospital, he is put next to a patient suffering from an infectious and contagious disease and unfortunately, he dies i n 2 days. A similar c ase was taken to court in 1991 against Yorkshire Insurance Co.) James family claims the following under his policy; i) Death caused by accident ii) Life insurance policy of the children iii) Death caused by severe disease a) Advise his family wheth er each of these claims are lik ely to be met, giving reasons for each of your answers .(9 marks) b) Explain the fundamental principles of insurance, illustrating each with a relevant example in your country. (16 marks)

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