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CD0029. Hull and Machinery

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About this collection

The Seagull CBT bank is organised into modules covering safety, shipboard operations, maintenance and other topics. Original module names and codes are retained to help you find the topic you need.

“Seagull CBT — CD0029. Hull and Machinery” contains 14 questions across 1 collection.

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Sample questions and answers

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What is the essential difference in the way that insurance claims are handled and processed between the Scandinavian system and the British / American system?

One correct answer

  • The Scandinavian system uses a Claims Leader to organize and supervise all claims related to an incident, while the British / American system uses an Independent Adjuster.✓ Correct answer
  • The Scandinavian system makes interim payments as a clim is being processed, while the British / American system pays a single lump sum on final settlement.
  • The Claims Leader in the Scandinavian system is paid out of the claim settlement, while the Independent Adjuster in the British / American system is jointly paid for by the various insurers.
  • The Scandinavian system is independent of national law, while the British or American systems is governed and regulated by the legal systems in those countries.
From the list below, select the type of claims covered by Hull and Machinery insurance (Select all applicable answers).

Multiple correct answers

  • Liability in connection with fixed or floating objects.✓ Correct answer
  • Loss or damage to the vessel.✓ Correct answer
  • Loss caused by ordinary wear and tear.
  • Loss of income.
  • Liabilities to third parties.
As explained in this module, for which of the following reasons should the Hull and Machinery Insurer be involved in all stages of an insurable incident? (Select all applicable answers).

Multiple correct answers

  • Because damage may not be immediately known.✓ Correct answer
  • Because repairs may be deferred.✓ Correct answer
  • Because it is a legal requirement.
  • Because the Insurer may refuse to pay out unless they are fully involved.
  • Because all associated costs must be settled within twelve months.
What kind of special deductible is sometimes agreed to?

One correct answer

  • One applying to machinery claims.✓ Correct answer
  • One applying to personal injury claims.
  • One accounting for currency variations.
  • One covering war risk claims.
Which of the following is another term for the Hull and Machinery insurer?

One correct answer

  • The Underwriter.✓ Correct answer
  • The Undertaker.
  • The Claims Leader.
  • The Adjuster.
  • The Under-Assessor.

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