M05 Practice Questions
Insurance law (IL)
Last Update 1 day ago
Total Questions : 118
Dive into our fully updated and stable M05 practice test platform, featuring all the latest Insurance Law (M05) exam questions added this week. Our preparation tool is more than just a CII study aid; it's a strategic advantage.
Our free Insurance Law (M05) practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about M05. Use this test to pinpoint which areas you need to focus your study on.
Which of the following is a feature of an insurance contract under the principle of “utmost good faith”?
Which of the following terms in an insurance policy is typically enforceable in a court of law?
Adam was bitten by a stray dog in Africa. He washed his wound in a pond and a week later he became very ill with a high temperature. Initially, the local hospital treated him for malaria and later treated him for the fever following the dog bite. Adam died in hospital. What is the proximate cause of his death?
In the context of an insurance claim, what does the principle of subrogation refer to?
John owns stock that he intentionally insured for £15,000, although the full value of the stock is £18.000. His insurance policy has no excess and is subject to a pro rata condition of average. In the event of water damaging £6.000 of John's stock, how much will the insurer pay for a valid claim after the application of average?
Which of the following is an essential element in the formation of an insurance contract?
John has a whole of life policy and has recently been diagnosed with cancer. When, if at all. must he disclose this to his insurer?
For this question more than 1 option is correct. You must select ail the correct options to gain the mark.
In what circumstances does the Fires Prevention (Metropolis) Act 1774 require insurance companies to ensure that claims monies are used to rebuild or reinstate buildings destroyed or damaged by fire?
