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 typical remedy for an insurer when the insured breaches a warranty?
If the amount to be paid in the event of a total loss of insured property is agreed between the proposer and the insurer at inception of the policy, this is a modification of the principle of
How do an insurer's subrogation rights differ, if at all, between a theft policy and a personal accident policy?
For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of an express term in reaching or recording an agreement?
Paul made a formal offer to John and gave hun (out weeks to accept it. Three weeks later, and before, John had responded. Paul needed to withdraw the offer. What is the position in contract law?
For this question more than 1 option is correct. You must select all the correct options to gain the mark.
A proposer for private motorcycle insurance carelessly states the motorcycle's engine capacity as 500cc when in fact it is 1500cc. A policy is issued by the insurer on this basis. In the event of a valid claim causing damage to the motorcycle, what potential remedies are available to the insurer under the Consumer Insurance (Disclosure and Representations) Act 2012?
At what stage is insurable interest required for a marine cargo insurance policy?
A risk control survey shows that premises proposed for insurance are in close proximity to a river with a history of flooding. The underwriter will consider this fact to be a
A warranty in Emily's personal travel insurance policy states that cash must be kept in a locked safe. Whilst on holiday, a storm destroys her hotel and its contents. When Emily completes a claim form for loss of money, she admits that her cash was NOT locked in the safe. What will be the insurer's likely response to her claim for the lost money?
