CII M05 dumps - in .pdf

M05 pdf
  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 08, 2026
  • Q & A: 121 Questions and Answers
  • PDF Price: $59.99
  • Free Demo

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  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 08, 2026
  • Q & A: 121 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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CII M05 dumps - Testing Engine

M05 Testing Engine
  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 08, 2026
  • Q & A: 121 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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CII M05 Exam Syllabus Topics:

SectionObjectives
Legal System and Sources of Law- Structure of the legal system
  • 1. Civil vs criminal law distinctions
    • 2. Courts and hierarchy
      - Sources of law
      • 1. Common law and equity
        • 2. Statute law and regulations
          Liability and Tort- Negligence and duty of care
          • 1. Breach and causation
            • 2. Remedies and damages
              - Employer and public liability
              • 1. Occupiers’ liability
                • 2. Vicarious liability
                  Insurance Claims and Legal Principles- Claims handling principles
                  • 1. Indemnity principle
                    • 2. Subrogation and contribution
                      Agency Law- Creation and authority of agents
                      • 1. Actual and apparent authority
                        • 2. Duties of agents and principals
                          Contract Law and Insurance Contracts- Insurance-specific principles
                          • 1. Insurable interest
                            • 2. Utmost good faith (uberrimae fidei)
                              - Formation of contracts
                              • 1. Consideration and intention
                                • 2. Offer and acceptance

                                  CII Insurance law (IL) Sample Questions:

                                  Question #1

                                  In what circumstances is abandonment automatic under a marine hull insurance policy?

                                  • A. The constructive total loss of the vessel.
                                  • B. The actual total loss of the vessel.
                                  • C. The insured has performed an action of abandonment.
                                  • D. The insured has sent a formal notice of abandonment.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Question #2

                                  If a proposer has failed to fully answer a question on a proposal form, the insurer is deemed to have waived its rights to this information because it

                                  • A. should be able to underwrite the risk based on the information already provided.
                                  • B. did not request further information.
                                  • C. has statistics on similar risks.
                                  • D. does not have the right to ask the proposer for more information.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Question #3

                                  When completing a proposal form, Tom declares that he has two spent speeding convictions. How, if at all, will the spent convictions affect an underwriter's decision to write the risk?

                                  • A. They will be classed as relevant information and will affect the premium.
                                  • B. They will only be considered if Tom had a further speeding conviction in the last 12 months.
                                  • C. They will be ignored in accordance with the provisions of the Rehabilitation of Offenders Act 1974.
                                  • D. They will not be considered as this is not an underwriting factor in motor insurance risk assessment.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #4

                                  Insurance agencies are usually created by way of

                                  • A. express agreement.
                                  • B. unilateral agreement.
                                  • C. implied agreement.
                                  • D. deed of agreement.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Question #5

                                  What does the Consumer Insurance (Disclosure and Representations) Act 2012 require from consumers applying for insurance?

                                  • A. Consumers must answer questions about their past claims history.
                                  • B. Consumers must disclose all material facts honestly and accurately.
                                  • C. Consumers are required to pay for claims made during the policy term.
                                  • D. Consumers must choose an insurer based on premium prices alone.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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