CII M05 dumps - in .pdf

M05 pdf
  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Jul 27, 2026
  • Q & A: 121 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Jul 27, 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

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  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Jul 27, 2026
  • Q & A: 121 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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CII M05 Exam Syllabus Topics:

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

                                  CII Insurance law (IL) Sample Questions:

                                  1. 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?

                                  A) Apply any terms it would have applied if the misrepresentation had not taken place.
                                  B) Avoid the contract, refuse all claims and keep the premium.
                                  C) Reject the claim, but maintain the policy.
                                  D) Reduce the claim amount in proportion to the premium it would have charged.


                                  2. 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?

                                  A) Reject the claim for breach of warranty.
                                  B) Make an ex-gratia payment.
                                  C) Pay the claim in full.
                                  D) Avoid the policy ab initio.


                                  3. When the rule in Rylands v Fletcher operates, liability arises from the:

                                  A) defendant's negligence.
                                  B) vicarious liability of the defendant
                                  C) strict liability of the defendant
                                  D) defendant's trespass to land


                                  4. 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 a corporation aggregate?

                                  A) It is a legal person representing one official position.
                                  B) It is answerable to its shareholders or members.
                                  C) It is not treated as a separate legal entity.
                                  D) It is an organisation with a separate legal existence to its membership.


                                  5. 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?

                                  A) John cannot enforce the contract but is entitled to claim damages from Paul.
                                  B) Paul does not have the right to withdraw the offer within the four-week period.
                                  C) Paul has the right to withdraw the offer at any time before acceptance.
                                  D) John can enforce the contract as the offer was formally made.


                                  Solutions:

                                  Question # 1
                                  Answer: A,D
                                  Question # 2
                                  Answer: C
                                  Question # 3
                                  Answer: C
                                  Question # 4
                                  Answer: B,D
                                  Question # 5
                                  Answer: C

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