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CII E05 Exam Overview:
| Certification Vendor: | Chartered Insurance Institute (CII) |
| Exam Name: | Examination element of M05 Insurance law |
| Exam Number: | E05 |
| Real Exam Qty: | 50 |
| Exam Duration: | 60 minutes |
| Exam Format: | Multiple Choice Questions (MCQ), Multiple Response Questions |
| Passing Score: | 65% |
| Related Certifications: | Diploma in Insurance |
| Available Languages: | English |
| Sample Questions: | CII E05 Sample Questions |
| Exam Way: | Computer-based examination available at CII test centres and through remote online invigilation. |
| Pre Condition: | Knowledge equivalent to IF1 Insurance, Legal and Regulatory is recommended but not mandatory. |
| Official Syllabus URL: | https://www.cii.co.uk/learning/qualifications/unit-insurance-law-m05/ |
CII E05 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Law of Agency and Insurance | - Agency relationships
|
| Law of Torts | - Principles of tort law
|
| Law of Contract | - Contract formation and operation
|
| Insurance Claims | - Claims process and legal principles
|
| Insurance Contract Terms and Vitiating Factors | - Policy terms and validity
|
| Nature and Sources of English Law and Natural Legal Persons | - Nature and sources of English law
|
| Indemnity and Measurement of Loss | - Application of indemnity
|
| Formation of Insurance Contracts | - Insurance contract principles
|
| Subrogation and Contribution | - Recovery and sharing of losses
|
CII Examination element of M05 Insurance law Sample Questions:
1. The principle of subrogation prevents a policyholder from profiting from
A) assigning abandonment rights to the insurer.
B) claiming under both his insurance policy and against any negligent third party.
C) retaining salvaged property.
D) submitting a full claim recovery under more than one insurance policy.
2. A household insurance policyholder leaves his home to go to work without setting the burglar alarm. Whilst he was out, his new tumble dryer overheats and causes fire damage to the kitchen. In what circumstances may the insurer legally reject a fire claim?
A) If the tumble dryer is covered by extended warranty insurance.
B) If the policyholder exaggerates the value of the claim.
C) If there is a subrogation action against the manufacturer of the tumble dryer.
D) If there is a breach of a warranty requiring the burglar alarm to be set.
3. In the tort of negligence, a primary victim of nervous shock is a class of person who suffers psychiatric injury
A) as a result of stress or harassment at work.
B) through fear for his own safety in an accident.
C) as a result of grief or sorrow for the loss of a person with whom he had a close relationship.
D) through fear for the safety of another person involved in an accident which he witnessed.
4. Dan made a financial arrangement on behalf of Liz. However, Liz had the arrangement set aside by the court on the basis that she had been unduly influenced by Dan. To establish undue influence, the court must have specifically identified Dan as
A) Liz's husband.
B) Liz's independent financial adviser.
C) a person holding a dominant position over Liz.
D) a person holding a senior position at Liz's bank.
5. A riot results in a shop being damaged and the shopowner's insurer settling the claim. A subrogation right enabling the insurer to sue the police authority arises under
A) a condition subsequent to liability.
B) a condition precedent to liability.
C) tort.
D) statute.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
By Lauren
