CII Insurance Legal and Regulatory (IF1) - IF1 模擬練習
Sunita suffers a loss and makes a claim under her household contents insurance policy. When must insurable interest exist for her claim to be valid?
正解: C
Lloyd's is known as a subscription market because
正解: C
When a member of the Chartered Insurance Institute (CM) is dealing with a client, what specific guidance does the Code of Ethics give in relation to the member's knowledge and expertise?
正解: C
Which distribution channel for household insurance is typically characterised by high advertising and promotional costs, with no payment of commission?
正解: C
A policyholder achieves peace of mind when insuring his car by
正解: C
Insurers and intermediaries are required to adhere to solvency requirements as stipulated by the
正解: D
It is important to ensure the fair treatment of customers in order to comply with rules set by the
正解: A
A claim has arisen which is fully covered under insurer A's policy and insurer B's policy. Insurer A's policy has a sum insured of £30,000 and insurer B's policy has a sum insured of £50,000. What proportion of the claim is insurer B liable for if the principle of contribution applies on a rateable proportion by sum insured basis?
正解: C
For which professional is professional indemnity insurance compulsory by statute?
正解: C
A house slatls to have subsidence problems due to the negligence of a cable-laying company. The owner of the house claims under his household buildings insurance policy. Which principle allows the insurer to recover from the cable-laying company?
正解: C