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CII M05 Testking Braindumps - in .pdf Free Demo

  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Last Updated: Aug 22, 2026
  • Q & A: 121 Questions and Answers
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  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Last Updated: Aug 22, 2026
  • Q & A: 121 Questions and Answers
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CII M05 Exam Syllabus Topics:

SectionObjectives
Topic 1: Law of Agency and Insurance- Agency relationships
  • 1. Authority of agents
  • 2. Creation of agency
  • 3. Duties and liabilities
Topic 2: Nature and Sources of English Law and Legal Persons- Nature and sources of English law
  • 1. Common law
  • 2. Statute law
  • 3. European and international influences
- Legal personality
  • 1. Juristic persons
  • 2. Natural persons
Topic 3: Insurance Claims- Claims process and legal principles
  • 1. Claims handling
  • 2. Policyholder duties
  • 3. Claims notification
Topic 4: Law of Torts- Principles of tort law
  • 1. Trespass
  • 2. Negligence
  • 3. Nuisance
Topic 5: Indemnity and Loss Measurement- Principle of indemnity
  • 1. Valuation of loss
  • 2. Methods of indemnification
Topic 6: Formation of Insurance Contracts- Core insurance principles
  • 1. Insurable interest
  • 2. Utmost good faith
  • 3. Disclosure and misrepresentation
Topic 7: Subrogation and Contribution- Recovery rights and sharing of losses
  • 1. Subrogation
  • 2. Contribution
Topic 8: Law of Contract- Contract formation and operation
  • 1. Breach of contract
  • 2. Offer and acceptance
  • 3. Terms of contract
  • 4. Consideration
Topic 9: Insurance Contract Terms and Vitiating Factors- Factors affecting validity
  • 1. Misrepresentation
  • 2. Non-disclosure
  • 3. Fraud
- Policy terms and breaches
  • 1. Representations
  • 2. Warranties
  • 3. Conditions

CII Insurance law (IL) Sample Questions:

1. Exemplary damages are intended to:

A) punish the defendant for his conduct
B) record the court's disapproval of the claimant's conduct
C) award nominal compensation to the claimant
D) show that the defendant has aggravated Ihe injury suffered


2. For this question more than 1 option is correct. You must select ail the correct options to gain the mark.
In what circumstances does the Fires Prevention (Metropolis) Act 1774 require insurance companies to ensure that claims monies are used to rebuild or reinstate buildings destroyed or damaged by fire?

A) Upon the request of any person(s) interested in the buildings.
B) Where the building was destroyed by an explosion.
C) Where there is underinsurance.
D) When fraud or arson by the insured is suspected.


3. Which of the following is a typical remedy for an insurer when the insured breaches a warranty?

A) The insurer is obligated to reduce the payout amount based on the breach
B) The insurer may cancel the contract or refuse to pay a claim
C) The insurer must continue to provide coverage, but with an increased premium
D) The insurer can sue the insured for breach of contract


4. Which body represents the solicitors' profession in England and Wales?

A) The Faculty of Advocates.
B) Bar Council.
C) The Law Society.
D) The Solicitors Regulation Authority.


5. A claimant may possibly recover money transferred under an illegal contract when

A) both parties to the contract are equal in wrongdoing.
B) the legal portion of the contract can be severed from the illega portion.
C) the contract is against public policy but not substantive law.
D) the illegality makes the contract voidable rather than void.


Solutions:

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

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