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CII E05 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Insurance Contract Terms and Vitiating Factors | - Policy terms and validity
|
| Subrogation and Contribution | - Recovery and sharing of losses
|
| Formation of Insurance Contracts | - Insurance contract principles
|
| Indemnity and Measurement of Loss | - Application of indemnity
|
| Law of Torts | - Principles of tort law
|
| Insurance Claims | - Claims process and legal principles
|
| Law of Agency and Insurance | - Agency relationships
|
| Law of Contract | - Contract formation and operation
|
| Nature and Sources of English Law and Natural Legal Persons | - Nature and sources of English law
|
CII Examination element of M05 Insurance law Sample Questions:
Within what time period, from the date when the damage first began, does the owner of an office block have a right to sue the builder for negligent construction work?
- A. 6 years.
- B. 9 years.
- C. 3 years.
- D. 15 years.
What is the intended purpose of a subrogation waiver clause in an insurance po
- A. The insurer's subrogation rights will not be exercised against certain parties associated with the insured.
- B. Cover is suspended whilst the insurer pursues an action for subrogation.
- C. The insured has a duty to ensure that the insurer's subrogation rights are maintained.
- D. The doctrine of subrogation is excluded from the policy.
In terms of private motor insurance, a renewal offer can be accepted
- A. only by the proposer personally.
- B. only by written communication.
- C. by the proposer acting in reliance of the offer.
- D. by any third party.
The principle of subrogation prevents a policyholder from profiting from
- A. retaining salvaged property.
- B. claiming under both his insurance policy and against any negligent third party.
- C. assigning abandonment rights to the insurer.
- D. submitting a full claim recovery under more than one insurance policy.
Ambiguous terms in a household insurance contract are generally construed against the
- A. insurer due to the contra proferentem rule.
- B. insurer due to the ejusdem generis rule.
- C. policyholder due to the literal rule.
- D. policyholder due to the noscitur a sociis rule.
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