CII Insurance law (IL) 認定 M05 試験問題:

1. Under the principle of indemnity, what is the objective of an insurance contract?

A) To restore the insured to the same financial position they were in before the loss
B) To ensure the insured receives full compensation for their loss regardless of the circumstances
C) To ensure the insured profits from the loss
D) To protect the insurer from fraudulent claims

2. What is the principal reason for which a proposer is asked by the insurer whether his car will be driven by anyone else?

A) It is a material circumstance.
B) To enable a loading to be applied.
C) To enable a discount to be applied.
D) To establish whether insurable interest exists.

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

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) a person holding a senior position at Liz's bank.
C) a person holding a dominant position over Liz.
D) Liz's independent financial adviser.

5. The branch of law particularly relevant when handling negligence claims is

A) public law.
B) civil law.
C) administrative.
D) constitutional law.

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