Last Updated: Sep 15, 2026
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| Section | Objectives |
|---|---|
| Professional and Ethical Standards | - Understand the CII Code of Ethics and apply principles to non-complex scenarios |
| Risk and Risk Management | - Apply main features of risk and risk management to scenarios - Understand the nature and main features of risk within the insurance environment |
| Insurance Fundamentals | - Know the structure and main features of the insurance market - Understand the main features of insurance |
| Key Insurance Principles | - Understand the principles of contribution and subrogation - Understand the principle of good faith - Understand the principle of indemnity - Understand the doctrine of proximate cause |
| Principles of Contract and Agency | - Understand contract and agency - Understand the principle of insurable interest |
| Regulation and Legal Requirements | - Know methods of preventing, handling and resolving consumer complaints - Understand main regulatory and legal requirements applicable to insurance business - Understand consumer protection and dispute resolution |
In accordance with the principle of good faith, which facts must a potential policyholder disclose to the insurer when applying for insurance?
Correct Answer: C 🗳️
Under the regulator's training and competency rules, a general insurance employee carrying out a non-WiFID business activity
Correct Answer: B 🗳️
John and his wife arrange a household contents insurance policy in joint names with insurer A for a sum insured of £10,000. His wife arranges a second policy on the same basis with insurer B for a sum insured of
£20,000. Both policies have identical terms and conditions. What is insurer A's liability if a valid claim of
£3,000 is subsequently made?
Correct Answer: B 🗳️
John has a whole of life policy and has recently been diagnosed with cancer. When, if at all. must he disclose this to his insurer?
Correct Answer: B 🗳️
When completing a proposal form, Tom declares that he has two spent speeding convictions. How, if at all, will the spent convictions affect an underwriter's decision to write the risk?
Correct Answer: D 🗳️
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