Valid CII M05 free demo & M05 pass exam & M05 getfreedumps review
Valid CII M05 free demo & M05 pass exam & M05 getfreedumps review
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CII Insurance law (IL) Exam Sample Questions (Q10-Q15):
NEW QUESTION # 10
In the tort of negligence, a primary victim of nervous shock is a class of person who suffers psychiatric injury
- A. through fear for his own safety in an accident.
- B. through fear for the safety of another person involved in an accident which he witnessed.
- C. as a result of stress or harassment at work.
- D. as a result of grief or sorrow for the loss of a person with whom he had a close relationship.
Answer: A
NEW QUESTION # 11
Tim is a local insurance broker. He has authority to receive premiums for a personal lines insurer and earns commission from the insurer for sales. Paul, an elderly customer, asked Tim for advice regarding his personal insurance requirements and to assist with completing the proposal form for household insurance. In these circumstances, who, if anyone, is Tim's principal?
- A. Both the insurer and Paul at different times.
- B. No one as Tim is not a party to the insurance contract.
- C. Paul as it is a consumer contract.
- D. The insurer at all times.
Answer: D
NEW QUESTION # 12
Which legislation regulates the conduct of insurance companies and their intermediaries in the UK?
- A. The Companies Act 2006
- B. The Consumer Insurance (Disclosure and Representations) Act 2012
- C. The Insurance Act 2015
- D. The Financial Services and Markets Act 2000
Answer: D
Explanation:
The Financial Services and Markets Act 2000 (FSMA) regulates the conduct of financial services firms, including insurance companies and intermediaries, in the UK. It establishes the framework for the regulation of the insurance industry.
NEW QUESTION # 13
Adam was bitten by a stray dog in Africa. He washed his wound in a pond and a week later he became very ill with a high temperature. Initially, the local hospital treated him for malaria and later treated him for the fever following the dog bite. Adam died in hospital. What is the proximate cause of his death?
- A. The unhygienic washing of the dog bite.
- B. The original physical injury of the dog bite.
- C. The delay in seeking medical treatment.
- D. The delay in obtaining the correct medical treatment.
Answer: B
NEW QUESTION # 14
What is the role of a condition precedent in an insurance policy?
- A. It defines the scope of coverage for the policyholder
- B. It ensures that the insurer will cover all risks associated with a policy
- C. It is a requirement that must be met before the insurer is liable for a claim
- D. It outlines exclusions from coverage
Answer: C
Explanation:
A condition precedent refers to a requirement that must be met before an insurer is obligated to pay a claim.
Failure to meet this condition can result in the insurer not being liable.
NEW QUESTION # 15
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