CII M05 Q&A - in .pdf

  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Aug 20, 2026
  • Q & A: 121 Questions and Answers
  • PDF Price: $59.98
  • Printable CII M05 PDF Format. It is an electronic file format regardless of the operating system platform.
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CII M05 Q&A - Testing Engine

  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Aug 20, 2026
  • Q & A: 121 Questions and Answers
  • Install on multiple computers for self-paced, at-your-convenience training.
  • PC Test Engine Price: $59.98
  • Testing Engine

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CII M05 Exam Syllabus Topics:
SectionWeightObjectives
Formation of Insurance Contracts18%- Utmost good faith, disclosure, representation
  • 1. Insurable interest, indemnity, subrogation
    Legislation and Regulation14%- Consumer protection, data protection, FCA/PRA rules
    • 1. Insurance regulatory framework
      Law of Contract12%- Formation of contract
      • 1. Offer, acceptance, consideration, intention
        • 2. Terms, breach, remedies, privity
          Claims and Loss Settlement14%- Notification, proof of loss, measure of indemnity
          • 1. Subrogation, contribution, proximate cause
            English Legal System and Basic Concepts10%- Nature and sources of law
            • 1. Common law, statute law, EU law
              • 2. Legal persons and capacity
                Terms and Interpretation of Insurance Contracts16%- Conditions, warranties, exceptions
                • 1. Vitiating factors, construction of terms
                  Law of Agency8%- Authority, duties, rights and liabilities
                  • 1. Agent-principal relationship in insurance
                    Law of Torts8%- Principles of tort liability
                    • 1. Negligence, nuisance, strict liability
                      CII Insurance law (IL) Sample Questions:

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

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


                      2. What principle requires that both the insurer and insured disclose all material facts to each other before and during the contract?

                      A) The principle ofutmost good faith (uberrimae fidei)
                      B) The principle ofsubrogation
                      C) The principle ofcontribution
                      D) The principle ofindemnity


                      3. Paul made a formal offer to John and gave hun (out weeks to accept it. Three weeks later, and before, John had responded. Paul needed to withdraw the offer. What is the position in contract law?

                      A) John can enforce the contract as the offer was formally made.
                      B) John cannot enforce the contract but is entitled to claim damages from Paul.
                      C) Paul does not have the right to withdraw the offer within the four-week period.
                      D) Paul has the right to withdraw the offer at any time before acceptance.


                      4. What is the effect of a waiver on an insurance contract?

                      A) It terminates the policy
                      B) It allows the insurer to increase the premium
                      C) It reduces the policyholder's obligation to make full disclosure
                      D) It allows one party to ignore certain policy terms


                      5. What is the maximum contingency fee percentage under a damages-based agreement that can be charged by a solicitor for personal injury cases and employment tribunal cases respectively?

                      A) 50% for both cases.
                      B) 35% for personal injury cases and 25% for employment tribunal cases.
                      C) 35% for both cases.
                      D) 25% for personal injury cases and 35% for employment tribunal cases.


                      Solutions:

                      Question # 1
                      Answer: A
                      Question # 2
                      Answer: A
                      Question # 3
                      Answer: D
                      Question # 4
                      Answer: D
                      Question # 5
                      Answer: D

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