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CII E05 Valid Braindumps - Examination element of M05 Insurance law

E05
  • Exam Code: E05
  • Exam Name: Examination element of M05 Insurance law
  • Updated: Sep 07, 2026
  • Q & A: 52 Questions and Answers
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About CII E05 Exam

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CII E05 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Formation of Insurance Contracts15%- Offer, acceptance and consideration
- Utmost good faith and disclosure
- Insurable interest
Topic 2: Claims and Indemnity Principles15%- Measure of indemnity
- Subrogation and contribution
- Notification and proof of loss
Topic 3: Interpretation and Vitiation of Insurance Contracts15%- Factors vitiating the contract
- Rules of construction
- Warranties, conditions and exceptions
Topic 4: Law of Torts15%- Other torts: trespass, nuisance, breach of statutory duty
- Principles of negligence
- Application to liability insurance
Topic 5: Law of Agency10%- Authority, rights and duties
- Application to insurance intermediaries
- Creation and types of agency
Topic 6: Nature and Sources of English Law15%- Legal personality and capacity
- Sources of law: statute, common law, EU influence
- Legal system and structure
Topic 7: Law of Contract15%- Breach and remedies
- Essentials of a valid contract
- Terms, conditions and representations

CII Examination element of M05 Insurance law Sample Questions:

Question #1

Which divisional court of the High Court includes a Commercial Court?

  • A. Queen's Bench Division.
  • B. Chancery Division.
  • C. Partnership Division.
  • D. Family Division.
Answer: B
Question #2

For this question more than 1 option is correct. You must select all the correct options to gain the mark.
The Insurance: Conduct of Business sourcebook (ICOBS) rules in respect of claims handling specify that an insurer must

  • A. handle a claims notification within 14 days.
  • B. not unreasonably reject an insured's claim.
  • C. provide reasonable guidance to an insured to help him make a claim.
  • D. settle a claim promptly once settlement has been agreed.
Answer: B,C,D
Question #3

For this question more than 1 option is correct. You must select all the correct options to gain the mark. In a consumer insurance policy, a warranty can arise as

  • A. an express term.
  • B. an exception clause.
  • C. a basis of the contract clause.
  • D. a continuing warranty.
Answer: A,C
Question #4

According to statute law, an unfair term in a consumer insurance contract is defined as one which

  • A. has been individually negotiated and is to the detriment of either one of the parties.
  • B. does not restrict liability for death or personal injury.
  • C. causes a significant imbalance in the parties' rights to the detriment of the consumer.
  • D. provides insurance where the scope of cover is narrow compared to the premium charged.
Answer: C
Question #5

Two liability policies with different insurers cover the same loss of £15,000,000. The limit of liability is
£10,000,000 under policy X and £20,000,000 under policy Y. Neither policy has a non-contribution clause.
What amount will policy Y contribute towards the claim payment?

  • A. £9,000,000
  • B. £10,000,000
  • C. £5,000,000
  • D. £7,500,000
Answer: A

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