We're so confident of our products that we provide no hassle product exchange.
CII E05 Exam Overview:
| Certification Vendor: | CII (The Chartered Insurance Institute) |
| Exam Name: | Examination element of M05 Insurance law |
| Exam Number: | E05 |
| Exam Price: | £195 - £245 (approx., varies by region/member status) |
| Exam Format: | Multiple Choice Questions (MCQ), Multiple Response Questions |
| Exam Duration: | 60 minutes |
| Real Exam Qty: | 50 |
| Certificate Validity Period: | 3 years |
| Related Certifications: | CII Diploma in Insurance CII Advanced Diploma in Insurance |
| Available Languages: | English |
| Passing Score: | 65% |
| Recommended Training: | CII RevisionMate Learning Platform CII Key Facts Booklet - M05 |
| Exam Registration: | CII Official Registration |
| Sample Questions: | CII E05 Sample Questions |
| Exam Way: | Online remote proctored or in-person at approved test centres |
| Pre Condition: | Recommended prior knowledge: IF1 Insurance, Legal and Regulatory or equivalent |
| Official Syllabus URL: | https://www.ciigroup.org/learning/qualifications/diploma-in-insurance-qualification/unit-insurance-law-m05/ |
CII E05 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Interpretation and Vitiation of Insurance Contracts | 15% | - Warranties, conditions and exceptions - Factors vitiating the contract - Rules of construction |
| Law of Agency | 10% | - Creation and types of agency - Authority, rights and duties - Application to insurance intermediaries |
| Formation of Insurance Contracts | 15% | - Utmost good faith and disclosure - Insurable interest - Offer, acceptance and consideration |
| Law of Torts | 15% | - Application to liability insurance - Other torts: trespass, nuisance, breach of statutory duty - Principles of negligence |
| Nature and Sources of English Law | 15% | - Legal personality and capacity - Sources of law: statute, common law, EU influence - Legal system and structure |
| Law of Contract | 15% | - Terms, conditions and representations - Essentials of a valid contract - Breach and remedies |
| Claims and Indemnity Principles | 15% | - Measure of indemnity - Subrogation and contribution - Notification and proof of loss |
CII Examination element of M05 Insurance law Sample Questions:
1. A breach of warranty under the general law of contract legally entitles an injured party to
A) claim damages.
B) obtain specific performance.
C) avoid the contract from the date of the breach.
D) avoid the contract ab initio.
2. For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of an express term in reaching or recording an agreement?
A) It will usually override any implied term which conflicts with it.
B) It may be oral or in writing.
C) It may be implied by conduct.
D) It must be evidenced in documentary form.
3. For this question more than 1 option is correct. You must select all the correct options to gain the mark. Which special defences are available to the fort of libel?
A) Prescription.
B) Privilege.
C) Necessity.
D) Honest opinion.
E) Statutory authority.
4. In the tort of negligence, a primary victim of nervous shock is a class of person who suffers psychiatric injury
A) as a result of grief or sorrow for the loss of a person with whom he had a close relationship.
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) through fear for his own safety in an accident.
5. For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of a corporation aggregate?
A) It is an organisation with a separate legal existence to its membership.
B) It is a legal person representing one official position.
C) It is not treated as a separate legal entity.
D) It is answerable to its shareholders or members.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,B | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: A,D |
By Laura
