CII M05 問題集

質問 1：
In terms of private motor insurance, a renewal offer can be accepted
A. by the proposer acting in reliance of the offer.
B. only by the proposer personally.
C. only by written communication.
D. by any third party.
正解：A

質問 2：
In the context of insurance, what does "utmost good faith" (uberrimae fidei) require?
A. The policyholder must always pay premiums in advance
B. The insurance contract must be written in simple, easy-to-understand language
C. Both parties must fully disclose all relevant information
D. The insurer must offer the policyholder the best possible coverage
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 3：
Insurance agencies are usually created by way of
A. unilateral agreement.
B. deed of agreement.
C. implied agreement.
D. express agreement.
正解：D

質問 4：
If a proposer has failed to fully answer a question on a proposal form, the insurer is deemed to have waived its rights to this information because it
A. does not have the right to ask the proposer for more information.
B. did not request further information.
C. should be able to underwrite the risk based on the information already provided.
D. has statistics on similar risks.
正解：B

質問 5：
Which of the following is an example of a condition precedent in an insurance contract?
A. The insured must maintain the insured item in good condition
B. The insurer must provide coverage for accidental damage
C. The insured must pay the premium
D. The insurer is required to pay claims for theft
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 6：
For this question more than 1 option is correct. You must select all the correct options to gain the mark. How may double insurance arise?
A. A deliberate attempt to obtain the proceeds of two policies.
B. The inadvertent non-cancellation of a policy when a new policy is taken out.
C. A merger between two major insurance companies.
D. An overlap in cover between two different types of insurance policy.
正解：A,D

質問 7：
Which of the following is a characteristic of a contract of insurance?
A. It must be written in a formal language
B. It requires both parties to meet in person
C. It involves a promise of a return on investment
D. It is always a contract of adhesion
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 8：
In a chain of events, the proximate cause of a loss is always the
A. only event which is not excluded by the terms of the policy.
B. last event before the loss occurs.
C. only event contributing towards the loss.
D. dominant event leading to the loss.
正解：D

質問 9：
How do an insurer's subrogation rights differ, if at all, between a theft policy and a personal accident policy?
A. Subrogation rights only apply under a theft policy.
B. Subrogation rights only apply under a personal accident policy.
C. Subrogation rights do not apply under either policy.
D. Subrogation rights apply under both policies.
正解：A