CII M05 問題集

質問 1：
What is the principle of utmost good faith in insurance?
A. Both parties in the contract must act honestly and disclose all material facts.
B. The insurance policy must be renewed annually.
C. A policyholder's claims must always be paid out without dispute.
D. Insurers must provide coverage for all types of risks.
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 2：
Julie has agreed to feed lan's cat whilst he is away on holiday in a remote location. When the cat becomes seriously ill. Julie is unable to contact Ian, so she takes the cat to the vet and also pays the vet's bill. In these circumstances. Julie is best described as:
A. an agent by estoppel
B. an agent by necessity
C. an express agent
D. an implied agent
正解：D

質問 3：
According to statute law, an unfair term in a consumer insurance contract is defined as one which
A. does not restrict liability for death or personal injury.
B. causes a significant imbalance in the parties' rights to the detriment of the consumer.
C. has been individually negotiated and is to the detriment of either one of the parties.
D. provides insurance where the scope of cover is narrow compared to the premium charged.
正解：B

質問 4：
What does the principle of "indemnity" generally prevent in an insurance contract?
A. Limiting the insurer's liability
B. Setting premiums based on market conditions
C. Allowing the insured to profit from the loss
D. Insuring property for more than its actual value
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 5：
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 6：
Fraudulent claims invalidate the policy and the insurer is entitled to cancel the policy and deny any claims associated with it. Fraud is a serious violation under the principle of utmost good faith.
What is the purpose of the Doctrine of Insurable Interest in insurance contracts?
A. To protect the insurer from excessive claims
B. To protect the policyholder's right to make a claim regardless of their involvement
C. To ensure that the policyholder has a financial stake in the insured item or person
D. To prevent the insured from profiting from a loss
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 7：
Which legislation regulates the conduct of insurance companies and their intermediaries in the UK?
A. The Insurance Act 2015
B. The Consumer Insurance (Disclosure and Representations) Act 2012
C. The Companies Act 2006
D. The Financial Services and Markets Act 2000
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 8：
What are the main objectives of the principle of insurable interest?
A. To reduce moral hazard and to discourage profiteering.
B. To reduce moral hazard and to discourage wagering.
C. To reduce physical hazard and to discourage wagering.
D. To reduce physical hazard and to discourage profiteering.
正解：B