CII M05 問題集

質問 1：
For this question more than 1 option is correct. You must select ail the correct options to gain the mark.
In what circumstances does the Fires Prevention (Metropolis) Act 1774 require insurance companies to ensure that claims monies are used to rebuild or reinstate buildings destroyed or damaged by fire?
A. Upon the request of any person(s) interested in the buildings.
B. When fraud or arson by the insured is suspected.
C. Where there is underinsurance.
D. Where the building was destroyed by an explosion.
正解：A,B

質問 2：
Which of the following is true about insurable interest?
A. Insurable interest is only required for life insurance policies
B. Insurable interest must always be proven at the time the policy is issued
C. The policyholder must have a financial stake in the property or event insured at the time of loss
D. The policyholder must have an interest in the property at the time of policy purchase but not at thetime of loss
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 3：
Which of the following is a feature of an insurance contract under the principle of "utmost good faith"?
A. The insured must disclose all material facts relevant to the risk.
B. The insurer must pay all claims, regardless of the terms of the policy.
C. The insurer must be transparent about the terms of the policy.
D. Both parties must agree on the premium amount in advance.
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 4：
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

質問 5：
A claimant may possibly recover money transferred under an illegal contract when
A. the illegality makes the contract voidable rather than void.
B. the contract is against public policy but not substantive law.
C. the legal portion of the contract can be severed from the illega portion.
D. both parties to the contract are equal in wrongdoing.
正解：D

質問 6：
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 7：
For this question more than 1 option is correct. You must select fill the correct options to gain the mark. In what circumstances would an agency agreement be automatically terminated?
A. Bankruptcy of the agent.
B. Disclosure of the name of the principal.
C. Bankruptcy of the principal.
D. Death of the agent.
正解：C,D

質問 8：
Which of the following is true regarding the "principle of subrogation"?
A. It prevents the insurer from recovering any costs from a third party
B. It allows the insurer to pursue third parties responsible for the loss
C. It allows the insured to be compensated twice for the same loss
D. It means the insurer is entitled to the premium even if the claim is not paid
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 9：
In the context of insurance law, who is considered a third-party claimant?
A. A family member of the policyholder
B. The policyholder who initiates a claim
C. An insurance broker acting on behalf of a client
D. A person who suffers a loss or injury caused by the policyholder's actions
正解：B
解説: (Topexam メンバーにのみ表示されます)