CII M05 dumps torrent : Insurance law (IL) Exam

  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: May 30, 2026     Q & A: 121 Questions and Answers

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About CII Insurance law (IL) : M05 Exam Questions

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CII Insurance law (IL) Sample Questions:

1. A claimant may possibly recover money transferred under an illegal contract when

A) the illegality makes the contract voidable rather than void.
B) both parties to the contract are equal in wrongdoing.
C) the legal portion of the contract can be severed from the illega portion.
D) the contract is against public policy but not substantive law.


2. In respect of a life assurance policy, the duty to take reasonable care NOT to make a misrepresentation ends when the proposer

A) assigns the contract to a third party.
B) forms the contract with the insurer.
C) signs and submits the completed proposal form to the insurer.
D) dies and his estate submits a claim to the insurer.


3. In which of the following cases can the insurer void an insurance contract?

A) If the policyholder does not pay the premium
B) If the policyholder has misrepresented a material fact at the time of underwriting
C) If the insurer cannot locate the policyholder
D) If the insurer fails to provide a certificate of insurance


4. Why may an insurer insert a continuing warranty into an insurance policy?

A) To maintain the annual aggregate limit of liability throughout the policy period.
B) To ensure that underinsurance is avoided at all times.
C) To enable an insurer to charge an additional premium if the warranty is continually breached.
D) To encourage good risk management by the insured throughout the policy period.


5. 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.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: D

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