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CII E05 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Formation of Insurance Contracts | 15% | - Offer, acceptance and consideration - Insurable interest - Utmost good faith and disclosure |
| Topic 2: Nature and Sources of English Law | 15% | - Legal personality and capacity - Sources of law: statute, common law, EU influence - Legal system and structure |
| Topic 3: Interpretation and Vitiation of Insurance Contracts | 15% | - Rules of construction - Factors vitiating the contract - Warranties, conditions and exceptions |
| Topic 4: Law of Agency | 10% | - Application to insurance intermediaries - Authority, rights and duties - Creation and types of agency |
| Topic 5: Law of Torts | 15% | - Other torts: trespass, nuisance, breach of statutory duty - Principles of negligence - Application to liability insurance |
| Topic 6: Law of Contract | 15% | - Terms, conditions and representations - Breach and remedies - Essentials of a valid contract |
| Topic 7: Claims and Indemnity Principles | 15% | - Subrogation and contribution - Notification and proof of loss - Measure of indemnity |
CII Examination element of M05 Insurance law Sample Questions:
1. What is the maximum contingency fee percentage under a damages-based agreement that can be charged by a solicitor for personal injury cases and employment tribunal cases respectively?
A) 50% for both cases.
B) 35% for personal injury cases and 25% for employment tribunal cases.
C) 35% for both cases.
D) 25% for personal injury cases and 35% for employment tribunal cases.
2. 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) Honest opinion.
C) Privilege.
D) Necessity.
E) Statutory authority.
3. When a defendant deliberately destroys possessions belonging to someone else, he has committed the tort(s) of
A) trespass to goods, conversion and nuisance only,
B) trespass to goods, conversion, nuisance and battery.
C) trespass to goods and conversion only.
D) trespass to goods only.
4. 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 merger between two major insurance companies.
B) The inadvertent non-cancellation of a policy when a new policy is taken out.
C) An overlap in cover between two different types of insurance policy.
D) A deliberate attempt to obtain the proceeds of two policies.
5. Which divisional court of the High Court includes a Commercial Court?
A) Partnership Division.
B) Chancery Division.
C) Family Division.
D) Queen's Bench Division.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,C | Question # 3 Answer: D | Question # 4 Answer: C,D | Question # 5 Answer: B |
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