CII Insurance Legal and Regulatory (IF1) IF1 Prüfungsfragen mit Lösungen:
1. Which distribution channel for household insurance is typically characterised by high advertising and promotional costs, with no payment of commission?
A) Independent brokers.
B) Direct insurers.
C) Lloyd's.
D) Appointed representatives.
2. A loss adjuster normally acts on behalf of the
A) Financial Services Compensation Scheme.
B) insured.
C) insurer.
D) Financial Ombudsman Service.
3. From April 2019. a small company with nine employees is in dispute with its insurer and wishes to refer the matter to the Financial Ombudsman Service (FOS). The FOS is only permitted lo deal with the dispute if the insured's turnover does NOT exceed
A) £3,500,000
B) £6,000,000
C) £1,000,000
D) £6,500,000
4. John has a whole of life policy and has recently been diagnosed with cancer. When, if at all. must he disclose this to his insurer?
A) He does not need to disclose this.
B) Immediately, irrespective of prognosis.
C) At the date of the next premium payment.
D) Immediately, but only if the diagnosis is terminal.
5. An investor is unable to obtain insurance to protect his potential losses while trading on the stock market because the category of risk is deemed to be
A) pure.
B) speculative.
C) particular.
D) financial.
Fragen und Antworten:
| 1. Frage Antwort: B | 2. Frage Antwort: C | 3. Frage Antwort: C | 4. Frage Antwort: A | 5. Frage Antwort: B |
832 Kundenbewertungen
