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CII IF1

IF1

Exam Code: IF1

Exam Name: Insurance Legal and Regulatory (IF1) Exam

Updated: Jun 06, 2026

Q & A: 100 Questions and Answers

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About CII IF1 Exam Braindumps

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CII Insurance Legal and Regulatory (IF1) Sample Questions:

1. A loss adjuster normally acts on behalf of the

A) insured.
B) Financial Services Compensation Scheme.
C) insurer.
D) Financial Ombudsman Service.


2. Julie has cancelled her trip to tlaly as she has broken her leg. Which type of insurance policy is specifically designed to compensate Julie for any cancellation charges she has incurred?

A) An income protection insurance policy.
B) A travel insurance policy.
C) A personal accident and sickness insurance policy.
D) A money insurance policy.


3. When completing a proposal form, Tom declares that he has two spent speeding convictions. How, if at all, will the spent convictions affect an underwriter's decision to write the risk?

A) They will be classed as relevant information and will affect the premium.
B) They will only be considered if Tom had a further speeding conviction in the last 12 months.
C) They will not be considered as this is not an underwriting factor in motor insurance risk assessment.
D) They will be ignored in accordance with the provisions of the Rehabilitation of Offenders Act 1974.


4. Under a coinsurance arrangement, who is ultimately responsible for payment of an agreed claim?

A) Each coinsurer for its own proportion only.
B) The lead insurer.
C) The intermediary.
D) Each coinsurer for its own proportion, but also a share of any proportion unpaid due to the default of another coinsurer.


5. In order for a contract to be legally enforceable, what further action is required after offer and acceptance?

A) Delivery of goods or services concerned.
B) Provision of written terms and conditions.
C) Witnessing by a third party.
D) Exchange of consideration between the two parties.


Solutions:

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

898 Customer ReviewsCustomers Feedback (* Some similar or old comments have been hidden.)

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