Make success possible with our Latest and Unique Insurance Law (M05) E05 Practice Exam!
Name: Examination element of M05 Insurance law
Exam Code: E05
Certification: Insurance Law (M05)
Vendor: CII
Total Questions: 50
Last Updated: May 20, 2024
283 Satisfied Customers
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As a result of a breach of good faith under a commercial insurance policy, the insureravoided the policy as a whole, but was NOT permitted to retain the premium because
Two liability policies with different insurers cover the same loss of £15,000,000. The limit ofliability is £10,000,000 under policy X and £20,000,000 under policy Y. Neither policy has a non-contribution clause. What amount will policy Y contribute towards the claim payment?
According to statute law, an unfair term in a consumer insurance contract is defined as onewhich