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CII M05 New Braindumps Questions - M05 Latest Exam Tips
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2025 CII High-quality M05: Insurance law (IL) Exam New Braindumps Questions
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CII Insurance law (IL) Exam Sample Questions (Q89-Q94):
NEW QUESTION # 89
Insurance agencies are usually created by way of
Answer: A
NEW QUESTION # 90
The branch of law particularly relevant when handling negligence claims is
Answer: D
NEW QUESTION # 91
In the context of insurance law, who is considered a third-party claimant?
Answer: B
Explanation:
A third-party claimant is someone who is not a party to the insurance contract but claims compensation from the policyholder's insurer for losses or injuries caused by the policyholder.
NEW QUESTION # 92
Which of the following is a feature of an insurance contract under the principle of "utmost good faith"?
Answer: A
Explanation:
Under the principle of utmost good faith (also known as "uberrimae fidei"), the insured must disclose all material facts to the insurer that could affect the insurer's decision to provide coverage or the terms of the policy.
NEW QUESTION # 93
Why may an insurer insert a continuing warranty into an insurance policy?
Answer: C
NEW QUESTION # 94
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