- Home
- CII
- Insurance law (IL) Exam
- CII.M05.v2025-10-13.q42
- Question 37
Join the discussion
Question 37/42
The test of the materiality of facts in an insurance contract is defined according to the opinion of a
Correct Answer: D
Add Comments
- Other Question (42q)
- Q1. The Chancery Division is a division of the:
- Q2. A household insurance policyholder leaves his home to go to work without setting the burgl...
- Q3. For this question more than 1 option is correct. You must select all the correct options t...
- Q4. Which of the following is an essential element in the formation of an insurance contract?...
- Q5. For this question more than 1 option is correct. You must select all the correct options t...
- Q6. Which of the following is an example of a condition precedent in an insurance contract?...
- Q7. Which of the following is NOT an exclusion under a typical homeowners insurance policy?...
- Q8. Which of the following is considered an exclusion in a standard property insurance policy?...
- Q9. Under insurance law, what is the effect of a fraudulent claim on an insurance policy?...
- Q10. Which of the following is not a typical requirement for the formation of an insurance cont...
- Q11. John owns stock that he intentionally insured for £15,000, although the full value of the ...
- Q12. Insurance agencies are usually created by way of...
- Q13. Which body represents the solicitors' profession in England and Wales?...
- Q14. Fran is self-employed and works from home. She uses her spare bedroom as an office and sep...
- Q15. Dan made a financial arrangement on behalf of Liz. However, Liz had the arrangement set as...
- Q16. If a proposer has failed to fully answer a question on a proposal form, the insurer is dee...
- Q17. Which of the following is a key principle of insurance that ensures that a policyholder is...
- Q18. What does the principle of "indemnity" generally prevent in an insurance contract?...
- Q19. Julie has agreed to feed lan's cat whilst he is away on holiday in a remote location. When...
- Q20. A risk control survey shows that premises proposed for insurance are in close proximity to...
- Q21. What principle requires that both the insurer and insured disclose all material facts to e...
- Q22. How can an agency relationship be best described?...
- Q23. Which of the following best defines an insurance contract?...
- Q24. What is the most common for of corporation?
- Q25. A storm blew down the wall of a limber building. The failing wall broke electrical wiring,...
- Q26. The principle of subrogation prevents a policyholder from profiting from...
- Q27. What is the basis of settlement under a new for old insurance policy if a television is st...
- Q28. What is the principal reason for which a proposer is asked by the insurer whether his car ...
- Q29. Tim is a local insurance broker. He has authority to receive premiums for a personal lines...
- Q30. Which divisional court of the High Court includes a Commercial Court?...
- Q31. Which of the following is a feature of an insurance contract under the principle of "utmos...
- Q32. Paul made a formal offer to John and gave hun (out weeks to accept it. Three weeks later, ...
- Q33. What are the main objectives of the principle of insurable interest?...
- Q34. In a chain of events, the proximate cause of a loss is always the...
- Q35. Under UK insurance law, which document outlines the terms of the insurance agreement betwe...
- Q36. What is the principle of utmost good faith in insurance?...
- Q37. The test of the materiality of facts in an insurance contract is defined according to the ...
- Q38. Which of the following is an example of a condition precedent in an insurance contract?...
- Q39. Which of the following is true regarding the insurable interest in life insurance?...
- Q40. A warranty in Emily's personal travel insurance policy states that cash must be kept in a ...
- Q41. What is the role of an insurance broker in a typical insurance transaction?...
- Q42. What happens if an insured party fails to disclose a material fact during the application ...
