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| Section | Objectives |
|---|---|
| Risk and Risk Management | - Apply main features of risk and risk management to scenarios - Understand the nature and main features of risk within the insurance environment |
| Insurance Fundamentals | - Know the structure and main features of the insurance market - Understand the main features of insurance |
| Regulation and Legal Requirements | - Know methods of preventing, handling and resolving consumer complaints - Understand consumer protection and dispute resolution - Understand main regulatory and legal requirements applicable to insurance business |
| Principles of Contract and Agency | - Understand contract and agency - Understand the principle of insurable interest |
| Key Insurance Principles | - Understand the principles of contribution and subrogation - Understand the doctrine of proximate cause - Understand the principle of indemnity - Understand the principle of good faith |
| Professional and Ethical Standards | - Understand the CII Code of Ethics and apply principles to non-complex scenarios |
The purpose of Insurance Premium Tax is to
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?
To whom, if anyone, can an agent normally delegate the responsibility imposed on net under an agency agreement?
A storm blew down the wall of a limber building. The failing wall broke electrical wiring, which short-circuited and the resultant sparks caused a fire. The lire brigade used water to put out the fire and the water caused damage to the unburnt contents. What is the proximate cause of the damage to the unburnt contents?
It is important to ensure the fair treatment of customers in order to comply with rules set by the
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