IF1 무료 덤프문제 온라인 액세스

Which typo of insurer is owned by multiple policyholders?

• A.A mutual insurer.
• B.A proprietary insurer.
• C.A composite insurer.
• D.A captive insurer.

John has a whole of life policy and has recently been diagnosed with cancer. When, if at all. must he disclose this to his insurer?

• A.At the date of the next premium payment.
• B.He does not need to disclose this.
• C.Immediately, irrespective of prognosis.
• D.Immediately, but only if the diagnosis is terminal.

What are the other key components of risk apart from uncertainty?

• A.Financial losses.
• B.Low severity losses and low frequency losses.
• C.The level of risk, peril and hazard.
• D.Financial losses and speculation.

Peter currently has no penalty points on his driving licence, although he was convicted of a minor motoring offence eight years ago. Why does Peter NOT need to disclose this to his motor insurer?

• A.It is a spent conviction.
• B.It represents a moral hazard.
• C.It is information that would not influence an underwriter.
• D.It represents a physical hazard.

A claim has arisen which is fully covered under insurer A's policy and insurer B's policy. Insurer A's policy has a sum insured of £30,000 and insurer B's policy has a sum insured of £50,000. What proportion of the claim is insurer B liable for if the principle of contribution applies on a rateable proportion by sum insured basis?

• A.Five eighths.
• B.Three fifths.
• C.Two fifths.
• D.Three eighths.