CII IF1

There is no denying that no exam is easy because it means a lot of consumption of time and effort. Especially for the upcoming IF1 exam, although a large number of people to take the exam every year, only a part of them can pass. If you are also worried about the exam at this moment, please take a look at our IF1 study materials, whose content is carefully designed for the IF1 exam, rich question bank and answer to enable you to master all the test knowledge in a short period of time. Our IF1 exam questions: Insurance Legal and Regulatory (IF1) Exam have helped a large number of candidates pass the IF1 exam yet. Hope you can join us, and we work together to create a miracle.

Rich versions for you to choose from

Nowadays, our learning methods become more and more convenient. Advances in technology allow us to learn freely on mobile devices. However, we understand that some candidates are still more accustomed to the traditional paper study materials, so our IF1 study materials provide customers with a variety of versions to facilitate your learning process. Among them, the PDF version of IF1 training guide is specially provided for these candidates, because it supports download and printing. For those who are willing to learn on the phone, as long as you have a browser installed on your phone, you can use the App version of our IF1 exam questions: Insurance Legal and Regulatory (IF1) Exam. The PC version is ideal for computers with windows systems, which can simulate a real test environment. At the time of purchase our IF1 study materials, you can choose one or three downloads at the same time.

Refund is available if not pass

As a responsible company, we don't ignore customers after the deal, but will keep an eye on your exam situation. Although we can assure you the passing rate of our IF1 training guide nearly 100 %, we can also offer you a full refund if you still have concerns. If you try our IF1 exam questions: Insurance Legal and Regulatory (IF1) Exam but fail in the final exam, we can refund the fees in full only if you provide us with a transcript or other proof that you failed the exam. We believe that our business will last only if we treat our customers with sincerity and considerate service. So, please give the IF1 study materials a chance to help you.

Extremely high passing rate

We believe that the greatest value of IF1 training guide lies in whether it can help candidates pass the examination, other problems are secondary. And at this point, our IF1 study materials do very well. We can proudly tell you that the passing rate of our IF1 exam questions: Insurance Legal and Regulatory (IF1) Exam is close to 100 %. That is to say, almost all the students who choose our products can finally pass the exam. We are not exaggerating because this conclusion comes from previous statistics. We believe you are also very willing to become one of them, then why still hesitate? Just come in and try our IF1 study materials, and we can assure you that you will not regret your choice.

CII Insurance Legal and Regulatory (IF1) Sample Questions:

1. The principle of indemnity is the

A) placing of the insured, after a loss, in the same financial position as enjoyed immediately before the loss.
B) obligation of the insurer to pay all valid claims according to the terms and conditions of the policy.
C) placing of the insured, at expiry of a policy, in the same financial position as enjoyed at inception.
D) obligation of the insurer to provide a maximum sum insured or limit of liability.

2. In accordance with the principle of good faith, which facts must a potential policyholder disclose to the insurer when applying for insurance?

A) Any facts which are considered material to the risk.
B) Any facts which are in the public domain.
C) Only those facts considered likely to reduce the cost of cover
D) Any facts of law.

3. A retail customer CANNOT buy insurance directly from which type of insurer?

A) A composite insurer.
B) A mutual insurer.
C) A direct insurer.
D) A captive insurer.

4. What type of organisation is the British Insurance Brokers' Association?

A) A public limited company.
B) A specialist regulator.
C) An educational body.
D) A trade body.

5. Why is effective risk management important to an insurer?

A) It increases premium income.
B) It increases the insurer's capacity.
C) It helps to reduce a company's loss exposure.
D) It always reduces costs.

Solutions: