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[Oct 14, 2026] M05 Exam Brain Dumps – Study Notes and Theory

Pass CII M05 Test Practice Test Questions Exam Dumps

CII M05 Exam Syllabus Topics:

Section Objectives
Nature and Sources of English Law and Legal Persons – Legal personality

  • 1. Juristic persons
  • 2. Natural persons

– Nature and sources of English law

  • 1. Common law
  • 2. Statute law
  • 3. European and international influences
Law of Torts – Principles of tort law

  • 1. Negligence
  • 2. Trespass
  • 3. Nuisance
Insurance Contract Terms and Vitiating Factors – Policy terms and breaches

  • 1. Conditions
  • 2. Representations
  • 3. Warranties

– Factors affecting validity

  • 1. Fraud
  • 2. Misrepresentation
  • 3. Non-disclosure
Indemnity and Loss Measurement – Principle of indemnity

  • 1. Methods of indemnification
  • 2. Valuation of loss
Law of Agency and Insurance – Agency relationships

  • 1. Authority of agents
  • 2. Creation of agency
  • 3. Duties and liabilities
Subrogation and Contribution – Recovery rights and sharing of losses

  • 1. Contribution
  • 2. Subrogation
Insurance Claims – Claims process and legal principles

  • 1. Policyholder duties
  • 2. Claims handling
  • 3. Claims notification
Formation of Insurance Contracts – Core insurance principles

  • 1. Utmost good faith
  • 2. Insurable interest
  • 3. Disclosure and misrepresentation
Law of Contract – Contract formation and operation

  • 1. Breach of contract
  • 2. Consideration
  • 3. Terms of contract
  • 4. Offer and acceptance

 

NO.64 An employee suffered a minor injury lo his arm at work, due to a breach of duty by his employer. The medical treatment he received at hospital was negligent and caused his minor injury to deteriorate to the extent that his arm had to be amputated. To what extent, if at all, is the employer liable?

 
 
 
 

NO.65 If a proposer has failed to fully answer a question on a proposal form, the insurer is deemed to have waived its rights to this information because it

 
 
 
 

NO.66 For this question more than 1 option is correct. You must select all the correct options to gain the mark.
Which special defences are available to the fort of libel?

 
 
 
 
 

NO.67 For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of a corporation aggregate?

 
 
 
 

NO.68 In tort law, when, if at all. is a minor legally responsible for his acts?

 
 
 
 

NO.69 When an insurer is aware that the total value of stock is more than the sum insured and issues a policy on this basis, this is known as

 
 
 
 

NO.70 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?

 
 
 
 

NO.71 In the context of insurance law, who is considered a third-party claimant?

 
 
 
 

NO.72 What is the principle of utmost good faith in insurance?

 
 
 
 

NO.73 Which divisional court of the High Court includes a Commercial Court?

 
 
 
 

NO.74 Paul made a formal offer to John and gave hun (out weeks to accept it. Three weeks later, and before, John had responded. Paul needed to withdraw the offer. What is the position in contract law?

 
 
 
 

NO.75 As a result of a breach of good faith under a commercial insurance policy, the insurer avoided the policy as a whole, but was NOT permitted to retain the premium because

 
 
 
 

NO.76 In an insurance policy arranged through an insurance broker the parties to the contract are the:

 
 
 
 

NO.77 A breach of warranty under the general law of contract legally entitles an injured party to

 
 
 
 

NO.78 Which of the following is a key principle of insurance that ensures that a policyholder is not overcompensated for a loss?

 
 
 
 

NO.79 How do an insurer’s subrogation rights differ, if at all, between a theft policy and a personal accident policy?

 
 
 
 

NO.80 John owns stock that he intentionally insured for £15,000, although the full value of the stock is £18.000. His insurance policy has no excess and is subject to a pro rata condition of average. In the event of water damaging £6.000 of John’s stock, how much will the insurer pay for a valid claim after the application of average?

 
 
 
 

NO.81 Which of the following is an example of a condition precedent in an insurance contract?

 
 
 
 

NO.82 Within what time period, from the date when the damage first began, does the owner of an office block have a right to sue the builder for negligent construction work?

 
 
 
 

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