Free CII IF1 Exam Questions

If a surveyor is sent lo survey a risk, what does risk primarily refer to in this context?

If an insurer invokes the cancellation clause to cancel a policy mid-year due to a change in the risk, how much of the premium, if anything, is normally returned to the policyholder? 

Reinsurance is usually purchased by the 

What legally recognised financial relationship must exist, between a policyholder and the items being insured, to constitute a valid household contents insurance policy? 

John and his wife arrange a household contents insurance policy in joint names with insurer A for a sum insured of £10,000. His wife arranges a second policy on the same basis with insurer B for a sum insured of £20,000. Both policies have identical terms and conditions. What is insurer A's liability if a valid claim of £3,000 is subsequently made?