Free CII M05 Exam Questions

Become CII Certified with updated M05 exam questions and correct answers

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Total 119 Questions | Updated On: Apr 01, 2026

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Question 1

Which divisional court of the High Court includes a Commercial Court?

A : Queen's Bench Division.

B : Partnership Division.

C : Chancery Division.

D : Family Division.

Answer: C

Question 2

What is the role of a condition precedent in an insurance policy?

A : It defines the scope of coverage for the policyholder

B : It is a requirement that must be met before the insurer is liable for a claim

C : It outlines exclusions from coverage

D : It ensures that the insurer will cover all risks associated with a policy

Answer: B

Question 3

At what stage is insurable interest required for a marine cargo insurance policy?

A : At the time of the loss only.

B : Throughout the duration of the contract.

C : At inception of the policy only.

D : At both inception of the policy and at the time of the loss.

Answer: A

Question 4