CII IF1 Questions & Answers - in .pdf
- Total Q&A: 100
- Update: May 26, 2026
- Price: $59.99
- Vendor: CII
- Exam Code: IF1
- Exam Name: Insurance Legal and Regulatory (IF1) Exam
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CII IF1 Q&A - Testing Engine
- Total Q&A: 100
- Update: May 26, 2026
- Price: $59.99
- Vendor: CII
- Exam Code: IF1
- Exam Name: Insurance Legal and Regulatory (IF1) Exam
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CII Insurance Legal and Regulatory (IF1) Sample Questions:
1. When completing a proposal form, Tom declares that he has two spent speeding convictions. How, if at all, will the spent convictions affect an underwriter's decision to write the risk?
A) They will not be considered as this is not an underwriting factor in motor insurance risk assessment.
B) They will be classed as relevant information and will affect the premium.
C) They will only be considered if Tom had a further speeding conviction in the last 12 months.
D) They will be ignored in accordance with the provisions of the Rehabilitation of Offenders Act 1974.
2. Joel buys a house in a flood plain, but it has NOT flooded for 10 years. In purchasing insurance, Joel is managing what element of risk?
A) Uncertainty.
B) Certainty.
C) Frequency.
D) Statutory requirements.
3. Which key test for money laundering is defined under the Proceeds of Crime Act 2002?
A) Criminal intelligence.
B) Criminal possession.
C) Criminal lifestyle.
D) Criminal record.
4. The Principles for Business slate that all customers should be treated
A) fairly.
B) with due respect.
C) to a minimum standard.
D) equally.
5. For which professional is professional indemnity insurance compulsory by statute?
A) A loss adjuster,
B) A solicitor.
C) A loss assessor.
D) A chartered surveyor. .
Solutions:
Question # 1
Answer: D | Question # 2
Answer: A | Question # 3
Answer: C | Question # 4
Answer: A | Question # 5
Answer: B |
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