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CII Insurance law (IL) Exam Sample Questions (Q27-Q32):
NEW QUESTION # 27
A property policy contains a condition regarding prompt loss notification. If the insured fails to comply with this condition, in practice, the insurer is likely to
Answer: D
ย
NEW QUESTION # 28
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
Answer: A
ย
NEW QUESTION # 29
What is the basis of settlement under a new for old insurance policy if a television is stolen?
Answer: A
ย
NEW QUESTION # 30
What are the main reasons why the law requires insurable interest to exist?
Answer: D
ย
NEW QUESTION # 31
Adam was bitten by a stray dog in Africa. He washed his wound in a pond and a week later he became very ill with a high temperature. Initially, the local hospital treated him for malaria and later treated him for the fever following the dog bite. Adam died in hospital. What is the proximate cause of his death?
Answer: A
ย
NEW QUESTION # 32
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