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IF1 Dumps - Insurance Legal and Regulatory (IF1) Exam Practice Exam Questions

CII IF1 - Certificate in Insurance Practice Exam

  • Certification Provider:CII
  • Exam Code:IF1
  • Exam Name:Insurance Legal and Regulatory (IF1) Exam Exam
  • Total Questions:100 Questions and Answers
  • Updated on:Nov 22, 2024
  • Product Format: PDF & Test Engine Software Version
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  • Valid For: Worldwide - In All Countries
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CII IF1 This Week Result

IF1 Question and Answers

Question # 1

In a chain of events, the proximate cause of a loss is always the

Options:

A.  

only event contributing towards the loss.

B.  

last event before the loss occurs.

C.  

dominant event leading to the loss.

D.  

only event which is not excluded by the terms of the policy.

Discussion 0
Question # 2

Under a coinsurance arrangement, who is ultimately responsible for payment of an agreed claim?

Options:

A.  

Each coinsurer for its own proportion, but also a share of any proportion unpaid due to the default of another coinsurer.

B.  

The lead insurer.

C.  

The intermediary.

D.  

Each coinsurer for its own proportion only.

Discussion 0
Question # 3

Sunita suffers a loss and makes a claim under her household contents insurance policy. When must insurable interest exist for her claim to be valid?

Options:

A.  

At the time of the loss only.

B.  

At policy inception only.

C.  

At policy inception and at the time of the loss.

D.  

At the time of the proposal.

Discussion 0

PDF vs Software Version

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With the complete collection of IF1 practice test, Exams4sure has assembled to take you through Certificate in Insurance test questions for your CII exam preparation. In this IF1 exam dumps study guide we have compiled real Insurance Legal and Regulatory (IF1) Exam exam questions with their answers so that you can prepare and pass Certificate in Insurance exam in your first attempt.

Why Prepare from Certificate in Insurance IF1 Exam Dumps?

Familiarity with Exam Format:
One of the main reasons candidates might look towards IF1 dumps is to familiarize themselves with the CII exam format. Certificate in Insurance practice exam can give a glimpse into the types of questions asked and how they are structured.

Identifying Key Topics:
Insurance Legal and Regulatory (IF1) Exam exam questions can highlight recurring themes and topics that are frequently tested, helping CII candidates to focus their studies on areas of high importance.

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