Insurance law (IL) Exam
Last Update 1 week ago
Total Questions : 118
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For this question more than 1 option is correct. You must select all the correct options to gain the mark.
The Insurance: Conduct of Business sourcebook (ICOBS) rules in respect of claims handling specify that an insurer must
Bill owned a painting which was insured under a policy containing a first refusal clause. The painting was stolen and Bill's claim was settled, but several months later the painting was recovered by the police. As a consequence, what is Bill's position under his insurance policy?
A nurse working shifts is regularly disturbed by her neighbour givig brass instrument lessons in Ihe evenings. She is tired and losing concentration at work but is NOT at risk of losing her job. What remedy can be provided by equity as an alternative source of law to common law?
For this question more than 1 option is correct. You must select fill the correct options to gain the mark. In what circumstances would an agency agreement be automatically terminated?
According to statute, a term under a consumer personal accident insurance policy may potentially be considered unfair if the insurer
For this question more than 1 option is correct. You must select all the correct options to gain the mark. What are the characteristics of a corporation aggregate?
What is the intended purpose of a subrogation waiver clause in an insurance po
For this question more than 1 option is correct. You must select all the correct options to gain the mark. In a consumer insurance policy, a warranty can arise as
TESTED 20 Feb 2025
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