CII IF1 exam - in .pdf

IF1 pdf
  • Exam Code: IF1
  • Exam Name: Insurance Legal and Regulatory (IF1) Exam
  • Updated: Jun 14, 2026
  • Q & A: 100 Questions and Answers
  • PDF Price: $59.99
  • PDF Demo

CII IF1 Value Pack
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IF1 Online Test Engine

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  • Exam Code: IF1
  • Exam Name: Insurance Legal and Regulatory (IF1) Exam
  • Updated: Jun 14, 2026
  • Q & A: 100 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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CII IF1 exam - Testing Engine

IF1 Testing Engine
  • Exam Code: IF1
  • Exam Name: Insurance Legal and Regulatory (IF1) Exam
  • Updated: Jun 14, 2026
  • Q & A: 100 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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CII Insurance Legal and Regulatory (IF1) Sample Questions:

1. An owner of a building reduces its sum insured from £1,000.000 lo £500.000 to save premiums. A Tire causes
£300,000 damage to the building. If the building has a reinstatement value of £750,000 and average is applied, how much will the insured receive in settlement?

A) £300.000
B) £150.000
C) £200.000
D) £500.000


2. If a proposer has failed to fully answer a question on a proposal form, the insurer is deemed to have waived its rights to this information because it

A) does not have the right to ask the proposer for more information.
B) has statistics on similar risks.
C) did not request further information.
D) should be able to underwrite the risk based on the information already provided.


3. John wishes to insure his friend's house. Why would an insurer refuse to provide a quotation?

A) He does not have any insurable interest.
B) His name is not on the mortgage.
C) He does not have any subrogation rights.
D) He does not live in the house.


4. Which distribution channel for household insurance is typically characterised by high advertising and promotional costs, with no payment of commission?

A) Appointed representatives.
B) Direct insurers.
C) Lloyd's.
D) Independent brokers.


5. A survey of a car repairers reveals a spray booth exists by an unguarded paraffin space beater. Also, a day's supply of paint is kept within the building and waste is removed daily from a metal bin. What will the underwriter perceive as the main physical hazard?

A) The unguarded paraffin space heater.
B) The waste bin.
C) The paint.
D) The spray booth.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A

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