Assess the CertsIQ’s updated IF1 exam questions for free online practice of your Insurance Legal and Regulatory (IF1) test. Our IF1 dumps questions will enhance your chances of passing the Certificate in Insurance certification exam with higher marks.
If a surveyor is sent lo survey a risk, what does risk primarily refer to in this context?
John and his wife arrange a household contents insurance policy in joint names with insurer A for a sum
insured of £10,000. His wife arranges a second policy on the same basis with insurer B for a sum insured of
£20,000. Both policies have identical terms and conditions. What is insurer A's liability if a valid claim of
£3,000 is subsequently made?
If an insured signs an agreement with a hold harmless clause, this may prevent the insurer from
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?
The website of an insurer must include the company's registered name, trading address, contact details and
regulator. This is in accordance with rules enforced by the
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