EXIT Certificate CH1 Example These questions are similar to the exam for CH1 - give them a go! Question Title * 1. In relation to Insurance what is risk? The premium The warranties Possibility of danger, loss or injury The terms and conditions OK Question Title * 2. FUEDI is an organisation which seeks to do which of the following? Promote all independent and impartial professions within Insurance in Europe Promote independent and impartial loss adjusting in Europe Promote independent and impartial Brokers Promote Loss Adjusting Worldwide OK Question Title * 3. The contra proferentem rule relates to ? Calculation of indemnity Utmost good faith Contracts that are voidable at insurers option Interpretation of ambiguous terms OK Question Title * 4. Insurable Interest was defined in which of the following Castellain v Preston and the Marine Insurance Act 1906 Hedley Byrne v Heller & Partners and the Marine Insurance Act 1906 Castellain v Preston and the Fire Metropolis Act 1774 Hyde v Wrench and the Marine Insurance Act 1906 OK Question Title * 5. The presentation of the risk under the Insurance Act 2015 must be Fair Acceptable Reasonable Agreeable OK Question Title * 6. Which of the following cases provided a definition of Proximate Cause? Lucena v Crawford Pawsey v Scottish Union Godin v London Assurance Co Donoghue v Stephenson OK Question Title * 7. Which of the following words do NOT appear in the definition of Proximate Cause? Efficient Near Motion Active OK Question Title * 8. Subrogation concerns which of the following? Underinsurance Recoveries Reinsurance Fair presentation of the risk OK Question Title * 9. Which of the following must exist for fire as meant by an Insurance Policy to exist? Actual flames Actual burn Actual heat Actual ignition OK Question Title * 10. Harris v Poland is an example of which of the following? Legal statutory law Criminal law ruling Legal case law European Court ruling OK SEE HOW YOU DID