Popular certifications draw crowds, and the CII Insurance law (IL) credential draws serious ones — LatestCram helps M05 candidates stand apart with a bank maintained by experienced specialists and a routine that removes stale material before it wastes your time.
CII M05 Exam Overview:
| Certification Vendor: | Chartered Insurance Institute (CII) |
|---|---|
| Exam Name: | Insurance Law (IL) |
| Exam Number: | M05 |
| Passing Score: | 65% (exam), 60% (coursework) |
| Exam Price: | Approx. £195 - £240 GBP |
| Exam Duration: | 60 minutes |
| Available Languages: | English |
| Related Certifications: | Certificate in Insurance Advanced Diploma in Insurance |
| Certificate Validity Period: | 3 years from certification |
| Exam Format: | Multiple Response Questions, Multiple Choice Questions (MCQ), Online Coursework Assignment |
| Real Exam Qty: | 50 (40 standard MCQ + 10 multiple response) |
| Recommended Training: | CII M05 Study Materials & Training |
| Exam Registration: | CII Official Registration |
| Sample Questions: |  |
| Exam Way: | Online remote proctored exam or test centre; coursework completed online via RevisionMate |
| Pre Condition: | No mandatory prerequisites; recommended for those holding Certificate in Insurance or equivalent knowledge |
| Official Syllabus URL: | https://www.ciigroup.org/learning/qualifications/diploma-in-insurance-qualification/unit-insurance-law-m05/ |
CII M05 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Claims and Loss Settlement | 14% | - Notification, proof of loss, measure of indemnity
|
| English Legal System and Basic Concepts | 10% | - Nature and sources of law
|
| Law of Contract | 12% | - Formation of contract
|
| Terms and Interpretation of Insurance Contracts | 16% | - Conditions, warranties, exceptions
|
| Legislation and Regulation | 14% | - Consumer protection, data protection, FCA/PRA rules
|
| Law of Torts | 8% | - Principles of tort liability
|
| Law of Agency | 8% | - Authority, duties, rights and liabilities
|
| Formation of Insurance Contracts | 18% | - Utmost good faith, disclosure, representation
|
CII Insurance law (IL) Prep: What Matters More Than Volume
No mandatory prerequisites; recommended for those holding Certificate in Insurance or equivalent knowledge
You need 65% (exam), 60% (coursework) to pass, and the exam fee is Approx. £195 - £240 GBP. Money, time and energy all count as investment here — efficient preparation protects all three, which is exactly what the LatestCram M05 material is built for.
Because aimless effort is the most expensive kind. The LatestCram bank pairs 121 practice questions for the M05 exam with verified answers, a question set that stays lean by design, per-session scoring that exposes weak areas, and study guidance that turns every hour into targeted progress on the CII Insurance law (IL) objectives — that is what efficiency looks like in practice.
CII M05 Study Materials & Training Use it for structured theory where you need depth, and let the verified LatestCram material handle the timed rehearsal — an efficient combination rather than a pile of overlapping resources.
Not necessarily. A bloated dump stuffed with outdated material wastes more time than it saves. The LatestCram approach is different: M05 content is updated in step with the real exam, and questions that become useless or invalid are removed, so the bank you study is always lean, clear and worth your hours. Fewer, fresher, verified questions beat thousands of stale ones — and they come with a plan that keeps your training on target instead of aimless.
Officially, here: CII Official Registration Create an account, choose a test center or online proctoring, and pay the fee to lock in your appointment.
About 50 (40 standard MCQ + 10 multiple response) questions within 60 minutes minutes. Timing yourself against that limit in the LatestCram engine turns the real session into a familiar routine instead of a race you have never practiced.
The current CII Insurance law (IL) outline distributes weight like this:
- Formation of Insurance Contracts (18%)
- Law of Contract (12%)
- Legislation and Regulation (14%)
The study guidance around them. The M05 material at LatestCram includes preparation hints and test-taking tips that help you identify weak areas, improve both conceptual knowledge and hands-on skills, and approach the CII Insurance law (IL) exam with a method rather than a hope. Combined with per-session scoring and free 24/7 support, the questions become the core of a complete preparation system.
CII Insurance law (IL) Sample Questions:
Question #1
Exemplary damages are intended to:
- A. award nominal compensation to the claimant
- B. show that the defendant has aggravated Ihe injury suffered
- C. record the court's disapproval of the claimant's conduct
- D. punish the defendant for his conduct
Correct Answer: D 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Question #2
Which of the following best defines an insurance contract?
- A. A contract where the insurer assumes no liability.
- B. A contract that only applies to personal property insurance.
- C. A contract in which one party agrees to indemnify another against specified risks in exchange for premiums.
- D. A contract for the protection of physical property only.
Correct Answer: C 🗳️
Explanation: Only visible for LatestCram members. You can sign-up / login (it's free).
Question #3
Who is entitled to the surplus if a subrogation recovery from a negligent third party is greater than the amount the insurer has paid to the insured?
- A. It is shared between the insurer and the insured.
- B. The insurer only.
- C. The insured only.
- D. The State
Correct Answer: C 🗳️
Question #4
In the tort of negligence, a primary victim of nervous shock is a class of person who suffers psychiatric injury
- A. as a result of grief or sorrow for the loss of a person with whom he had a close relationship.
- B. as a result of stress or harassment at work.
- C. through fear for his own safety in an accident.
- D. through fear for the safety of another person involved in an accident which he witnessed.
Correct Answer: C 🗳️
Question #5
What type of reduction is sometimes applied to the replacement cost of an item under an insurance policy claim in order to reflect the application of indemnity?
- A. Wear and tear.
- B. Loss of interest.
- C. An excess.
- D. Brokerage.
Correct Answer: A 🗳️
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