2025年最新のに更新された検証済みのM05問題集と解答で合格保証もしくは全額返金 [Q37-Q61]

2025年最新のに更新された検証済みのM05問題集と解答で合格保証もしくは全額返金

M05のPDF問題とテストエンジンには121問があります

質問 # 37
When, if at all, does the duty of fair presentation of a risk apply after a non-consumer insurance contract has been formed?

A. From the date of a breach of warranty.
B. On submission of a claim.
C. Where there is a variation in the insured risk.
D. It does not apply as the duty is to take reasonable care not to make a misrepresentation.

正解：C

質問 # 38
In a chain of events, the proximate cause of a loss is always the

A. last event before the loss occurs.
B. dominant event leading to the loss.
C. only event which is not excluded by the terms of the policy.
D. only event contributing towards the loss.

正解：B

質問 # 39
What is the intended purpose of a subrogation waiver clause in an insurance po

A. The insurer's subrogation rights will not be exercised against certain parties associated with the insured.
B. The insured has a duty to ensure that the insurer's subrogation rights are maintained.
C. The doctrine of subrogation is excluded from the policy.
D. Cover is suspended whilst the insurer pursues an action for subrogation.

正解：A

質問 # 40
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. Bill may exercise an option to buy the painting back.
B. Bill must return the claim settlement in exchange for the painting.
C. Bill may keep the claim settlement and also keep the painting.
D. Bill must buy the painting back.

正解：A

質問 # 41
Which of the following is an example of a condition precedent in an insurance contract?

A. The insured must pay the premium
B. The insurer is required to pay claims for theft
C. The insurer must provide coverage for accidental damage
D. The insured must maintain the insured item in good condition

正解：D

解説：
A condition precedent is an obligation that must be met before the insurer becomes liable for a claim. For example, the insured might need to maintain property in good condition or comply with safety measures before coverage applies.

質問 # 42
Which of the following is NOT an exclusion under a typical homeowners insurance policy?

A. Fire damage caused by lightning
B. Flood damage
C. Earthquake damage
D. Theft by a family member

正解：D

解説：
Most homeowners policies exclude damage caused by floods or earthquakes, but theft by a family member is typically not excluded under such policies. However, theft by an external party is generally covered.

質問 # 43
A married couple have equal shares in a property and are insured under a buildings insurance policy. What is the likely position in law of a breach of good faith by one party, which was unknown to the other party?

A. Cover would be maintained in full for the innocent party as the cover is likely to be a joint policy
B. Cover for both parties would be invalidated as the cover is likely to be a joint policy.
C. Cover for both parties would be invalidated as the cover is likely to be a composite policy.
D. Cover would be maintained in full for the innocent party as the cover is likely to be a composite policy.

正解：B

質問 # 44
As a result of a breach of good faith under a commercial insurance policy, the insurer avoided the policy as a whole, but was NOT permitted to retain the premium because

A. the misrepresentation was innocent.
B. the premium was paid by monthly installments.
C. the misrepresentation was fraudulent.
D. no claim had been submitted or paid.

正解：A

質問 # 45
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. has statistics on similar risks.
B. does not have the right to ask the proposer for more information.
C. did not request further information.
D. should be able to underwrite the risk based on the information already provided.

正解：C

質問 # 46
For this question more than 1 option is correct. You must select all the correct options to gain the mark.
A proposer for private motorcycle insurance carelessly states the motorcycle's engine capacity as 500cc when in fact it is 1500cc. A policy is issued by the insurer on this basis. In the event of a valid claim causing damage to the motorcycle, what potential remedies are available to the insurer under the Consumer Insurance (Disclosure and Representations) Act 2012?

A. Avoid the contract, refuse all claims and keep the premium.
B. Reject the claim, but maintain the policy.
C. Reduce the claim amount in proportion to the premium it would have charged.
D. Apply any terms it would have applied if the misrepresentation had not taken place.

正解：C、D

質問 # 47
A claimant may possibly recover money transferred under an illegal contract when

A. the legal portion of the contract can be severed from the illega portion.
B. the contract is against public policy but not substantive law.
C. the illegality makes the contract voidable rather than void.
D. both parties to the contract are equal in wrongdoing.

正解：D

質問 # 48
A household insurance policyholder leaves his home to go to work without setting the burglar alarm. Whilst he was out, his new tumble dryer overheats and causes fire damage to the kitchen. In what circumstances may the insurer legally reject a fire claim?

A. If the tumble dryer is covered by extended warranty insurance.
B. If the policyholder exaggerates the value of the claim.
C. If there is a breach of a warranty requiring the burglar alarm to be set.
D. If there is a subrogation action against the manufacturer of the tumble dryer.

正解：B

質問 # 49
Fraudulent claims invalidate the policy and the insurer is entitled to cancel the policy and deny any claims associated with it. Fraud is a serious violation under the principle of utmost good faith.
What is the purpose of the Doctrine of Insurable Interest in insurance contracts?

A. To protect the insurer from excessive claims
B. To protect the policyholder's right to make a claim regardless of their involvement
C. To ensure that the policyholder has a financial stake in the insured item or person
D. To prevent the insured from profiting from a loss

正解：C

解説：
The Doctrine of Insurable Interest ensures that the policyholder has a legitimate financial or emotional interest in the person or property being insured. This helps to prevent fraudulent claims.

質問 # 50
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 spray booth.
B. The unguarded paraffin space heater.
C. The waste bin.
D. The paint.

正解：B

質問 # 51
In an insurance policy arranged through an insurance broker the parties to the contract are the:

A. insured and the insurer only
B. Insurance broker and the insured only
C. insured only
D. insurance broker only

正解：A

質問 # 52
Under the principle of indemnity, what is the objective of an insurance contract?

A. To ensure the insured receives full compensation for their loss regardless of the circumstances
B. To restore the insured to the same financial position they were in before the loss
C. To protect the insurer from fraudulent claims
D. To ensure the insured profits from the loss

正解：B

解説：
Explanation: The principle of indemnity aims to ensure that the insured is financially restored to the same position they were in before the loss occurred, without allowing them to profit from the insurance claim.

質問 # 53
A manufacturer was under contract to pay a supplier El .000 on receipt of the delivery of raw materials.
However, the supplier failed to deliver and the manufacturer had to purchase identical materials from another supplier for £1,200. What amount of damages is the manufacturer legally entitled to claim from the supplier who failed to deliver?

A. £2,200
B. £1,200
C. £1,000
D. £200

正解：D

質問 # 54
What is the effect of a waiver on an insurance contract?

A. It allows one party to ignore certain policy terms
B. It allows the insurer to increase the premium
C. It reduces the policyholder's obligation to make full disclosure
D. It terminates the policy

正解：A

解説：
A waiver in insurance law refers to the voluntary relinquishment of a known right, such as forgiving a breach of a condition in the policy. It doesn't cancel the contract but may alter certain terms.

質問 # 55
A proposer for household insurance completes and submits an online application. When the insurer's website responds with a quotation based on the application, the quotation is most likely to be legally regarded as:

A. an offer
B. a counter offer
C. an invitation to treat
D. an acceptance of an offer

正解：A

質問 # 56
Under insurance law, what is the effect of a fraudulent claim on an insurance policy?

A. The policyholder must repay any claim payments made previously
B. The insurer is required to pay the claim regardless of the fraud
C. The insurer may cancel the policy and deny the claim
D. The policyholder may still receive a partial payout

正解：C

質問 # 57
When the rule in Rylands v Fletcher operates, liability arises from the:

A. defendant's trespass to land
B. vicarious liability of the defendant
C. defendant's negligence.
D. strict liability of the defendant

正解：D

解説：
The rule inRylands v Fletcherestablishesstrict liability, meaning the defendant can be held liable for certain kinds of damage even if they were not negligent or at fault. This applies in situations where a person brings something onto their land (like water or chemicals) that has the potential to escape and cause damage. If it does escape, the defendant is typically held strictly liable for any resulting harm, regardless of whether they were negligent or not.

質問 # 58
For this question more than 1 option is correct. You must select all the correct options to gain the mark. How may double insurance arise?

A. A deliberate attempt to obtain the proceeds of two policies.
B. An overlap in cover between two different types of insurance policy.
C. The inadvertent non-cancellation of a policy when a new policy is taken out.
D. A merger between two major insurance companies.

正解：A、B

質問 # 59
What does the Consumer Insurance (Disclosure and Representations) Act 2012 require from consumers applying for insurance?

A. Consumers must choose an insurer based on premium prices alone.
B. Consumers must disclose all material facts honestly and accurately.
C. Consumers are required to pay for claims made during the policy term.
D. Consumers must answer questions about their past claims history.

正解：B

解説：
Under the Consumer Insurance (Disclosure and Representations) Act 2012, consumers are required to disclose material facts that could affect the insurer's decision to provide coverage. However, unlike the previous law, it does not require consumers to disclose every fact, but only material facts.

質問 # 60
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?