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? Possibility of danger, loss or injury The premium The terms and conditions The warranties OK Question Title * 2. FUEDI is an organisation which seeks to do which of the following? Promote Loss Adjusting Worldwide Promote independent and impartial loss adjusting in Europe Promote independent and impartial Brokers Promote all independent and impartial professions within Insurance in Europe OK Question Title * 3. The contra proferentem rule relates to ? Utmost good faith Calculation of indemnity Interpretation of ambiguous terms Contracts that are voidable at insurers option 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 Agreeable Reasonable Fair Acceptable OK Question Title * 6. Which of the following cases provided a definition of Proximate Cause? Pawsey v Scottish Union Donoghue v Stephenson Godin v London Assurance Co Lucena v Crawford OK Question Title * 7. Which of the following words do NOT appear in the definition of Proximate Cause? Near Motion Efficient 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 burn Actual ignition Actual flames Actual heat OK Question Title * 10. Harris v Poland is an example of which of the following? European Court ruling Legal case law Criminal law ruling Legal statutory law OK SEE HOW YOU DID