IIQE Paper 1 (Set B)
HKD 248
6 Nov 2025
IIQE Paper 1 Question
Which of the following factors is NOT essential to insurable interest?
a) There must be some property, rights, interest or potential liability capable of being insured.
b) The property, rights, interest or potential liability must be the subject matter of the insurance.
c) The insured must not stand in a relationship, recognized by law, with the subject matter of the insurance.
d) The proposer must benefit from the continued existence of the subject matter of the contract or be prejudiced by its loss.
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IIQE Paper 6 (Set A)
HKD 299 Add to cart6 Nov 2025
IIQE Paper 6 Question
Which of the following statements correctly describes Arbitration?
a) The insured pays more premiums than what is supposed to be paid.
b) The insured profits from purchasing more than one policy covering for the same indemnity.
c) The insurer admits liability for a claim, but the insured does not agree to the amount offered.
d) The rights of the insurer to take possession of the property or situation where the loss or damage has happened.
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IIQE Paper 2 (Set A)
HKD 188 Add to cart6 Nov 2025
IIQE Paper 2 Question
Conditions precedent to liability are conditions which must be fulfilled:
a) before the contract can become valid.
b) if the contract is to continue once it becomes binding.
c) before the insured is legally entitled to recover under the contract.
d) after the contract becomes valid.
IIQE Paper 6 (Set B)
HKD 299 Add to cart6 Nov 2025
IIQE Paper 6 Question
Which of the following types of liability is covered under Travel Insurance?
a) Injury to the insured’s family member.
b) Legal liability for third-party bodily injuries.
c) Liability arising out of the use of vehicle and aircraft.
d) Liability resulting in loss or damage to the insured’s own property.
IIQE Paper 1 (Set A)
HKD 248 Add to cart6 Nov 2025
IIQE Paper 1 Question
Which of the following descriptions about a contract is false?
a) A contract is an agreement enforceable by law.
b) A contract is a legally binding agreement between two or more parties.
c) A contract is an agreement involving a promise to perform one or more acts whereby the promise must be made by all parties of the contract.
d) A contract is an agreement governing the obligations of the insurer and the rights of the insured.
