IIQE Paper 2 (Set B)
HKD 188
7 Aug 2025
IIQE Paper 2 Question
Which of the following statements about a cover note is false?
a) It is valid only for a certain period.
b) It is subject to the usual terms and conditions of the insurance policy for that class of business.
c) It is subject to any further special clauses if applicable.
d) It is subject to the insurance policy being in force and issued.
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IIQE Paper 1 (Set A)
HKD 248 Add to cart7 Aug 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.
IIQE Paper 1 (Set B)
HKD 248 Add to cart7 Aug 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.
IIQE Paper 6 (Set A)
HKD 299 Add to cart7 Aug 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.
IIQE Paper 3 (Set B)
HKD 188 Add to cart7 Aug 2025
IIQE Paper 3 Question
The duty of disclosure arises under all of the following circumstances except?
a) Upon the application until the inception of the insurance policy.
b) Upon a change in ownership of the insurance policy .
c) Upon renewal of the insurance policy.
d) Upon alteration of the insurance policy.
