IF1 試験問題を無料オンラインアクセス

If a firm is said to be risk averse, this means that it

• A.tenders its insurance needs to the market.
• B.arranges insurance protection wherever possible.
• C.carries its own risk wherever possible.
• D.undertakes its own risk management research.

Under the Insurance: Conduct of Business sourcebook (ICOBS) on product disclosure, what information about the claims-handling process must an intermediary provide to a consumer?

• A.The contact details of the insurer.
• B.The policy number only.
• C.The number of days the settlement should take.
• D.The contact details of the loss adjuster used by the insurer.

Michael, an insurance company employee, strongly suspects that a recent transaction involved money laundering but decides NOT to report his suspicions to anyone. How is this treated under the current Money Laundering Regulations?

• A.It is a civil offence.
• B.It is a disciplinary offence under the Banking Code.
• C.It is a disciplinary offence dealt with by the Money Laundering Joint Steering Committee.
• D.It is a criminal offence.

How is Insurance Premium Tax collected within the UK?

• A.By the insurer on the whole general and life accounts.
• B.By the insurer on individual insurance contracts.
• C.By HM Revenue & Customs on the whole general account.
• D.By HM Revenue & Customs on individual insurance contracts.

What is the principal reason for which a proposer is asked by the insurer whether his car will be driven by anyone else?

• A.To enable a loading to be applied.
• B.To establish whether insurable interest exists.
• C.It is a material circumstance.
• D.To enable a discount to be applied.