: Covers physical assets like buildings, ships, and motor vehicles against specified perils or "all risks".
With only 60 minutes for 75 questions, you have less than one minute per question. Many students fail not because they don't know the answers, but because they run out of time. Simulating the exam environment with a past paper helps you develop a pacing strategy. You learn when to skip a difficult question and when to make an educated guess. iiqe paper 2 past paper
“Sum insured: HKD 400,000. Actual value: HKD 800,000. Loss: HKD 100,000. How much is paid?” : Covers physical assets like buildings, ships, and
: Specifics on motor insurance, property insurance (fire and extra perils), liability insurance (Employees' Compensation), and medical/travel insurance. Simulating the exam environment with a past paper
A private car policyholder modifies his car’s engine to increase horsepower by 40% but does not inform his insurer. He later has an accident. What is the likely outcome? A) Full claim paid – modifications are personal. B) Claim voided due to breach of utmost good faith. C) Claim paid minus depreciation for the engine. D) Insurer must pay but can cancel the policy afterward.
(correctly answering 35 out of 50 questions) is required to pass. Difficulty Level