CII IF1 Exam Details & Actual Exam Questions
- Exam Code/Number: IF1
- Exam Name/Title: Insurance Legal and Regulatory (IF1) Exam
- Certification Provider: CII
- Corresponding Certification: Certificate in Insurance
- Exam Questions: 100
- Updated On: Jul,15 2026
- Certification Level: Level 3 / Associate
CII Insurance Legal and Regulatory (IF1) Exam Questions
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(23 Up Votes)CII IF1 Exam Overview:
| Certification Vendor: | Chartered Insurance Institute (CII) |
| Exam Name: | Insurance, Legal and Regulatory Principles |
| Exam Number: | IF1 |
| Related Certifications: | Certificate in Insurance Diploma in Insurance Advanced Diploma in Insurance |
| Real Exam Qty: | 100 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Passing Score: | 70% |
| Certificate Validity Period: | Unit credit does not expire; certification remains valid unless withdrawn |
| Exam Price: | Member: £115 / Non-member: £145 (approx. $145 / $183 USD, subject to change) |
| Exam Format: | Multiple Choice Questions (MCQ), Scenario-based |
| Recommended Training: | CII Study Text & RevisionMate CII Revision Courses |
| Exam Registration: | Official CII Registration |
| Sample Questions: | CII IF1 Sample Questions |
| Exam Way: | Computer-based test (CBT) at approved test centres or remote online invigilation |
| Pre Condition: | No formal prerequisites; open to all candidates, recommended for those new to insurance |
| Official Syllabus URL: | https://www.cii.co.uk/learning/qualifications/unit-insurance-legal-and-regulatory-if1/ |
CII IF1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Principle of Utmost Good Faith | 11% | - Duty of disclosure and representation - Remedies for breach of duty - Insurance Act 2015 provisions |
| Compulsory Insurance and Legislation | 3% | - Key relevant statutes - Statutory requirements for compulsory insurance |
| Contribution and Subrogation | 6% | - Right of subrogation and its limits - Right of contribution between insurers |
| Ethics and Professional Standards | 3% | - Application to insurance scenarios - CII Code of Ethics |
| Principle of Insurable Interest | 5% | - When insurable interest must exist - Definition and legal basis - Application in different insurance types |
| Contract and Agency Law | 9% | - Essentials of a valid contract - Law of agency and authority - Application to insurance contracts |
| Consumer Protection and Dispute Resolution | 8% | - Consumer Insurance (Disclosure and Representations) Act 2012 - Complaints handling procedures - Financial Ombudsman Service (FOS) - Financial Services Compensation Scheme (FSCS) |
| Risk and Insurance | 10% | - Features of insurable risk - Risk management and control methods - Concepts of risk and types of risk |
| Proximate Cause | 2% | - Application to claims settlement - Definition and identification |
| Principle of Indemnity | 7% | - Methods of providing indemnity - Meaning and purpose of indemnity - Exceptions to indemnity - Average clause application |
| Nature and Structure of Insurance | 14% | - Purpose and benefits of insurance - Market structures and distribution channels - Classification of insurance business - Participants in the insurance market |
| UK Regulatory Framework | 12% | - Role of PRA and FCA - Insurance Distribution Directive (IDD) - Authorisation and supervision - ICOBS rules and conduct standards |
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