Exam Overview

The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of commercial property and business interruption insurances. It focuses on the main risks to commercial property; policy cover and market practices of commercial property and business interruption insurances, and risk perception, assessment and underwriting issues associated with these types of insurance.

Sectors
Target Audience

This unit is ideal for those looking to gain knowledge and understanding of commercial property and business interruption insurances to build a successful career in the insurance profession or in a support role.

Job Families
Not Available
Exam Profiles
Commercial property & business interruption insurances
Exam Language

English

Degree of Success

65 % Degree

Exam Duration

60 Minutes

Exam Owner

CII

Competencies and its Weights

1. Understand the risk and control of fire, theft and other contingencies to property and business interruption: 24 questions

2. Understand the cover provided by and main practices of property insurance: 8 questions

3. Understand the cover provided by and main practices of business interruption insurance: 5 questions

4. Understand the underwriting of property and business interruption insurance: 11 questions

5. Understand how property and business interruption insurance claims are handled: 2 questions

Exam Requirements

Not Available

Additional Requisites

You may be eligible to claim exemptions for relevant exams and qualifications obtained through other professional bodies or universities. Subject to the published qualification completion requirements these can be used to help you achieve CII qualifications more quickly.

For details on getting your documentation certified as a true copy of the original, please visit the guidance page of the Chartered Insurance Institute (CII).

For further information and to ensure you fully understand how your credits may be added up please contact CII customer service team at customer.serv@cii.co.uk

Prerequisite Programs

Not Available

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