CII IF1 Question Answer
A claim has arisen which is fully covered under insurer A's policy and insurer B's policy. Insurer A's policy has a sum insured of £30,000 and insurer B's policy has a sum insured of £50,000. What proportion of the claim is insurer B liable for if the principle of contribution applies on a rateable proportion by sum insured basis?
CII IF1 Summary
- Vendor: CII
- Product: IF1
- Update on: Jan 2, 2026
- Questions: 100
