If an insured signs an agreement with a hold harmless clause, this may prevent the insurer from

• A.increasing the premium.
• B.disclosing details to a third party.
• C.reinsuring the risk.
• D.pursuing subrogation rights.

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Under the provisions of the Financial Services Act 2012. what action, if any, can the regulator take against a firm that has committed money laundering offences?

• A.No action can be taken.
• B.Civil proceedings.
• C.Criminal prosecution.
• D.Arbitration.

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In the event of an insurer including an unclear clause in its household insurance policy, which statute could the policyholder rely upon if there was a contractual dispute?

• A.The Consumer Rights Act 2015.
• B.The Criminal Justice Act 1993.
• C.The Data Protection Act 2018.
• D.The Contracts (Rights of Third Parties) Act 1999.

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A firm of insurance brokers holds client records on an index card system and does NOT intend to computerise this information. In what circumstances, if any, will these records be covered by the Data Protection Act 2018?

• A.In no circumstances.
• B.In all circumstances.
• C.Only if the records include details of race.
• D.Only if the records include dates of birth.

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What is the basis of settlement under a new for old insurance policy if a television is stolen?

• A.The replacement cost, less wear and tear.
• B.The original cost in full.
• C.The replacement cost in full.
• D.The original cost, less wear and tear.

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