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Exam (elaborations)
Lml4805 - Insurance Law 2025 Exam Test | Exam Questions And Answers |Updated Version 2025/2026| Already Graded A+
1.What is an insurance warranty - ANSWER A promise made by insured relating to facts or something agreed to do 
 
2.Consequence of non warranty compliance - ANSWER Cover is suspended from moment breech occured until remedied 
But IA 2015 allowed warranties to be remedied whereas before they could not 
 
3.State 2 types of warranties - ANSWER Expressed- stated in policy itself 
Implied- only in marine only 
 
4.What are 2 types of insurance condition precedent - ANSWER To the contract- words st...
Exam (elaborations)
Lml4805 - Insurance Law 2025 Exam Questions With Complete Solutions (100 % Correct And Verified) Already Passed!!
PopularLml4805 - Insurance Law 2025 Exam Questions With Complete Solutions (100 % Correct And Verified) Already Passed!!
Exam (elaborations)
LML4805 Insurance Law – Exam Pack Summary and Definitions (University Module – Comprehensive Exam Preparation Material)
NewThis document provides a complete collection of exam-focused summaries for the LML4805 Insurance Law module, including concise definitions, comparison questions, and scenario-based explanations. It covers core topics such as insurable interest, misrepresentation, indemnity, warranties, subrogation, cession, double insurance, over-insurance, and third-party rights. The exam pack also includes structured answers, case references, essentialia of insurance contracts, and guidance on typical exam que...