Exam E05 Topic 1 Question 17 Discussion
Actual exam question for CII's E05 exam
Question #: 17
Topic #: 1
Question #: 17
Topic #: 1
John owns stock that he intentionally insured for £15,000, although the full value of the stock is £18.000. His insurance policy has no excess and is subject to a pro rata condition of average. In the event of water damaging
£6.000 of John's stock, how much will the insurer pay for a valid claim after the application of average?
£6.000 of John's stock, how much will the insurer pay for a valid claim after the application of average?
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by Theresa at Mar 27, 2026, 12:46 AM
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