Exam M05 Topic 1 Question 91 Discussion

Actual exam question for CII's M05 exam
Question #: 91
Topic #: 1
What is the effect of a waiver on an insurance contract?

Suggested Answer: B Vote an answer

A waiver in insurance law refers to the voluntary relinquishment of a known right, such as forgiving a breach of a condition in the policy. It doesn't cancel the contract but may alter certain terms.

by Bowen at Mar 23, 2026, 10:40 AM

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