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IIQE Paper 2: Original Practice and Pro Rata Average

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IIQE Paper 2: Original Practice and Pro Rata Average

IIQE Paper 2 preparation works best when you can connect a general insurance rule to the wording of a policy and a specific loss. This guide brings together three tasks: planning your Paper 2 revision, understanding pro rata average, and using original practice to identify what needs another attempt.

Try an original question and its explanations →

Start with the Paper 2 format

Paper 2 covers general insurance: 50 multiple-choice questions in 75 minutes, with a 70% pass mark, or 35 correct answers. Before enrolling, check the papers and exemptions relevant to your intended business. Use the current PEAK handbook for arrangements and fees.

A pass mark is different from a candidate pass rate. Practice accuracy also depends on the selected questions, repeat attempts and users. Instead of using one percentage to predict a pass, record whether each error came from a missed condition, a confused principle or the arithmetic.

Average: identify three different figures

For an underinsurance problem, identify the sum insured, the actual value at the time of loss, and the covered loss. Check whether a pro rata average condition applies. Where it does, apply the insured proportion to the covered loss. Do not invent the condition merely because two values differ.

A common error is using the uninsured proportion as the payable proportion. Another is treating the sum insured as the loss. Before calculating, explain in one sentence what your ratio represents. If you cannot explain it, revisit the principle before doing more arithmetic.

Make each insurance scenario test your reasoning

Property cover, legal liability and personal benefits require different decisions. Identify the subject of cover, the event, exclusions and the basis of payment. When two options seem plausible, name the condition in the question that rules one out. Recognising familiar wording is less useful than explaining why it applies.

Use the error to choose your next practice

Try the original website question below. Read the explanation and the reason each competing option fails, then restate the method yourself. Revisit the general insurance and claims notes. Retry without the answer, then vary the figures or scenario to see whether you understand the rule.

The dedicated Paper 2 app offers other topic questions, explanations, wrong-answer review and bookmarks. Download it free to try the approach; choose Pro when you need ongoing practice. Access periods and prices are shown in the purchase screen. Website examples and app records are separate.

After chapter practice, move to timed mixed questions and leave time to check calculations and limiting words. Confirm textbook versions and corrigenda through PEAK Study Notes. These website examples are independently written, rather than official past examination questions.

Frequently asked questions

Does 70% mean the Paper 2 pass rate?
No. It is the pass mark: 35 correct answers out of 50. The share of candidates passing, website practice accuracy and your individual chance of passing are different measures.
Does average apply to every policy?
No. Check that the task specifies a pro rata average condition, then use the stated policy basis and terms. Do not add a condition merely because the sum insured is below the property's value.
What should I do after the website example?
Identify whether the error concerns a condition, denominator or calculation. Revisit the notes, then try other Paper 2 questions in the app. Check its free trial and Pro terms in the purchase screen.

TRY ONE ORIGINAL QUESTION

IIQE Paper 2 · Pro rata average

A website introduction with no sign-in. Answer, read the reasoning and choose your next practice. One question cannot assess the whole paper.

A property policy on an actual-value basis is subject to pro rata average. The sum insured is HK$600,000, the property's actual value at the time of loss is HK$1,000,000, and the covered loss is HK$200,000. There is no deductible or other limit affecting the calculation. How much is payable?

Next, practise the reasoning behind your mistake

Separate the sum insured, actual value and loss, then practise with different figures. The app offers other original questions by topic, explanations, wrong-answer review and bookmarks.

Download free to try. Check the app purchase screen for Pro content, duration and price. Website examples do not enter app records.

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Practice Questions (10)

Questions from the same category. Reveal results after answering.

1. 在一般醫療保險保單中,保險公司通常會列明一系列不予承保的「除外責任」(Exclusions)。根據一般保險實務,下列哪項費用通常「不屬於」醫療保險保單的除外責任(即屬於可獲賠償的範圍)?

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2. 在一般保險契約的法律架構下,關於保單條款的法律效力與呈現方式,下列哪一項敘述最為準確且完整?

multiple_choice

3. 在一般保險業務(特別是汽車保險)中,關於保險人所承保的「第三者」保險,下列哪三項敘述是正確的? (i) 它所提供的保障範圍通常較法例規定的「強制性」保障更為廣泛 (ii) 它的承保內容與純粹法例要求的「強制性」保障有所不同 (iii) 它通常包括了對第三者財產損毀的賠償保障 (iv) 它的保障範圍僅限於人身傷亡,並不包括任何第三者財產保障

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4. 在標準的鍋爐及壓力容器保險中,關於承保範圍與除外責任的界定,下列哪一項敘述在法律責任與財產保障的組合中最為準確?

multiple_choice

5. 家傭保險中的「運返費用」主要指甚麼?

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6. 一家位於倫敦的貿易公司根據CIF條件出口一批高價值電子零件至紐約。貨物在海運過程中因遭遇惡劣天氣導致貨櫃入水受損。在處理此類水險(海上保險)貨物索償時,為了確立索償權益、證明損失程度及核實承保範圍,保險人通常會要求被保險人提供一系列關鍵證明文件。請根據《研習資料手冊》的規範,選出下列哪一組文件組合是保險人在審核此類水險索償時最常要求提供的核心證明? i) 檢驗報告 ii) 警方報告 iii) 提貨單 iv) 保單正本或保險憑證 v) 商業發票

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7. 調解員協助投訴人與保險人交換建議,但雙方未能協議。下列哪項最準確描述調解員的權力?

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8. 在一般保險的法律框架與實務操作中,關於「保單條件」的法律屬性及其存在形式,下列哪一項敘述最為精確且全面? 在保險契約的生命週期中,保險人與投保人受多重約束。某些條款雖未在保單文件中以文字形式載明,但基於普通法或成文法的要求,仍被視為契約不可或缺的一部分。與此同時,保險公司亦會針對特定風險在保單中加入專屬的限制性條款。

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9. 以下哪項是營業中斷保險的保障範圍?

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10. 在一般保險的核保流程中,保險人往往要求提供除標準投保書以外的補充文件(例如:專業測量師報告、防損工程師建議書或醫療專家意見)。關於這些補充文件在保險法律關係中的法律地位及其處理方式,下列哪項敘述最為準確且符合現行監管實務?

multiple_choice

Practice Questions

From: IIQE 卷二 一般保險 中介人考試題庫|唔使再靠雞精

View full quiz bank
1
在一般保險的核保實務與保單措詞中,關於自負額的運用與分類,下列哪一項陳述最為準確且完整地描述了其運作機制中的限制?
A標準自負額是保險人針對特定險種的所有保單統一強制設定的,其主要功能在於消除小額索償的行政成本,而不受個別被保險人風險狀況的影響。
B自願性自負額是由被保險人為獲取保費折扣而主動提出的,且保險法規強制要求保險人必須在所有一般保險險種中提供此類選項以體現公平競爭。
C附加自負額通常由承保人根據個別風險評估(如駕駛者年齡或經驗)額外規定,且該金額必然會與標準自負額合併計算,不得獨立存在。
D自願增加自負額可降低保費,但並非所有險種或高風險個案都會接受;仍須視乎保險人的核保政策、風險取向及保單安排而定,非必然
2
在香港一般保險實務中,關於「建築全險」(Contractors' All Risks Insurance) 的保障範圍、除外責任及附加條款的法律與實務應用,下列哪一項敘述最為準確且符合標準保單條款的規範?
A第一部份(工程損毀)雖然以「全險」形式承保,但明確排除因錯誤設計、材料缺陷或工藝不良所致的損失,惟通常可透過擴展條款保障受影響物件以外的其他財產損失。
B第二部份(第三者責任)所提供的保障範圍極廣,對於因挖掘工程導致鄰近建築物支撐力減弱或喪失所引起的法律賠償責任,屬於保單自動涵蓋的標準保障。
C免賠額僅適用於第一部份的物質損失賠償,對於第二部份涉及的人身傷害或財產損失賠償,基於公眾利益考量,保險人不得設置免賠額。
D建築全險的保障期僅限於施工期間,一旦工程取得實質完工證書,所有關於錯誤設計導致的後續損毀責任將自動轉由專業責任保險(PI)承擔,保單即告失效。
3
在香港一般保險市場的核保與保單行政實務中,針對保單取消的程序,某些特定險種因涉及法定強制性保障及公眾利益,法律明確規定保險人在終止合約時必須採取特定行動以防止文件被濫用。根據相關法律框架與核保實務,下列哪一類保險在保單被取消或終止時,保險人「必須」確保已取回或註銷由其簽發的保險憑證,否則可能需承擔持續的法定賠償責任?
A旅遊保險,因涉及多國緊急救援服務之憑證效力
B海上貨物保險,因涉及可轉讓保單憑證之物權屬性
C公眾責任保險,因涉及對第三者身體受傷之一般法律責任
D汽車保險,基於法定強制第三者責任保險之合規要求
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