CIIN Certificate CF3 study plan

CIIN Certificate CF3 · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Principles of Insurance

Define the core principles of insurance (insurable interest, indemnity, utmost good faith, contribution, subrogation) and state how each applies to a simple scenario
Distinguish the main classes of insurance business and explain who bears the risk in each
Explain how pooling and the law of large numbers underpin premium setting

A one-page glossary of 20 core principles terms, each with a worked one-line example

Week 2

Apply the principles of indemnity and subrogation to calculate a settlement figure in three short scenarios
Outline the regulatory framework governing insurers and intermediaries, including authorisation and conduct requirements
Identify the main statutory duties placed on insurers and on policyholders

A 10-question self-test on principles and regulation, scored and with wrong answers corrected in writing

Week 3

Explain the legal requirements for a valid contract of insurance and for disclosure of material facts
Describe how complaints, ombudsman schemes and financial compensation schemes protect policyholders
Apply the professional conduct standards expected of an intermediary to three ethical dilemmas

Three written ethical-dilemma responses, each citing the conduct standard relied on

Week 4

Compare the cover, exclusions and conditions of the main general insurance products (property, motor, liability, travel, pecuniary)
Explain the role of policy wording, warranties, conditions precedent and excesses in shaping cover
Calculate a pro-rata premium and an average (underinsurance) settlement

A comparison table of five general insurance products with cover, key exclusions and typical excesses

Week 5

Explain the underwriting process from proposal to acceptance and the role of the proposal form
Describe the main rating factors used for property, motor and liability risks
Identify methods of risk management (avoidance, reduction, transfer, retention) and apply them to a commercial client

A one-page underwriting and risk-management brief for a hypothetical small business client

Week 6

Distinguish the main life and health products (term, whole of life, endowment, income protection, critical illness) by benefit and duration
Explain the underwriting factors specific to life and health, including medical history and occupation
Describe how premiums are structured for level, increasing and unit-linked contracts

A product matrix for five life and health contracts with benefit, term and underwriting notes

Week 7

Outline the claims notification, investigation and settlement process for general and life claims
Explain the roles of loss adjusters, assessors and medical evidence in claims
Apply the principles of indemnity, salvage and subrogation when settling a disputed claim

A written claims-handling walkthrough for one general and one life claim, with settlement calculations

Week 8

Complete two timed mock exams under exam conditions and mark them against the answer key
Identify the three weakest domains from mock results and revise them
Consolidate key definitions, formulas and regulatory points into a revision sheet

Two marked mock exams with a written revision plan targeting the three weakest domains

Week 2: Score at least 70% on the principles and regulation self-test

Week 4: Explain indemnity, subrogation and average without notes and calculate an average settlement correctly

Week 6: Score at least 65% on a mixed 20-question quiz covering domains 1 to 5

Week 8: Score at least 75% on the second mock exam, with no domain below 60%