CIIN Certificate CF7 study guide
CIIN Certificate CF7 · Work through your exam, one topic at a time.
The CIIN Certificate CF7 is a professional-level certificate awarded through the Chartered Insurance Institute of Nigeria (CIIN). It is aimed at practitioners who already hold a foundational insurance qualification and want to deepen their technical competence across the Nigerian market, as well as at staff in underwriting, claims, broking, pensions and compliance roles who need a structured, examinable grounding in both life and general business. The CIIN Certificate CF7 study guide has 6 sections and about 2,147 words.
01Insurance Principles and Practice
This domain examines whether you can apply the founding doctrines of insurance - insurable interest, utmost good faith, indemnity, subrogation, contribution and proximate cause - to a Nigerian claim or policy dispute. Expect scenario stems, not definitions.
390 words, about 2 min02Life Insurance and Pensions
This domain covers life assurance products, standard policy provisions, and Nigeria's contributory pension system under the Pension Reform Act 2014 - the area where candidates most often confuse the insurer's role with the pension operator's. Term assurance pays only on death within the term; no maturity value, lowest premium.
368 words, about 2 min03General Insurance (Property, Liability, Motor, Marine, Aviation)
This domain tests the main non-life classes and the class-specific rules that change the size of a settlement - averages, excesses, perils covered and statutory liability regimes. Fire and property : sums insured on reinstatement basis, average clause, excess, salvage, and special perils extensions (storm, flood, riot, explosion).
342 words, about 2 min04Regulatory and Legal Framework of Insurance in Nigeria
This domain tests the statutory architecture - who may transact insurance in Nigeria, on what capital, and how NAICOM polices the market. Cite the instrument, not just the rule.
358 words, about 2 min05Insurance Accounting, Finance and Risk Management
This domain tests the numbers: how premium, claims and reserves move through a revenue account, what makes an insurer solvent, and how risk is managed. Expect a short computation.
338 words, about 2 min06Insurance Marketing, Customer Service and Ethics
This domain tests how insurance is sold and serviced in Nigeria and the ethical standard the CIIN expects of a member. Questions are scenario-based: identify the breach, name the duty, state the remedy.
351 words, about 2 min