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IIQE P2

General Insurance

Paper 2 maps general insurance lines: what is insured, how loss arises, where exclusions usually sit, and what claims must prove. Classification beats clause memorisation.

IIQE Paper 2 — property, liability, motor, employees’ compensation and related lines

Who this is for

  • Candidates who must contrast non-life thinking with life insurance
  • Business owners and households building a property & liability vocabulary

Learning outcomes

  • Classify general insurance lines by subject-matter and risk
  • Explain how property and liability losses differ in form
  • Read a non-life policy with the cover–exclusion–condition triangle

Chapters

  1. Property insurance — Fire and all-risks thinking: subject-matter, perils, valuation and loss adjustment.
  2. Liability insurance — Legal liability to third parties: triggers, defence costs and limit logic.
  3. Motor and employees’ compensation — Two lines with strong compulsory flavour: who must insure and the minimum cover.
  4. Other general insurance lines — Accident, travel, medical miscellaneous, cargo—scan with one reading template.
  5. Underwriting and claims frame — Non-life underwriting logic and the claims proof chain.

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