100+ Free CII I11 Practice Questions
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Key Facts: CII I11 Exam
75 questions
CII I11 is assessed by 75 multiple choice questions
CII - I11 unit page
2 hours
Time allowed for the I11 multiple choice exam
CII - I11 unit page
70%
Nominal pass mark for the I11 exam
CII - I11 unit page
15 credits
I11 is a Level 3 unit worth 15 CII credits
CII - I11 unit page
60 study hours
Recommended study time for the I11 unit
CII - I11 unit page
6 outcomes
The I11 syllabus has six learning outcomes from risk concept to business continuity
CII - I11 syllabus
About 86%
Reported 2025 pass rate for the I11 unit
CII - I11 unit page
100
Free original practice questions in this bank
OpenExamPrep
CII I11 Introduction to Risk Management is a Level 3, 15-credit unit assessed by 75 multiple choice questions in 2 hours with a nominal 70% pass mark. It covers six learning outcomes: the concept of risk, risk identification and analysis, risk evaluation, risk treatment, risk management in practice (including enterprise risk management and governance), and business continuity management. The CII recommends about 60 study hours, and the 2025 pass rate was roughly 86%. I11 counts towards the CII Certificate in Insurance and carries credits into the Diploma. This 100-question bank gives original multiple choice practice modelled on the current I11 syllabus and exam style.
Sample CII I11 Practice Questions
Try these sample questions to test your CII I11 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1In risk management terminology, which term best describes the cause of a loss, such as fire, flood or theft?
2A factory stores large quantities of flammable solvents next to its electrical switchroom. This condition is best classified as a:
3An insured deliberately leaves a building unsecured because they are insured and are not concerned about a possible theft. This attitude is an example of:
4Which of the following is a characteristic of a PURE risk?
5A company invests in launching a new product, knowing the venture may succeed or fail financially. This is best described as a:
6A widespread economic recession that affects employment across an entire country is best classified as a:
7A single house catching fire because of faulty wiring affects only that household. In terms of scope, this is a:
8Which term describes the amount and type of risk that an organisation is willing to accept in pursuit of its objectives?
9The maximum amount of risk that an organisation is able to bear, given its financial and operational resources, is known as its:
10An individual or organisation that is reluctant to take on uncertainty and prefers known outcomes is described as being:
About the CII I11 Exam
I11 Introduction to Risk Management is a Level 3, 15-credit optional unit of the Chartered Insurance Institute (CII) that counts towards the Certificate in Insurance and can carry credits into the Diploma and Advanced Diploma in Insurance. It introduces the core concepts of risk and the end-to-end risk management process - identifying, analysing, evaluating, treating and monitoring risk - together with enterprise risk management, governance, risk financing and business continuity. The exam is 75 multiple choice questions in 2 hours with a nominal 70% pass mark, delivered by remote invigilation or at a test centre. The 2026 study text edition applies to exams sat from 1 January to 31 December 2026.
Assessment
75 multiple choice questions across six learning outcomes: the concept of risk; identifying and analysing risk; evaluating risk; treating risk; how risk is managed in practice; and business continuity management.
Time Limit
2 hours (120 minutes).
Passing Score
Nominal pass mark of 70%, set using the CII's standard setting process so the exact mark can vary slightly per exam window.
Exam Fee
Purchased as a CII unit enrolment. On the 2025/26 fee schedule, general insurance enrolment-only units are typically around £155 for members and around £210 for non-members; confirm the current I11 price on the CII unit page. (Chartered Insurance Institute (CII))
CII I11 Exam Content Outline
The concept of risk
Definitions and components of risk, the distinction between peril and hazard, physical and moral hazard, fundamental versus particular risk, pure versus speculative risk, and how risk attitude, appetite and tolerance influence organisational decisions.
Risk identification and analysis
Methods of identifying risk, internal and external sources, categories such as operational, financial, strategic and hazard risk, qualitative and quantitative analysis, frequency and severity, and tools including risk registers, checklists and heat maps.
Risk evaluation
Measuring, ranking and prioritising risks using likelihood and impact, the risk matrix, expected value and probability, and comparing residual exposures against the organisation's risk appetite and tolerance to decide which risks need action.
Risk treatment and control
The four Ts of risk treatment - tolerate, treat, transfer and terminate - alongside loss prevention and reduction, physical and procedural controls, and risk financing through insurance, retention, self-insurance and captives.
Risk management in practice
The risk management process and framework, enterprise risk management (ERM), corporate governance and the three lines of defence, risk culture, monitoring and reporting, and how risk management relates to and is supported by insurance.
Business continuity management
Business impact analysis, business continuity and disaster recovery planning, crisis management and incident response, and how business continuity integrates with the wider risk management framework and insurance arrangements.
How to Pass the CII I11 Exam
What You Need to Know
- Passing score: Nominal pass mark of 70%, set using the CII's standard setting process so the exact mark can vary slightly per exam window.
- Assessment: 75 multiple choice questions across six learning outcomes: the concept of risk; identifying and analysing risk; evaluating risk; treating risk; how risk is managed in practice; and business continuity management.
- Time limit: 2 hours (120 minutes).
- Exam fee: Purchased as a CII unit enrolment. On the 2025/26 fee schedule, general insurance enrolment-only units are typically around £155 for members and around £210 for non-members; confirm the current I11 price on the CII unit page.
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
CII I11 Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the CII I11 exam and how long is it?
I11 has 75 multiple choice questions and a time limit of 2 hours. Every question is objective multiple choice; there is no written or essay component.
What is the pass mark for I11?
The nominal pass mark is 70%. The CII uses a standard setting process, so the exact pass mark for a particular exam window can vary slightly around 70%.
Is I11 a multiple choice exam?
Yes. I11 is assessed entirely by 75 multiple choice questions delivered by remote invigilation or at a test centre, with no coursework or written paper.
What does I11 count towards?
I11 is a Level 3, 15-credit optional unit that counts towards the CII Certificate in Insurance and can carry credits into the Diploma and Advanced Diploma in Insurance.
How long does it take to prepare for I11?
The CII recommends around 60 study hours. Most candidates prepare over about 6 to 10 weeks using the study text, key facts booklet and the online Knowledge Checker of 150 questions.
Are these official CII practice questions?
No. These are original OpenExamPrep questions modelled on the published I11 syllabus and exam style. The CII provides its own study text and Knowledge Checker separately.