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Chartered Insurance Institute
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Fundamentals of risk management - exam assessment

P67 (25 credits)

The objective of this unit is to develop in the candidate an understanding of the principles of risk management and the role of insurance within these principles.

Unit P67 will be examined for the final time in October 2018. Following the final exam sitting, this unit will be tested by mixed assessment only which consists a combination of coursework and multiple choice exam. Please visit the M67 unit page for further information. 

 

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Unit registration (applicable to Apr and Oct exams within a 12-month enrolment period)

Members
£265.00
Non-members
£340.00
Study text (printed and ebook) with updates, RevisionMate, exam guide and exam entry

This includes a printed study text and ebook (available on RevisionMate) with electronic updates. Updates are available for 12 months after enrolment (further details on updates are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

RevisionMate

Additionally, you will have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. Please note: access to this support is granted for 12 months until your study text enrolment expires.

Support includes a study planner, student discussion forum and the latest examination guide.

Exam entry
Exams can be booked at the point of enrolment or at a later date.

ebooks
ebooks are compatible with most portable electronic devices including Android tablets/smart phones, Kindles and iPads/iPhones. They can also be viewed on desktop and laptop computers using appropriate EPUB/Kindle reader software (required).

Please note:

  • ebooks are not pdf files and cannot be printed.
  • the reading experience will depend on the portable device used or the reading software installed, if viewed on a computer.

Sample chapter download
To check that the file formats are compatible with your device/chosen e-reader software, click on the link below to download a sample.

• Free sample chapters

Examination guide

This comprises a past paper, examiners' comments on candidates' performance and key points for inclusion in your answers.


Study text (printed and ebook) with updates, RevisionMate, exam guide and exam entry

This includes a printed study text and ebook (available on RevisionMate) with electronic updates. Updates are available for 12 months after enrolment (further details on updates are included on the title page of the study text). Developed to assist you in understanding and learning the exam syllabus, the text breaks down the syllabus into concise sections, with each chapter containing clearly defined learning outcomes and a series of self-test questions.

RevisionMate

Additionally, you will have access to an unrivalled suite of online services to support your studies through our RevisionMate study tool. Please note: access to this support is granted for 12 months until your study text enrolment expires.

Support includes a study planner, student discussion forum and the latest examination guide.

Exam entry
Exams can be booked at the point of enrolment or at a later date.

ebooks
ebooks are compatible with most portable electronic devices including Android tablets/smart phones, Kindles and iPads/iPhones. They can also be viewed on desktop and laptop computers using appropriate EPUB/Kindle reader software (required).

Please note:

  • ebooks are not pdf files and cannot be printed.
  • the reading experience will depend on the portable device used or the reading software installed, if viewed on a computer.

Sample chapter download
To check that the file formats are compatible with your device/chosen e-reader software, click on the link below to download a sample.

• Free sample chapters

Examination guide

This comprises a past paper, examiners' comments on candidates' performance and key points for inclusion in your answers.

Redeem exam voucher or book re-sit

Prices displayed apply to those who wish to purchase an exam re-sit. You can also book here if you have a valid exam voucher for which you will not be charged.

Members
£110.00
Non-members
£150.00
Unit P67 exam
 

Study text renewal

Members
£77.00
Non-members
£95.00
Upgrade your study text (printed and ebook) to the next edition

We offer the option for you to extend the life of your enrolment once your course has expired and receive the next edition of the study text together with electronic updates. This option is renewable on an annual basis.

Upgrade your study text (printed and ebook) to the next edition

We offer the option for you to extend the life of your enrolment once your course has expired and receive the next edition of the study text together with electronic updates. This option is renewable on an annual basis.

Introduction

CII qualifications involve the completion of one or more units, each covering an individually assessed topic. Assessment methods vary and depend on a unit's level and subject matter.


Study and assessment methods include:

  • Multiple-choice question (MCQ) exam - Study is based on a specified enrolment period, from 01 January – 31 December. MCQ exams are available weekly at UK and select non-UK online exam centres, or twice-yearly in April and October at non-UK paper-based exam centres.
  • Written exams - Study is based on a 12 month enrolment period from the date of purchase. Written exams are held twice-yearly in April and October, with the exception of unit R06 which is tested four times-yearly, at UK and non-UK exam centres.
  • Coursework assessment - Study is based on a 12 month enrolment period from the date of purchase. Three written assignments, each typically between 2,000 - 3,000 words, need to be passed.
    Download Insurance Coursework assessment guidelines and instructions »
    Download Personal Finance Coursework assignment guidelines and instructions »
  • Mixed assessment - Study is based on a 18 month enrolment period from the date of purchase. A combination of a single coursework assignment must be passed within the first six months and a MCQ exam passed within 18 months.
    Download Mixed Assessment guidelines and instructions »
  • Dissertation assessment - Study is based on a 18 month enrolment period from the date of purchase. A dissertation, typically between 10,000 - 11,000 words, on an agreed subject must be submitted.
    Download Dissertation guidelines and instructions »

It is essential that candidates familiarise themselves with the guidelines and instructions. Candidates should also familiarise themselves with the coursework and dissertation policies as well as exam policies before the assessment, and notes to results post-assessment.

Diploma in Insurance units

Learning solutions update

These updates are Learning Solutions updates for study purposes.

2017-18 edition

Pdf icon small MP67_2017-18_web_update_01_24-10-2017

Pdf icon small P67 2017-18 edition changes

View the latest information on:

Pdf icon small Insurance current editions

Qualification update

Testing Position

Solvency II Directive

Solvency II comes into effect on 1 January 2016 and examinations will be reflective of the Directive from 1 May 2016. 

The Insurance Act 2015

The Insurance Act 2015 comes into effect on 12 August 2016 and examinations will be reflective of the Act from 1 October 2016.

EU Referendum

  • On 23 June 2016, the UK voted to leave the European Union (EU).
  • The UK Government invoked 'Article 50' of the Lisbon Treaty on 29 March 2017. In doing so, the two-year negotiation period which will result in Britain leaving the EU began. This means that, at the time of publication, the UK's membership of the EU will cease on 29 March 2019.
  • Until this final 'withdrawal agreement' is entered into, the UK will continue to be a full member of the EU, compliant with all current rules and regulations, and firms must continue to abide by their obligations under UK law, including those derived from the EU, and continue with the implementation of all  legislation that is still to come into effect.
  • The longer term impact of the decision to leave the EU on the UK's overall regulatory framework will depend, in part, on the relationship agreed between the UK Government and the EU to replace the UK's current membership at the end of the 'Article 50' negotiation period.
  • Please note: The UK decision to leave the European Union will have no impact on the 2017- 2018 CII syllabuses or exams. Changes that may affect future exam syllabuses will be announced as they arise.
 

Assessment information

It is important that candidates entering for a CII assessment familiarise themselves with our service, in particular the rules and procedures that are in place.