Motor Insurance (M94) provides an understanding of the risks faced by the various types of motor vehicles and the legal requirements associated with motor insurance. It includes relevant case law and an overview of the different types of motor insurance products available from the general insurance market in the UK.
The study text considers the nature of motor risk and the scope of cover provided by motor policies. It looks at the main practices of motor insurance, underwriting and the claims considerations and procedures.
Key legislation governing motor insurance, the Road Traffic Act (RTA), is also examined and the impact of European legislation on UK laws and the provision of motor insurance. The role of the Motor Insurers' Bureau (MIB) in tackling uninsured and untraced drivers is covered including the levels of protection offered.
Building a successful career in insurance
This course is ideal for anyone seeking to gain knowledge and understanding of motor insurance and how this competitive insurance market operates. This subject is also relevant for anyone involved in the insurance profession or a service provision capacity.
Motor Insurance (M94) counts towards a Diploma in Insurance. It may also count towards the Advanced Diploma in Insurance.
Please note it is assumed that you already have knowledge of the fundamental principles of insurance as covered in Insurance, Legal and Regulatory (IF1) or equivalent examinations.
Summary of learning outcomes
- Understand the nature of motor risk and the main factors that impact on it.
- Understand the scope of cover provided by motor policies.
- Understand the main practices of motor insurance.
- Understand risk perception, evaluation and underwriting of motor insurance.
- Understand the claims considerations and procedures of motor insurance.
Assessment
- Coursework assignment with 10 compulsory short answer questions (marked within 63 calendar days of submission); and a 1 hour exam comprising 50 multiple-choice questions (MCQs)
- 60% coursework pass mark
- 65% exam nominal pass mark (for more information on nominal pass marks please see here)
- The average pass rate for those completing Diploma in Insurance mixed assessment units in full is currently 92.0%
- Coursework assignment to be submitted within 6 months of enrolment
- Exam to be passed within 18 months of enrolment (only first exam entry included as part of the enrolment)
Units treated as equivalent
Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.
If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.
Find out more about credit awards for equivalent units
Course delivery
Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.
Study material - editions available
2024-25 edition (applicable to exams sat 01 May 2024 to 30 April 2025)
Important information - Upcoming maintenance: The CII will be undertaking work on our IT systems throughout the entire weekend of 12-14 October, as part of our strategy to better support our members and customers.
The work will mean that during this time there will be no access to the CII/PFS/SMP websites and learners will be unable to take exams, access RevisionMate, or make purchases on these days. We have spoken to all those who have booked to sit an exam on these days to advise them of what action they need to take. We apologise for any inconvenience caused.
