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Free Chapter 1 sample test — 10 questions with explanations, no account required.
CII LM1 · London Market insurance essentials
Practice questions built for the LM1 exam — chapter by chapter
LM1-style multiple choice questions across the full syllabus and study text. Scenario-based questions, instant feedback, and progress tracking — so you can revise the way the exam actually tests you.
10 free questions · No account required.
Built for LM1 candidates
Whether you are new to insurance or moving into the London Market, this resource helps you practise the way LM1 is actually assessed.
Exam-format questions
Four options (a–d), one question at a time — the same structure as the real LM1 paper.
Study-text aligned
Questions drawn from LM1 syllabus outcomes and study-text chapters 1–9, including legal principles, Market structure, brokers, and underwriters.
Learn from every answer
See whether you were right or wrong immediately, with a short explanation after each question.
Full syllabus coverage
Every major LM1 topic area is available as its own practice test. Mix and match chapters as you work through the study text, or sit the full 50-question exam when you are ready. Browse all chapters to see which topics are free or locked.
Full LM1 practice exam
50 questions across all chapters — the same length as the real exam
- All chapters
- Timed revision
- Exam conditions
Chapter 1 — Basic terminology
Syllabus outcomes 1.1–1.5
- 1.1 Good faith
- 1.2 Proximate cause
- 1.3 Indemnity
- 1.4 Contribution
- 1.5 Subrogation
Chapter 2 — Legal principles
Sections A–H
- Valid contract
- Insurable interest
- Disclosure
- Cancellation
- Proximate cause
- Indemnity
- Contribution
- Subrogation
Chapter 3 — Classes of business
Sections A–D
- Marine
- Non-marine
- Aviation
- Reinsurance
Chapter 4 — Insurance cycle
Sections A–C
- Supply & demand
- Marketplace
- Cycle variation
Chapter 5 — London Market structure
Sections A–G
- Lloyd's
- Company market
- Brokers
- MGAs
- International
- Associations
- Flow of business
Chapter 6 — Legal & regulatory
Sections A–F
- UK framework
- FCA & PRA
- Overseas regulation
- Lloyd's governance
- Authorisation
- FOS & FSCS
Chapter 7 — Systems & controls
Sections A–E
- UK/EU/US regulation
- Sanctions
- Data protection
- AML
- Bribery
Chapter 8 — Role of a broker
Sections A–E
- Legal basis
- Regulation
- Intermediary services
- Placing
- Claims
Chapter 9 — Underwriters
Sections A–C
- Role of underwriter
- Functions
- Subscription market
How it works
Three steps — no complicated setup.
Step 1
Unlock full access
£9.99/month. Pay on secure checkout, then set your password when you return.
Step 2
Choose a topic
Select a chapter section, syllabus outcome, or the full 50-question exam.
Step 3
Practise and review
Answer LM1-style questions, read explanations, and track your scores over time.
What other LM1 candidates say
Early feedback from people using the site to prepare for their exam.
“I struggled to find anything beyond the CII study text. Being able to drill Chapter 2 and the full exam format in one place has made revision much less stressful.”
“The scenario questions feel closer to the real paper than generic insurance quizzes I tried elsewhere. I use the progress screen to see which chapters I keep getting wrong.”
“As someone new to the London Market, the chapter-by-chapter tests helped me learn the syllabus structure. The explanations after each answer are what make it useful — not just a score.”
Try free samples
Start with 10 free LM1-style questions — then unlock every chapter, readiness checks, and the full 50-question exam with a study pass.
Try free samples
10 free questions · No account required.