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MRT 2 · Property Insurance Claims
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Property Insurance Claims

Rebuilding cost vs market value, averaging, index-linking, and lender’s interest in the policy. End of CeMAP 2 Revision Guides Learnovi.co.uk | 2025/2026

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Key points

Question 3

Which term matches: "Buildings insurance covers rebuild cost, not market value; sum insured must reflect full rebuild cost"

Question 4

What does "Index-linking" mean?

Question 5

Match each term in "Key points" to its meaning

Tap a term, then tap its matching definition.

Question 6

Fill in the blank

______ — averaging applies — insurer only pays proportionate amount of claim

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What the exam tests

Rebuilding cost vs market value, averaging, index-linking, and lender’s interest in the policy. End of CeMAP 2 Revision Guides Learnovi.co.uk | 2025/2026

Question 8

True or false?

Rebuilding cost vs market value, averaging, index-linking, and lender’s interest in the policy