United Kingdom · QualificationWhat does Dip CII mean?
DipCII is the CII member designation for the Diploma in Insurance. If your Diploma includes Claims practice (M85) or Advanced claims (820), the CII lists DipCII (Claims) as an option. You use the letters while you’re a member.
Once your last unit pass is on your record, the CII says your qualification certificate is typically in MyCII within two calendar weeks, though quality checks can take it to 30 days.
The Diploma in Insurance isn’t in the Financial Conduct Authority’s (FCA’s) table of appropriate qualifications. For retail investment advice, the CII’s qualification is the Diploma in Regulated Financial Planning, whose holders use DipPFS.
CII Diploma in Insurance units and credits
Two units are compulsory: M05, and either M92 or 530. The rest you choose from the CII’s insurance framework. Here are the core units and the Diploma-level options:
| Unit | Credits | Level |
|---|---|---|
| M05 Insurance law (core) | 25 | 4 |
| M92 Insurance business and finance | 25 | 4 |
| 530 Economics and business | 30 | 6 |
| M66 Delegated authority | 25 | 4 |
| M67 Fundamentals of risk management | 25 | 4 |
| M80 Underwriting practice | 20 | 4 |
| M81 Insurance broking practice | 20 | 4 |
| M85 Claims practice | 20 | 4 |
| M86 Personal insurances | 20 | 4 |
| M90 Cargo and goods in transit | 25 | 4 |
| M91 Aviation and space insurance | 30 | 4 |
| M93 Commercial property and BI | 25 | 4 |
| M94 Motor insurance | 25 | 4 |
| M96 Liability insurances | 25 | 4 |
| M97 Reinsurance | 30 | 4 |
| M98 Marine hull and liabilities | 30 | 4 |
You take M92 or 530, not both. Your 120 credits must include at least 90 at Diploma level (Level 4) or above, core units included, and the rest can come from any unit in the insurance framework. BI is business interruption. M21 Commercial insurance contract wording has been withdrawn from sale.
How Dip CII units are assessed
The Level 4 units use mixed assessment: a coursework assignment and an on-screen multiple-choice exam. For M05 and M92 the coursework is 10 compulsory short-answer questions, sent in within 6 months of enrolling, with a 60% pass mark. The exam has to be passed within 18 months, at a standard pass mark of 65%.
The M05 exam is 50 questions in 60 minutes. M92’s is 90 minutes: 25 questions plus five case studies with five questions each. Your enrolment includes only the first exam entry, and coursework is marked within 63 calendar days of submission.
Some optional units are assessed differently, so check the unit page before you enrol. The M05 and M92 pages give an average pass rate of 91.2% for people completing the Diploma’s mixed assessment units in full.
Diploma in Insurance fees
| Item | Fee |
|---|---|
| Standard qualification fee (assessments) | £2,077 |
| Package fee (study materials) | £1,576 |
| CII membership, per year (optional) | £155 |
The CII’s March 2026 specification gives these for a UK non-member on a typical route with digital options. Membership is priced for a member qualified at Certificate level. Members get discounts, and each unit’s shop page has its own price.
Is the CII Diploma in Insurance equivalent to a degree?
No, it’s a professional qualification. The CII describes Level 4 study as about the first year of undergraduate level, and it suggests the Level 3 Certificate in Insurance, or foundation study such as GCSEs, before you start. There are no formal entry requirements.
The step after it is the Level 6 Advanced Diploma in Insurance, which leads to ACII (Associate of the Chartered Insurance Institute). If you already hold a degree or another professional qualification, the CII’s recognition of prior learning scheme may give you credits.
Sources: CII · FCA Handbook and 5 more. Checked November 2026.
- CII: Diploma in Insurance ↗
- CII: Diploma in Insurance qualification specification (March 2026) ↗
- CII: Insurance law (M05) unit page ↗
- CII: Insurance business and finance (M92) unit page ↗
- CII: 2027 qualifications brochure ↗
- CII: Results information ↗
- FCA Handbook: TC App 4.1, appropriate qualification tables (version of 3 October 2025) ↗
Rules and fees can change, so check the official site before your test.