Free IIC C11 Exam Questions
Absolute Free C11 Exam Practice for Comprehensive Preparation
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IIC C11 Exam Questions
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Provided By: IIC
- Exam: Principles and Practice of Insurance
- Certification: Chartered Insurance Professional (CIP)
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Total Questions: 101
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Updated On: Sep 03, 2026
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Rated: 4.9 |
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Online Users: 202
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Question 1
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If one in every five houses suffers a $50,000 loss each year, and all houses have the same value, what would
the pure premium be for each homeowner?
Answer: B
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If one in every five houses suffers a $50,000 loss each year, and all houses have the same value, what would
the pure premium be for each homeowner?
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Question 2
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Patrice works as a broker meeting a new client. He is building rapport by performing similar actions to those
of his client. Which form of in-person communication is he engaging in?
Answer: A
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Patrice works as a broker meeting a new client. He is building rapport by performing similar actions to those
of his client. Which form of in-person communication is he engaging in?
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Question 3
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Usually, what must an insurance intermediary do before using the personal information of a client for a
purpose other than that for which the information was originally collected?
Answer: A
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Usually, what must an insurance intermediary do before using the personal information of a client for a
purpose other than that for which the information was originally collected?
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Question 4
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In a non-proportional (excess of loss) reinsurance contract, the reinsurer agrees to pay the portion of any loss
thatexceeds $80,000, up to an additional$100,000.
How much would the primary insurer pay for an insured loss of$60,000?
Answer: D
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In a non-proportional (excess of loss) reinsurance contract, the reinsurer agrees to pay the portion of any loss
thatexceeds $80,000, up to an additional$100,000.
How much would the primary insurer pay for an insured loss of$60,000?
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Question 5
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Samuel is a broker who does NOT have claims-handling authority. He received a call from an insured at the
scene of an auto accident. The insured was upset, and Samuel reassured her that everything would be fine
because she had coverage. Later, the insurer denied the claim due to impaired driving. What should Samuel
have done differently?
Answer: A
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Samuel is a broker who does NOT have claims-handling authority. He received a call from an insured at the
scene of an auto accident. The insured was upset, and Samuel reassured her that everything would be fine
because she had coverage. Later, the insurer denied the claim due to impaired driving. What should Samuel
have done differently?