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 24, 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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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?
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Question 2
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MacMan Inc. employs several salespersons who travel throughout Canada with samples of its products.
Which type of coverage does MacMan Inc. require to protect its samples while in the salespersons'
possession?
Answer: D
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MacMan Inc. employs several salespersons who travel throughout Canada with samples of its products.
Which type of coverage does MacMan Inc. require to protect its samples while in the salespersons'
possession?
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Question 3
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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 4
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Which risk could be insured bychattel coverage?
Answer: B
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Which risk could be insured bychattel coverage?
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Question 5
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MacMan Inc. employs several salespersons who travel throughout Canada with samples of its products.
Which type of coverage does MacMan Inc. require to protect its samples while in the salespersons'
possession?
Answer: D
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MacMan Inc. employs several salespersons who travel throughout Canada with samples of its products.
Which type of coverage does MacMan Inc. require to protect its samples while in the salespersons'
possession?