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IIC C130 Exam Syllabus Topics:

IIC Essential Skills for the Insurance Broker and Agent Sample Questions:

1. How many years of driving experience are newly licensed drivers generally credited for if they have completed an approved driver training course?

A) One or two years
B) Four or five years
C) Three or four years
D) Two or three years

2. In which Canadian province is compulsory automobile insurance purchased from a private insurer?

A) Manitoba
B) British Columbia
C) Newfoundland and Labrador
D) Saskatchewan

3. What type of insurance policy would a life lease holder require?

A) Mobile home and liability policy
B) Tenants package insurance
C) Condominium insurance
D) Personal liability package

4. An insured reports a loss to their broker and is subsequently contacted by an adjuster to discuss the claim. A few days later, the insured calls their broker to ask a question about their claim settlement. What is the best course of action for the broker to take?

A) Review the policy wordings with the insured
B) Connect the insured with their loss adjuster to discuss the claim
C) Advise the insured to contact the ombudsperson
D) Provide expected settlement values to the insured

5. It is critical that an intermediary is always mindful of privacy legislation during which method of sourcing clients?

A) Walk-ins
B) Online marketing
C) Upselling
D) Tracking of expiry dates

Solutions: