IIC C131 exam - in .pdf

C131 pdf
  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Jul 14, 2026
  • Q & A: 79 Questions and Answers
  • PDF Price: $59.99
  • PDF Demo

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  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Jul 14, 2026
  • Q & A: 79 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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IIC C131 exam - Testing Engine

C131 Testing Engine
  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Jul 14, 2026
  • Q & A: 79 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

About IIC Advanced Skills for the Insurance Broker and Agent : C131 Exam Torrent

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

1. Amy, an agent, is inspecting a facility of a prospective client, Medical Manufacturing Inc. A junior employee, Max, is showing Amy around the main facility while it is in action, and answering her questions. Toward the end of the tour, Max's manager joins them and chastises Max for his negligence. What did Max likely forget to do?

A) Examine Amy's agent identification
B) Request a copy of Amy's coverage proposal
C) Provide Amy with the facility's business interruption plan
D) Prevent Amy from recording proprietary information


2. Jeremy is a new electrical contractor. He needs some special documentation before he can practise his trade, to be compliant with territorial regulations. Which special documentation will the broker arrange for Jeremy?

A) Errors and omissions insurance
B) Licence and permit bond
C) Performance bond
D) Equipment breakdown insurance


3. Peter, a broker, has been approached by a new client, Western Grocers Inc., an import-export company that distributes wholesale meats and seafood. The company has a main operating warehouse where a wide variety of products are stored. The company's president is concerned that the property insurance premiums are too high. She wants to remove the equipment breakdown coverage from the policy to save money. Discuss the information Peter would provide to the president regarding the need for an equipment breakdown insurance policy.


4. Two agents are discussing artificial intelligence being used more frequently in Canadian industries. They are enthusiastic to write these risks on behalf of their employer, who has relaxed its guidelines on niche risks.
Which type of market are they likely in?

A) Strong market
B) Hard market
C) Soft market
D) Weak market


5. An individual who uses public transit rather than buying a car is managing their risk using which risk management technique?

A) Avoiding risk
B) Transferring risk
C) Retaining risk
D) Separating risk


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: Only visible for members
Question # 4
Answer: C
Question # 5
Answer: A

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