IIC C131

Propositional trend analysis is accurate

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Repeated consolidation exercise

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Universal answer template

Everything needs a right way. The good method can bring the result with half the effort, the same different exam also needs the good test method. Our C131 study questions in every year are summarized based on the test purpose, every answer is a template, there are subjective and objective exams of two parts, we have in the corresponding modules for different topic of deliberate practice. To this end, our C131 training materials in the qualification exam summarize some problem - solving skills, and induce some generic templates. The user can scout for answer and scout for score based on the answer templates we provide, so the universal template can save a lot of precious time for the user.

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IIC C131 Exam Syllabus Topics:

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

1. Jeff, an intermediary who specializes in complex industrial risks, is reviewing a new request for insurance.
The client is a major construction company who is building a bridge, and wants insurance from end to end of the construction process, including property, liability, and other specialty coverages. From the preliminary information received on the new risk, Jeff understands that the risk CANNOT be placed with just one insurer.
Identify and discuss TWO different coverage options that Jeff can use to arrange coverage for this risk.

2. Why is bylaws insurance used?

A) To cover projects that can take years to complete
B) To protect wooded lots in the country
C) To cover vacant lots
D) To protect new buildings that comply with the latest building codes

3. Which party is the beneficiary under a surety bond?

A) Insurer
B) Obligee
C) Surety
D) Principal

4. What coverage is generally provided by an accounts receivable floater?

A) Loss arising out of credit card receipts being destroyed by fire
B) Loss arising out of bookkeeping errors
C) Loss arising as a result of bad debts
D) Loss arising out of maintaining duplicate records offsite

5. When should a broker recommend that a client amend their existing risk management plan?

A) Annually at renewal
B) When changing a manufacturing process
C) After financial statements are published
D) When hiring a new staff member

Solutions: