Pass your test with the help of IIC C130 practice pdf. Prep4King offer 100% guarantee!
Updated: Aug 28, 2026
No. of Questions: 79 Questions & Answers with Testing Engine
Download Limit: Unlimited
We provide the most prestigious and reliable Prep4King C130 exam pdf for you. The valid questions with verified answers of C130 exam torrent will help you pass successfully. Download the IIC C130 free update questions and start your preparation right now.
Prep4King has an unprecedented 99.6% first time pass rate among our customers.
We're so confident of our products that we provide no hassle product exchange.
| Certification Vendor: | Insurance Institute of Canada (IIC) |
|---|---|
| Exam Name: | Essential Skills for the Insurance Broker and Agent |
| Exam Number: | C130 |
| Certificate Validity Period: | Exam results valid for 12 months for licensing application |
| Real Exam Qty: | 100 |
| Passing Score: | 60% |
| Available Languages: | French, English |
| Related Certifications: | General Insurance Agent/Broker Licence FCIP |
| Exam Duration: | 120 minutes |
| Exam Format: | Computer-Based, Scenario-Based, Multiple Choice |
| Exam Price: | CAD $360 |
| Recommended Training: | IIC C130 Course & Study Materials |
| Exam Registration: | Insurance Institute of Canada Registration |
| Sample Questions: | IIC C130 Sample Questions |
| Exam Way: | Virtually proctored online or in-person at authorized centres |
| Pre Condition: | Recommended prior study: C11 Principles and Practice of Insurance, C12 Insurance on Property, C13 Insurance Against Liability Part 1, C14 Automobile Insurance Part 1 |
| Official Syllabus URL: | https://www.insuranceinstitute.ca/en/CIP-FCIP-Designations/CIP/Program-Courses/Course-Details.aspx/?courseId=62&program=CIP |
| Section | Weight | Objectives |
|---|---|---|
| Communication and Service Skills | 8% | - Policy changes and endorsements - Record keeping - Client communication |
| Automobile Insurance | 10% | - Provincial variations - Mandatory and optional coverages - Rating and policy issues |
| Sales and Client Needs | 10% | - Insurance solutions - Risk identification - Client consultation |
| Insurance and the Intermediary | 10% | - Licensing and regulation - Legal duties and ethics - Roles of brokers and agents |
| Property Insurance Exposures | 10% | - Small commercial property risks - Exposures and perils - Personal property risks |
| Claims Handling | 8% | - Claim reporting process - Broker's role in claims - Settlement and subrogation |
| The Application Process | 10% | - Completing applications - Duty of disclosure - Underwriting considerations |
| Property Insurance Wordings | 12% | - Common policy forms - Coverages and exclusions - Valuation methods |
| From Quote to Policy | 10% | - Policy structure and components - Quotation and binding authority - Policy issuance and delivery |
| Liability Insurance | 12% | - Commercial general liability - Personal liability coverages - Legal liability concepts |
Question 1
In which Canadian province is compulsory automobile insurance purchased from a private insurer?
A. British Columbia
B. Saskatchewan
C. Newfoundland and Labrador
D. Manitoba
Question 2
W & A Insurers Inc. has a capacity of $30 million for any single property risk. It also has a reinsurance agreement with Tri-insurance Inc. for an additional $40 million. A broker approaches W & A Insurers Inc.
with a request to write a low-hazard $37 million liability risk. What is the insurer's retention if it accepts and reinsures the risk?
A. $40 million
B. $30 million
C. $37 million
D. $27 million
Question 3
Which occupancy would be most attractive to an insurer reviewing a property's exposure?
A. Clothing store
B. Auto body shop
C. Scrap yard
D. Restaurant
Question 4
Which document releases the insurer from further obligations for a loss after payment is made?
A. Proof of loss
B. Sworn statement
C. Reservation of rights letter
D. Non-waiver agreement
Question 5
What must an intermediary remember when using a valuation guide to calculate the replacement cost for a dwelling?
A. There will be increased costs to repair or replace luxury or custom dwellings.
B. The tool used by each insurer would provide the exact same calculation.
C. The mortgage value may be less than the cost of replacing the building.
D. There is no substitute for an on-site inspection by the intermediary.
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: A | Question 4 Answer: A | Question 5 Answer: A |
Exam practising software proved to be value for money. Thank you Prep4King for providing such guidance. Advice to all to prepare with the practise exam software in order to get good marks. I got 92% in the C130 certification exam.
Thank you team Prep4King for the amazing exam dumps pdf files. Prepared me so well and I was able to get 92% marks in the C130 exam.
Excellent dumps by Prep4King for C130 certification exam. I took help from these and passed my exam with 92% marks. Highly recommended.
Really helpful exam dumps for C130 certification at Prep4King. Bought the exam testing software and it helped me understand the nature of the exam. Great work Prep4King.
Thank you so much team Prep4King for developing the exam questions and answers file . Passed my C130 certification exam in the first attempt. Exam answers file is highly recommended by me.
I recently passed my IIC C130 certification exam with 92% marks. I used the practise exam software by Prep4King to prepare. Helped a lot. Recommended to all taking this exam.
Disclaimer Policy: The site does not guarantee the content of the comments. Because of the different time and the changes in the scope of the exam, it can produce different effect. Before you purchase the dump, please carefully read the product introduction from the page. In addition, please be advised the site will not be responsible for the content of the comments and contradictions between users.
Prep4King provides you with the high quality and high pass rate C130 study material to all the candidates. You can practice with C130 test engine and enjoy the simulated test environment. Now, study with our C130 training torrent, you will be confident in the actual test and easily pass.
While, if you fail the test unfortunately, do not worry, we guarantee to give you refund.Kindly please show us your failure certification score report, then we will deal with it and refund you.
Online test engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
Online Test Engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
Self Test Engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
PDF version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs.
Yes, our demo questions are part of the complete C130 exam material, you can free download to have a try
Once download and installed on your PC, you can practice C130 test questions, review your questions & answers using two different options 'practice exam' and 'virtual exam'.
Virtual Exam - test yourself with exam questions with a time limit.
Practice exam - review exam questions one by one, see correct answers.
You will receive an email attached with the C130 study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.
All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.
Yes, you will enjoy one year free update after purchase. If there is any update, our system will automatically send the updated study material to your payment email.
Yes. We have the money back guarantee in case of failure by our products. The process of money back is very simple: you just need to show us your failure score report within 60 days from the date of purchase of the exam. We will then verify the authenticity of documents submitted and arrange the refund after receiving the email and confirmation process. The money will be back to your payment account within 7 days.
Over 69727+ Satisfied Customers
