Pass your test with the help of IIC C131 practice pdf. Prep4King offer 100% guarantee!
Updated: Aug 25, 2026
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| Certification Vendor: | Insurance Institute of Canada |
| Exam Name: | C131 – Advanced Skills for the Insurance Broker and Agent |
| Exam Number: | C131 |
| Exam Format: | Multiple Choice, Case-based Questions |
| Related Certifications: | C11 – Principles and Practice of Insurance C12 – General Insurance Essentials |
| Available Languages: | English, French |
| Recommended Training: | Insurance Institute of Canada Learning Resources |
| Exam Registration: | Insurance Institute of Canada Exam Registration |
| Sample Questions: | IIC C131 Sample Questions |
| Exam Way: | Computer-based exam delivered through authorized testing or proctoring system. |
| Pre Condition: | Recommended completion of foundational insurance courses such as C11 or equivalent experience in general insurance. |
| Official Syllabus URL: | https://www.insuranceinstitute.ca |
| Section | Objectives |
|---|---|
| Topic 1: Insurance Brokerage Practice | - Broker roles and responsibilities - Professional ethics and conduct - Client relationship management |
| Topic 2: Risk and Insurance Fundamentals | - Risk identification and assessment - Insurance principles and coverage types |
| Topic 3: Claims and Loss Handling | - Loss adjustment principles - Claims processes and documentation |
| Topic 4: Underwriting and Policy Management | - Policy administration and endorsements - Underwriting guidelines and decision-making |
| Topic 5: Regulatory and Legal Environment | - Compliance and consumer protection - Insurance regulations in Canada |
1. What is the intent of a cross liability clause found in a commercial general liability (CGL) policy?
A) Compound the limits of liability by providing the limit of coverage for each named insured
B) Prevent one insured from bringing an action against another named insured
C) Provide coverage as if each named insured had a separate policy
D) Insure under a trading style which is always a legal entity
2. In risk management, how can a risk be transferred?
A) By reducing the risk through loss prevention
B) By self-insuring
C) By eliminating the risk
D) By using contracts
3. 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) Provide Amy with the facility's business interruption plan
B) Request a copy of Amy's coverage proposal
C) Prevent Amy from recording proprietary information
D) Examine Amy's agent identification
4. An individual who uses public transit rather than buying a car is managing their risk using which risk management technique?
A) Avoiding risk
B) Separating risk
C) Retaining risk
D) Transferring risk
5. An architect is sued by a client for having failed to account for local bylaws when designing a new home. For the insurance company to defend the architect, which coverage must he have in place?
A) Explosion, collapse, and underpinning
B) Commercial building, equipment, and stock
C) Errors and omissions
D) Wrap-up liability
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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