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IIC C130 Exam Syllabus Topics:

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

1. 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) Provide expected settlement values to the insured
C) Connect the insured with their loss adjuster to discuss the claim
D) Advise the insured to contact the ombudsperson

2. Briefly discuss the liability exposures that arise from the ownership of animals.

3. Which locale is an example of an attractive nuisance?

A) Residential pool
B) Suburban street
C) Public flower garden
D) Elementary school

4. 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

5. Trevor is cutting down a tree in his backyard. The tree accidentally falls onto his neighbour's shed, destroying the roof. Two weeks later, Trevor receives a document from his neighbour suing him for the damages to the shed and its contents. Which document has Trevor received?

A) Damages attestation
B) Judgment notice
C) Statement of defence
D) Statement of claim

Solutions: