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IIC C130 Exam Syllabus Topics:

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

1. How many years of driving experience are newly licensed drivers generally credited for if they have completed an approved driver training course?

A) Four or five years
B) Two or three years
C) One or two years
D) Three or four years

2. When does a minimum retained premium apply to a policy?

A) When the insurer cancels the policy at any time
B) When the insured cancels the policy midterm
C) When the insured moves the policy at renewal to another insurer
D) When the policy has been voided for misrepresentation

3. Which name is a legal entity?

A) Trains 'R Rolling
B) Olivia Clemente dba Discovery Playcare
C) Best Brokers
D) Joe's Bar and Grill

4. In which Canadian province is compulsory automobile insurance purchased from a private insurer?

A) Manitoba
B) Saskatchewan
C) British Columbia
D) Newfoundland and Labrador

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: