Pay attention on Pass-king C130 Practice Materials, clear exam 100% for sure
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Updated: Jul 03, 2026
No. of Questions: 79 Questions & Answers with Testing Engine
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IIC Essential Skills for the Insurance Broker and Agent Sample Questions:
1. Which homeowners package policy provides all-perils coverage on the building and named-perils coverage on the contents?
A) Comprehensive
B) Basic
C) Standard
D) Broad
2. What is included in an experience letter from an insurer or broker?
A) Amount of the last insurance premium paid
B) Period during which the individual was insured
C) List of all vehicles owned by the insured over the past six years
D) Name of each driver and applicable licence class
3. In provinces with a graduated licensing system for intermediaries, what must the licensee achieve in order to write the next level of examination?
A) Work experience
B) Adequate remuneration
C) Election to the council
D) Regulator sponsorship
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. What should a broker do when selecting coverage for a client?
A) Ensure that only standard policy wordings are used
B) Place the policy with the insurer that has the most legally-worded policies
C) Compare wordings based on an analysis of the client's needs
D) Overinsure the client to protect the broker from an errors and omissions claim
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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