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IIC C11 Questions & Answers - in .pdf

C11 pdf
  • Total Q&A: 103
  • Update: Jul 02, 2026
  • Price: $59.99
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  • Vendor: IIC
  • Exam Code: C11
  • Exam Name: Principles and Practice of Insurance
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IIC C11 Q&A - Testing Engine

C11 Study Guide
  • Total Q&A: 103
  • Update: Jul 02, 2026
  • Price: $59.99
Testing Engine
  • Vendor: IIC
  • Exam Code: C11
  • Exam Name: Principles and Practice of Insurance
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IIC Principles and Practice of Insurance Sample Questions:

1. Orianna is an insurance professional who acts on behalf of the insurerandthe insured. She owns her client list and is paid commission once policies are arranged. What is her profession?

A) Independent adjuster
B) Underwriter
C) Broker
D) Exclusive agent


2. A person applies for fire insurance on their house but fails to mention that in winter they leave the house unoccupied for two months while vacationing. What is this an example of?

A) Non-disclosure
B) Negligence
C) Breach of warranty
D) Discharge of contract


3. Robin is employed as a loss adjuster handling a large residential fire claim. Which is NOT one of their responsibilities?

A) Uphold the law with respect to its interpretation
B) Explain relevant insurance coverage
C) Provide legal advice even if the claimant has legal counsel
D) Assess the claim with integrity


4. Why would a policyholder use an intermediary?

A) They make reinsurance arrangements for clients
B) They represent all insurers
C) They help to identify clients' insurance needs
D) They have unlimited liability


5. A company suffers an $80,000 theft loss from its commercial property.
Insurer A covers the property for $300,000.
Insurer B covers the same property for $100,000.
Assuming both policies have identical terms, how is the $80,000 loss shared?

A) Insurer A pays $40,000; Insurer B pays $40,000
B) Insurer A pays $0; Insurer B pays $60,000
C) Insurer A pays $80,000; Insurer B pays $0
D) Insurer A pays $60,000; Insurer B pays $20,000


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: D

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C11 Related Exams
C131 - Advanced Skills for the Insurance Broker and Agent
C130 - Essential Skills for the Insurance Broker and Agent
Related Certifications
RIBO Insurance Broker
Chartered Insurance Professional (CIP)