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| Certification Vendor: | Insurance Institute of Canada (IIC) |
|---|---|
| Exam Name: | Advanced Skills for the Insurance Broker and Agent |
| Exam Number: | C131 |
| Exam Format: | Computer-based, Scenario-based questions, Multiple-choice |
| Real Exam Qty: | 100 |
| Exam Price: | CAD 250–320 (plus tax) |
| Available Languages: | English |
| Related Certifications: | CIP Level 2 Insurance Broker Licence |
| Certificate Validity Period: | 3 years |
| Exam Duration: | 120 minutes |
| Passing Score: | 60% |
| Recommended Training: | C131 Official Study Materials IIC E-Learning Portal |
| Exam Registration: | IIC Official Registration |
| Sample Questions: | ![]() |
| Exam Way: | Virtually proctored online or in-person at authorized test centres |
| Pre Condition: | Recommended completion of C130: Essential Skills for the Insurance Broker and Agent |
| Official Syllabus URL: | https://www.insuranceinstitute.ca/en/Courses/CIP/C131 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Commercial Property Coverages | 15% | - Policy Wordings and Clauses - Business Interruption Insurance |
| Topic 2: Monitoring and Modifying Risk Plans | 5% | |
| Topic 3: Risk Management Principles | 15% | - Analyzing Risk Exposures - Developing Risk Management Plans - Selecting Risk Management Techniques |
| Topic 4: Specialty Lines: Auto, Crime, and Surety Bonds | 10% | |
| Topic 5: Insuring Manufacturers & Distributors | 15% | |
| Topic 6: Insuring Contractors & Construction Risks | 15% | - Builders Risk Insurance - Contractors' Exposures |
| Topic 7: Introduction to Commercial Insurance | 10% | |
| Topic 8: Commercial Liability Coverages | 15% | - Errors and Omissions - General Liability |
The IIC Advanced Skills for the Insurance Broker and Agent blueprint spans 8 domains — including Monitoring and Modifying Risk Plans (5%), Introduction to Commercial Insurance (10%), Commercial Liability Coverages (15%). Spend your hours where the percentages are; the full outline above lists every subtopic.
Yes:
After any official course, verify retention with the 79 practice questions for the IIC Advanced Skills for the Insurance Broker and Agent — scored simulation shows what lectures can't.
CAD 250–320 (plus tax) per attempt, 60% to pass. Retakes bill the full fee again, so make the first attempt the prepared one — rehearse with the 79 practice questions from DumpsTests until the mark is comfortably behind you.
Through the vendor's official channels:
The IIC Advanced Skills for the Insurance Broker and Agent is delivered Virtually proctored online or in-person at authorized test centres — choose the option that fits your schedule.
120 minutes for 100 questions. Train the pace, don't guess it: the DumpsTests software and online engines simulate the real test scene and score your performance, so exam day holds no surprises.
Recommended completion of C130: Essential Skills for the Insurance Broker and Agent Vendors adjust eligibility rules over time — verify the current requirements on the official page (official C131 exam page) before registering.
Files first: payment triggers an automatic email within a minute — download on unlimited devices, and contact our round-the-clock team if nothing arrives within 2 hours (check spam). Failure is covered: take the corresponding C131 exam within 60 days of purchase, and if you don't pass, email a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam — we handle it quickly, with the full refund processed within 7 days. Exclusions: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. You may instead exchange for two equal-value products free.
Yes — download the free IIC Advanced Skills for the Insurance Broker and Agent demo and inspect real questions before paying. Your purchase then stays valid for 365 days with free updates throughout, renewable afterward at 50% off.
The IIC Advanced Skills for the Insurance Broker and Agent is IIC's official exam for the Chartered Insurance Professional (CIP) certification, at the Professional level. It validates practical, job-relevant skills — which is why employers shortlist certified candidates. Related credentials include CIP, Level 2 Insurance Broker Licence.
When a broker is focusing on a manufacturing facility's housekeeping regimen and safeguards for a prospect, what is he primarily trying to establish?
Correct Answer: A 🗳️
Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).
Annette, a new broker, is completing a wrap-up liability insurance application for a condominium development. Before finalizing the application, she asks a coworker to review it. Her coworker advises Annette that she has missed an important detail. What detail did Annette likely miss?
Correct Answer: B 🗳️
Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).
A broker is reviewing a quote against a submission for a client. The client owns several older rental housing units. Underwriting has agreed to the submission, with a roof exclusion on the older buildings. The client is happy with the premium cost, but not the exclusion. What should the broker do next?
Correct Answer: C 🗳️
Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).
What is the purpose of a letter of authorization?
Correct Answer: C 🗳️
Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).
XYZ Insurer is known for using the first-in principle. If multiple brokers request quotations for a new applicant, how does XYZ Insurer respond?
Correct Answer: D 🗳️
Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).
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