IIC C131 dumps - in .pdf

C131 pdf
  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Aug 17, 2026
  • Q & A: 79 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Aug 17, 2026
  • Q & A: 79 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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IIC C131 dumps - Testing Engine

C131 Testing Engine
  • Exam Code: C131
  • Exam Name: Advanced Skills for the Insurance Broker and Agent
  • Updated: Aug 17, 2026
  • Q & A: 79 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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IIC C131 Exam Syllabus Topics:

SectionObjectives
Property Insurance Coverages- Property coverages fundamentals
Liability Insurance- Commercial and general liability concepts
Specialized Insurance Lines- Crime and bonds
- Manufacturers, distributors, freight forwarders
- Contractors insurance
- Automobile insurance
- Builders risk insurance
Risk Management- Analyzing risk exposures
- Monitoring and modifying risk management plans
- Insurance in a risk management plan
- Selecting risk techniques

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

1. An insured has a commercial property policy with a $50,000 deductible and a policy limit of $100,000. If the insured suffers a loss of $50,000, how much will the insurer pay?

A) $0
B) $100,000
C) $50,000
D) $25,000


2. A real estate investment trust is a long-term client of Best Brokerage. The REIT intends to tear down one unused warehouse and build an apartment in its place. The risk manager requests insurance coverage for the project, wants to avoid a significant increase in premium, and does not want to include cost overruns.
a) Briefly discuss how the limits of insurance of this project will be determined, and what type of costs are included in the limit.
b) Should the risk manager exclude cost overruns from the limit of insurance? Explain your answer.


3. Why is bylaws insurance used?

A) To cover vacant lots
B) To cover projects that can take years to complete
C) To protect new buildings that comply with the latest building codes
D) To protect wooded lots in the country


4. A company that owns several large coal mines is sent a letter of notification from its insurer, stating that policy coverage will be more restrictive going forward, particularly regarding pollution. Why would the coverage become more restrictive?

A) Decrease in remediation expenses
B) Insurer competition
C) Changes in the law
D) Reduction in mandatory arbitration


5. An individual who uses public transit rather than buying a car is managing their risk using which risk management technique?

A) Retaining risk
B) Avoiding risk
C) Transferring risk
D) Separating risk


Solutions:

Question # 1
Answer: A
Question # 2
Answer: Only visible for members
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: B

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