Free IIC C11 Exam Questions

Question 1

Samuel is a broker who does NOT have claims-handling authority. He received a call from an insured at the scene of an auto accident. The insured was upset, and Samuel reassured her that everything would be fine because she had coverage. Later, the insurer denied the claim due to impaired driving. What should Samuel have done differently?

A : Told the insured that the insurer would have to investigate before he could answer her concerns

B : Told the insured to take immediate responsibility for the accident to uphold utmost good faith

C : Asked to speak to the police officer at the scene to determine legal implications

D : Asked the insured more details and informed her the claim would not be covered

Answer: A

Question 2

Which risk could be insured bychattel coverage?

A : Trip cancellation for a honeymoon

B : A mobile home belonging to a family

C : A half-court shot contest at a basketball game

D : Errors and omissions for a lawyer’s office

Answer: B

Question 3

Samuel is a broker who does NOT have claims-handling authority. He received a call from an insured at the scene of an auto accident. The insured was upset, and Samuel reassured her that everything would be fine because she had coverage. Later, the insurer denied the claim due to impaired driving. What should Samuel have done differently?

A : Told the insured that the insurer would have to investigate before he could answer her concerns

B : Told the insured to take immediate responsibility for the accident to uphold utmost good faith

C : Asked to speak to the police officer at the scene to determine legal implications

D : Asked the insured more details and informed her the claim would not be covered

Answer: A

Question 4

Which risk could be insured bychattel coverage?

A : Trip cancellation for a honeymoon

B : A mobile home belonging to a family

C : A half-court shot contest at a basketball game

D : Errors and omissions for a lawyer’s office

Answer: B

Question 5

If one in every five houses suffers a $50,000 loss each year, and all houses have the same value, what would the pure premium be for each homeowner?

A : $2,500

B : $5,000

C : $10,000

D : $100,000

Answer: B