Principles and Practice of Insurance
Last Update 1 day ago
Total Questions : 100
Dive into our fully updated and stable C11 practice test platform, featuring all the latest Chartered Insurance Professional (CIP) exam questions added this week. Our preparation tool is more than just a IIC study aid; it's a strategic advantage.
Our free Chartered Insurance Professional (CIP) practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about C11. Use this test to pinpoint which areas you need to focus your study on.
[Regulatory Framework]
Which legal term describes the time in which a claim may be brought by the policyholder?
[Introduction to Risk and Insurance]
Jack is a first-time homeowner. How can he mitigate his risk?
[Sales and Distribution of Insurance]
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?
[Regulatory Framework]
What is needed to change older statutes that tend to be all-inclusive statements of law on a particular subject?
[Introduction to Risk and Insurance – Benefits of Insurance]
How would a moving and storage company benefit from purchasing insurance to cover customers’ goods while in transit?
[Insurance Companies]
Which role is directly employed by the Canadian property and casualty insurance industry?
[Insurance Companies / Broker Agreements]
Original Insurance Company terminated its broker agreement with TOY Insurance Brokers. Which situation likely resulted in this termination?
[Claims]
Antonio lights a firecracker and throws it to Brett. Brett tosses it to Sandra. Sandra catches it and throws it to Celina. It explodes in Celina’s hands, injuring her. Who is the immediate cause of the loss?
[Insurance Companies]
What type of company has the authority to bind coverage for a specific line of business as outlined by an insurer?
TESTED 21 Feb 2026
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