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In IT industry or to IT practitioner, Chartered Insurance Professional (CIP) C131 certification is much more than a piece of paper. When an IT corporation recruits professional employees, they must hope the employee is skillful and professional enough to contribute to a smooth operation with low-risk and more benefits. Increasingly, Chartered Insurance Professional (CIP) C131 exam certification is playing an important role in the IT industry, and drives tangible benefits for the owner and company. A person certified by C131 certification can mitigate risk by completing more projects on time and within budget and understand the software inside and out, which leads to higher user acceptance and creates more profits. So if you have gained the Chartered Insurance Professional (CIP) C131 certification (Advanced Skills for the Insurance Broker and Agent), you may have chance to enter into a big IT company, and you will get a rich reward along with a higher positions when you create value for the company. Everyone wants to build a better life and have bright future, so it is natural to chase after C131 certification. But the people around you may try to attend the C131 actual exam for several times and fail all the time. Do not be afraid, although it is hard to pass, there is always ways to overcome and get success. Here, you can get some reference for your C131 exam preparation.
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| Section | Objectives |
|---|---|
| Risk Management | - Selecting risk techniques - Monitoring and modifying risk management plans - Analyzing risk exposures - Insurance in a risk management plan |
| Property Insurance Coverages | - Property coverages fundamentals |
| Specialized Insurance Lines | - Builders risk insurance - Manufacturers, distributors, freight forwarders - Automobile insurance - Crime and bonds - Contractors insurance |
| Liability Insurance | - Commercial and general liability concepts |
The question of whether an employee might convert cash or cheques for her own use would be considered when underwriting which policy coverages?
Correct Answer: C 🗳️
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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?
Correct Answer: C 🗳️
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An individual who uses public transit rather than buying a car is managing their risk using which risk management technique?
Correct Answer: B 🗳️
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What type of liability policy would cover a product liability exposure arising from an error in the manufacturing design of a product?
Correct Answer: D 🗳️
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A broker is reviewing a client's risk profile. The client commonly sends their employees on international trips to source rare goods, which are often found in unstable parts of the world. The broker recommends a kidnap, ransom and extortion policy. Which type of client is this?
Correct Answer: B 🗳️
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