Practice for prefect & pass for sure

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In IT industry or to IT practitioner, Chartered Insurance Professional (CIP) C11 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) C11 exam certification is playing an important role in the IT industry, and drives tangible benefits for the owner and company. A person certified by C11 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) C11 certification (Principles and Practice of Insurance), 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 C11 certification. But the people around you may try to attend the C11 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 C11 exam preparation.

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IIC C11 Exam Syllabus Topics:

IIC Principles and Practice of Insurance Sample Questions:

1. Whose signatures wouldusuallyappear on therisk's policy?

A) Denis and Cathy
B) Denis and Simone
C) Simone and Alan
D) Alan and Cathy

2. MacMan Inc. employs several salespersons who travel throughout Canada with samples of its products.
Which type of coverage does MacMan Inc. require to protect its samples while in the salespersons' possession?

A) Aviation Insurance
B) Personal Property Floater
C) Accident Insurance
D) Commercial Property Floater

3. What is a disadvantage of loss retention through borrowing?

A) It requires significant commitment from senior management
B) It is difficult even if the company has assets to cover the loan
C) It reduces the company's line of credit
D) Special accounting is always required

4. 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) $10,000
B) $5,000
C) $2,500
D) $100,000

5. The risk manager of an oil refinery is seeking ways to transfer the pollution risk of a new drilling method.
What is the best option?

A) Transfer the risk using a surety bond
B) Retain the risk
C) Use a non-insurance loss-financing transfer agreement to insure the risk
D) Add the risk to the company's standard commercial property and liability policies

Solutions: