Passing exam with C11 latest training materials
Prepare and pass exam with our IIC C11 training material, here you will achieve your dream easily With TrainingQuiz!
Updated: Sep 15, 2026
No. of Questions: 103 Questions & Answers with Testing Engine
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The professional and accurate C11 Training Materials with the best precise contents is helping canidates pass for sure!
Pass your exam with latest TrainingQuiz C11 Training Materials just one-shot. All the core contents of IIC C11 exam trianing material are helpful and easy to understand, compiled and edited by the experienced experts team, which can assist you to face the difficulties with good mood and master the key knowledge easily, and then pass the IIC C11 exam for sure.
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IIC C11 Exam Overview:
| Certification Vendor: | Insurance Institute of Canada (IIC) |
|---|---|
| Exam Name: | Principles and Practice of Insurance |
| Exam Number: | C11 |
| Available Languages: | English, French |
| Related Certifications: | C14 Automobile Insurance – Part 1 C13 Insurance Against Liability – Part 1 C12 Insurance on Property |
| Real Exam Qty: | 100 |
| Certificate Validity Period: | Valid while CIP program requirements are met; no fixed expiry |
| Exam Price: | CAD 418 |
| Passing Score: | 60% (120/200 points) |
| Exam Duration: | 120 minutes |
| Exam Format: | Knowledge-based questions, Scenario-based questions, Multiple-choice questions |
| Recommended Training: | C11 Official Course Materials |
| Exam Registration: | Official Registration |
| Sample Questions: | IIC C11 Sample Questions |
| Exam Way: | Online proctored or in-person at authorized centres |
| Pre Condition: | None; recommended as first course in CIP program |
| Official Syllabus URL: | https://www.insuranceinstitute.ca/en/Courses/CIP/C11 |
IIC C11 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Insurance Industry Structure and Stakeholders | 15–20% | - Roles: underwriting, claims, reinsurance - Insurers, intermediaries, regulators - Legislation and regulation in Canada |
| Introduction to Insurance | 10–15% | - Basic concepts: risk, peril, hazard - Role of insurance in economy and society - Purpose and function of insurance |
| Risk Management and Application | 15–20% | - Risk identification, assessment, treatment - Ethics and professional conduct - Application of principles to personal and commercial contexts |
| Insurance Policy Structure and Provisions | 20–25% | - Policy components: declarations, insuring agreement, exclusions, conditions - Endorsements and modifications - Interpretation of policy wording |
| Legal Principles of Insurance | 20–25% | - Insurable interest, utmost good faith - Subrogation and contribution - Principle of indemnity - Contract law fundamentals |
IIC Principles and Practice of Insurance Sample Questions:
How are staff adjusters and independent adjusters similar?
- A. Neither is allowed to perform an investigation
- B. Neither has any limitation on their authority to settle claims
- C. Both are licensed only in Quebec and New Brunswick
- D. Both work on behalf of, and are paid by, the insurer
Correct Answer: D 🗳️
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A person applies for fire insurance on their house but fails to mention that in winter they leave the house unoccupied for two months while vacationing. What is this an example of?
- A. Negligence
- B. Discharge of contract
- C. Breach of warranty
- D. Non-disclosure
Correct Answer: D 🗳️
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Ivana is in an auto accident. The agreed market value of her vehicle is$17,000.
Her policy deductible is$1,500.
A wrecking company offers$3,000for the salvage.
Ivana chooses tokeep the salvage.
What amount will Ivana receive?
- A. $12,500
- B. $15,500
- C. $14,000
- D. $17,000
Correct Answer: A 🗳️
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Karl recently purchased a house in Winnipeg. Prior to the purchase he asked if the house had termites. The house was infested, but the seller falsely stated there were none. After signing the contract, Karl discovered the infestation. Which element makes the purchase contract voidable?
- A. Innocent misrepresentation
- B. Fraudulent misrepresentation
- C. Mistake about assumptions
- D. Undue influence
Correct Answer: B 🗳️
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Which legal term describes the time in which a claim may be brought by the policyholder?
- A. Non-waiver
- B. Release
- C. Waiver
- D. Prescription
Correct Answer: D 🗳️
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