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Updated: Sep 26, 2026

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IIC C11 Exam Overview:

Certification Vendor:Chartered Insurance Institute (CII)
Exam Name:Principles of Insurance (C11)
Exam Number:C11
Related Certifications:Diploma in Insurance (Dip CII)
Cert CII
Exam Format:Computer-based exam, Multiple-choice questions
Certificate Validity Period:No expiry once passed (qualification credits do not expire)
Exam Duration:120 minutes
Exam Price:Approx. £100–£200 (varies by region and test provider)
Passing Score:70%
Available Languages:English
Real Exam Qty:Typically 100 multiple-choice questions
Recommended Training:CII Official Study Resources
CII Revision Courses
Exam Registration:Chartered Insurance Institute Exam Registration
Sample Questions:IIC C11 Sample Questions
Exam Way:Computer-based exam at authorized test centers or online proctored options (availability varies by region)
Pre Condition:No formal prerequisites required; recommended for entry-level insurance learners.
Official Syllabus URL:https://www.ciigroup.org

IIC C11 Exam Syllabus Topics:

SectionObjectives
Topic 1: Legal Principles of Insurance- Contract Law Basics
  • 1. Formation of insurance contracts
    • 2. Utmost good faith principle
      - Insurable Interest and Indemnity
      • 1. Insurable interest requirements
        • 2. Principle of indemnity and application
          Topic 2: Insurance Practice- Claims Handling
          • 1. Fraud detection and prevention
            • 2. Claims process stages
              - Underwriting and Pricing
              • 1. Premium calculation principles
                • 2. Risk assessment methods
                  Topic 3: Insurance Principles- Insurance Market Structure
                  • 1. Regulatory environment overview
                    • 2. Roles of insurers, brokers, and intermediaries
                      - Fundamentals of Insurance
                      • 1. Nature and purpose of insurance
                        • 2. Risk concepts and risk pooling

                          IIC Principles and Practice of Insurance Sample Questions:

                          Question #1

                          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. $14,000
                          • C. $17,000
                          • D. $15,500
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

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                          Question #2

                          Who has authority from a company to manage that company's business within their territory, to appoint other agents, and to settle claims?

                          • A. Analyst
                          • B. General agent
                          • C. Wholesaler
                          • D. Operating agent
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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                          Question #3

                          Which risk could be insured bychattel coverage?

                          • A. Errors and omissions for a lawyer's office
                          • B. A mobile home belonging to a family
                          • C. A half-court shot contest at a basketball game
                          • D. Trip cancellation for a honeymoon
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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                          Question #4

                          Which scenario is an example of insurable interest?

                          • A. An employee's interest in the life insurance policy of a fellow employee
                          • B. The interest an insurance company earns on its premiums
                          • C. An employer's interest in the life of their employee
                          • D. The interest an underwriter has in writing profitable business
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

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                          Question #5

                          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. Fraudulent misrepresentation
                          • B. Undue influence
                          • C. Innocent misrepresentation
                          • D. Mistake about assumptions
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

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