C130 - Chapter 1 - The Insurance
Intermediary 2025/2026 Exam Questions
and Answers | 100% Pass
An example of a hard skills is - 🧠 ANSWER ✔✔technical skill
Bottomry is the practice of - 🧠 ANSWER ✔✔a type of loan extended by a
moneylender to an owner of goods or ships in transit between ports
a line guide is - 🧠 ANSWER ✔✔
General insurance is referred to as ? - 🧠 ANSWER ✔✔Property and
casualty insurance
A client wants terrorism insurance for his hotel; however, the insurance
companies that the broker deals with do not provide such coverage. The
broker can obtain such coverage from? - 🧠 ANSWER ✔✔Whole sale
brokers who specialize in non-standard or difficult to place risks
Material information disclosed to a broke or agent by a client is deemed to
be? - 🧠 ANSWER ✔✔knowledge of the insurer
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, As an insurance professional, your role throughout the interaction with your
client is? - 🧠 ANSWER ✔✔Contact person, insurance adviser, sales
person, and service advisor
Utmost good faith is? - 🧠 ANSWER ✔✔is a a legal principle that requires
the inured t give honest information about the risk, and is a legal principle
that requires all people involved in an insurance contract to at with the
highest ethical standard.
Define Errors and Omissions (E&O) - 🧠 ANSWER ✔✔Error is doing
something wrong, omission is not doing something you should have done.
Describe the best defence against E&O - 🧠 ANSWER ✔✔Documentation;
always keep a record in your file detailing whom you talked to, the date the
discussion took place, what you talked about, and the subsequent actions
the you have taken.
Communication; Communicate clearly with your clients what you will do on
their behalf and confirm actions taken. Provide your insurers with prompt,
complete instructions and information. Act within the scope of your
authority and competence.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Intermediary 2025/2026 Exam Questions
and Answers | 100% Pass
An example of a hard skills is - 🧠 ANSWER ✔✔technical skill
Bottomry is the practice of - 🧠 ANSWER ✔✔a type of loan extended by a
moneylender to an owner of goods or ships in transit between ports
a line guide is - 🧠 ANSWER ✔✔
General insurance is referred to as ? - 🧠 ANSWER ✔✔Property and
casualty insurance
A client wants terrorism insurance for his hotel; however, the insurance
companies that the broker deals with do not provide such coverage. The
broker can obtain such coverage from? - 🧠 ANSWER ✔✔Whole sale
brokers who specialize in non-standard or difficult to place risks
Material information disclosed to a broke or agent by a client is deemed to
be? - 🧠 ANSWER ✔✔knowledge of the insurer
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, As an insurance professional, your role throughout the interaction with your
client is? - 🧠 ANSWER ✔✔Contact person, insurance adviser, sales
person, and service advisor
Utmost good faith is? - 🧠 ANSWER ✔✔is a a legal principle that requires
the inured t give honest information about the risk, and is a legal principle
that requires all people involved in an insurance contract to at with the
highest ethical standard.
Define Errors and Omissions (E&O) - 🧠 ANSWER ✔✔Error is doing
something wrong, omission is not doing something you should have done.
Describe the best defence against E&O - 🧠 ANSWER ✔✔Documentation;
always keep a record in your file detailing whom you talked to, the date the
discussion took place, what you talked about, and the subsequent actions
the you have taken.
Communication; Communicate clearly with your clients what you will do on
their behalf and confirm actions taken. Provide your insurers with prompt,
complete instructions and information. Act within the scope of your
authority and competence.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
