Chapter Seventeen Knowledge Check

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Question 1 of 5

1. Question
What organization is responsible for elevating the status of independent intermediaries by providing professional development and ethical standards?
- a) Alberta Insurance Council
- b) Insurance Institute of Canada
- c) Insurance Brokers Association of Canada
- d) Canadian Insurance Claims Managers Association
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Question 2 of 5

2. Question
Identify programs of study offered by the Insurance Institute of Canada and/or the Insurance Institutes of Northern and Southern Alberta.
- The programs of study are: Chartered Insurance Professional (CIP), Advanced Chartered Insurance Professional (ACIP), Fellow Chartered Insurance Professional (FCIP), Commercial Insurance Certificate, and licensing courses.
- The programs of study are: Chartered Insurance Professional (CIP), Advanced Chartered Insurance Professional Act (ACIPA), Fellow Chartered Insurance Professional Privacy Assurance (FCIPPA), Commercial Insurance Certificate, and licensing courses.
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Question 3 of 5

3. Question
Which of the following is NOT an activity in which the Insurance Bureau of Canada (IBC) is involved?
- a) Development of advisory model policy wordings for use by the industry
- b) Claims handling with a high standard of ethics and claims arbitration
- c) Insurance crime-related investigative services
- d) Advocating industry positions with consumers, government, members, and other stakeholders
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Question 4 of 5

4. Question
The administration of the Canadian Inter-Company Arbitration Agreement is provided by which of the following associations?
- a) Alberta Insurance Council
- b) Canadian Association of Direct Relationship Insurers
- c) Canadian Insurance Claims Managers Association
- d) Insurance Brokers Association of Canada
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Question 5 of 5

5. Question
Which of the following is NOT a representative insurance company of the Canadian Association of Direct Relationship Insurers?
- a) Intact Insurance
- b) belairdirect
- c) Co-operators
- d) Allstate
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Chapter Seventeen Knowledge Check

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