Chartered Insurance Professional - CIP Student Resource Centre. Study Notes, Job Search, Past Exams, and more! - Courses

Learn Insurance•net

CIP resources for the insurance professional.

COURSE CONTENTS AREA

In this section, you will be able to find study notes on each listed course.

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C11

Principles & Practices

Chapter Outlines:

Risk and insurance
History and functions of insurance
Ratemaking, underwriting, and rating
The insurer
Insurance distribution and insurance intermediaries
The law and the judicial system
The law of contract: common law and the Civil Code of Québec
The insurance contract
Insurance documents and processes
Adjusters and the claims process
Reinsurance
Insurance organizations
The customer

Study Notes:

Past Exams:

Thank you to Ms. Tomines for contributing the study notes.

C12

Insurance on Property (Part 1)

Chapter Outlines:

Fire insurance
Statutory conditions (common law provinces)
General conditions (Québec)
Fire insurance contracts--clauses, limitations
Broadening the contract--additional principles and perils
The Residential Basic Form
The package policy concept
Various residential policies
Additional coverages

Past Exams:

C13

Insurance Against Liability (Part 1)

Chapter Outlines:

Introduction to liability insurance
Canadian law
General concepts of liability
Common law
Québec Civil Code
Products liability and its effects
Liability policies
Measuring underwriting exposure

Past Exams:

C14

Automobile Insurance (Part 1)

Chapter Outlines:

Introduction and development of automobile insurance
Legal concepts
No-fault concepts
Applications for automobile insurance
Third-party liability
Accident benefits
Loss of or damage to the insured automobile
Uninsured motorist coverage
General provisions, definitions and exclusions
Statutory conditions or Québec policy conditions
Endorsements
Underwriting
Automobile insurance rate-making
Industry programs for insurance availability
Outline of coverages in all provinces other than the student's province of residence

Study Notes:

Past Exams:

Thank you to Mr. Lee-Choo for contributing the study notes.

C16

The Business of Insurance

Chapter Outlines:

Insurance and society
Structure of the insurance industry
Marketing
Pricing the insurance service; financial concepts
The dynamics of the insurance marketplace
Regulation; Solvency and Capacity
Financial management
Financial analysis
Managing the enterprise
Ethics, education and excellence

Past Exams:

C110

Essentials of Loss Adjusting

Chapter Outlines:

Introduction and development of automobile insurance
Introduction to Claims
Corporate and legal environments
Analyzing the Policy Contract
Making Contact with the Customer
Investigation, Evaluation, Negotiation and Settlement
Automobile, Property and Liability Claims

Past Exams:

C111

Advanced Loss Adjusting

Past Exams:

C112

Practical Issues in Claims Management

Past Exams:

C120

Underwriting Essentials

Chapter Outlines:

Introduction to Underwriting
Underwriting the Risk: Overview
Underwriting the Applicant
Underwriting the Risk: Property
Underwriting the Risk: Liability
Underwriting the Risk: Automobile
Pricing the Risk
Underwriting Relationships
The Underwriting Environment
The Underwriting Temperament

Study Notes:

Test Questions:

Past Exams:

C121

Advanced Underwriting

Chapter Outlines:

The Experienced Underwriter
Underwriting Specialty Lines—Part 1
Underwriting Specialty Lines—Part 2
Needs Analysis
Loss Analysis and Rating
The Influence of the Law and Government
Manuscript Wordings
Alternative Risk Transfer
International Business
Retention and Reinsurance

Past Exams:

C122

Practical Issues in Underwriting Management

Past Exams:

C130

Essential Skills for the Broker and Agent

Chapter Outlines:

The Role of Insurance Intermediary
Overview of Broker "Soft" Skills
Practical Risk Analysis
Completing the Application
From Binder to Policy
Analyzing Risks and Coverages: Property
Analyzing Risks and Coverages: Automobile
Analyzing Risks and Coverages: Liability
Overview of Common Insurance Transactions
Broker’s Role in Claims Process

Past Exams:

C131

Advanced Skills for the Broker and Agent

Chapter Outlines:

Introduction to Risk Management
Exposure Identification and Analysis
Marketing Strategies and Market Comparison
Case Studies and Coverage Analysis: Commercial Automobile
Case Studies and Coverage Analysis: Commercial Liability
Case Studies and Coverage Analysis: Specialty Covers
Manuscript Wordings
International Sales
Client Service and Communications

Past Exams:

C132

Practical Issues in Broker Management

Past Exams:

C39

Fraud Awareness and Prevention

Chapter Outlines:

Introduction to risk management
Exposure identification and analysis
Case studies
Property insurance
Liability insurance
Business interruption insurance
Package policies--an overview

Study Notes:

Thank you to Mr. Lee-Choo for contributing the study notes.

C72

Intro to Risk Management and Commercial Lines Insurance

Chapter Outlines:

The cost of insurance fraud
Some definitions, defences and the law
New business and renewals
Property, automobile and liability claims
Organizations and initiatives against insurance fraud
Ethics awareness

Study Notes: