RIBO C131
C131 is the second Insurance Institute course on the RIBO Level 2 path, taken with C130. It covers commercial insurance, risk management, commercial property and liability, and coverage for contractors and manufacturers. The 3-hour exam mixes multiple-choice and case-based written questions; you need 55% on the exam and 60% overall.
Official exam: CIP C131 Advanced Skills for the Insurance Broker and Agent — RIBO Level 2 Pathway, by Insurance Institute of Canada (CIP course exam).
The real exam
What the exam body publishes. Checked 2026-10-17.
| Time | 180 minutes |
|---|---|
| Pass mark | 55% on the final exam (110/200) AND 60% overall course grade (180/300) (official) |
| Delivery | Online with virtual proctoring, or in person at an Insurance Institute exam centre (subject to availability) |
| Attempts | A failed course can be rewritten in the next exam session; the rewrite grade is based on the rewrite exam score only. |
| Language | English, French |
What the exam covers
- Introduction to commercial insurance
- Risk management process and analysing exposures
- Building, monitoring and updating the insurance plan
- Commercial property coverages
- Commercial liability
- Automobile, crime and bonds
- Manufacturers, distributors and freight forwarders
- Contractors and builders' risk
Sample questions
In our own words, from this exam area. Try five more on the home page.
Under Ontario's Insurance Act, what is the lowest third-party liability limit an auto policy may carry for any one accident?
- $200,000
- $100,000
- $500,000
- $1,000,000
Show the answer
A. The Act sets $200,000 as the floor, not counting interest and costs.
Two insured cars collide in Ontario and the DCPD rules apply. Who pays for the damage to each driver's own car?
- Each driver's own insurer, based on how much its driver was at fault
- The insurer of the driver who was more at fault pays for both cars
- Each driver sues the other driver in court
- A government fund pays for both cars
Show the answer
A. Recovery is from your own insurer, as if you were a third party, using the fault rules.
Questions about RIBO-C131
Is this the real Insurance Institute of Canada exam?
No. This is practice built to the published format of the official exam. The real exam is run by Insurance Institute of Canada (CIP course exam).
What is the pass mark?
55% on the final exam (110/200) AND 60% overall course grade (180/300) (official)
How long do I have access?
[ACCESS LENGTH]. Ask on WhatsApp and we confirm it before you pay.
When does it open?
Tap "Notify me when it opens" and we message you as soon as this course is ready.