最新的IIC Principles and Practice of Insurance - C11免費考試真題

A. Record preliminary information and ask further details

B. Verify the independent adjuster's report has no errors

C. Advise the insured the policy covers the loss, if he confirms it

D. Advise an underwriter the policy requires a premium increase at renewal

A. To minimize industry indemnifications

B. To maximize industry profits

C. To maximize insurers' returns on investments

D. To minimize insurers' investment loss exposures

A. $6,500

B. $4,500

C. $5,000

D. $3,200

A. Many clients have added endorsements to their policies

B. Lack of profit-sharing commissions earned

C. Poor handling of its accounts receivable

D. Premiums were discounted when policyholders paid in full

A. The understanding of weather patterns to aid all citizens in predicting weather

B. The pooling of funds by all members of society to deal with the predicted cost of a large-scale natural disaster

C. The building of resilient communities through cost-effective techniques that enable structures to withstand severe weather or earthquakes

D. The development of mandatory evacuation procedures in the event of any moderate weather changes

A. A doctor providing malpractice-covered services

B. A manufacturer accepting shipping risks that are insured

C. A bank issuing a mortgage on an insured building

D. A developer advancing funds to a building contractor for a guaranteed project

A. Exclusive agent

B. Underwriter

C. Broker

D. Independent adjuster

A. Chattel

B. Standard

C. Treaty

D. Manuscript

A. Denis and Cathy

B. Simone and Alan

C. Denis and Simone

D. Alan and Cathy

A. Neither has any limitation on their authority to settle claims

B. Neither is allowed to perform an investigation

C. Both work on behalf of, and are paid by, the insurer

D. Both are licensed only in Quebec and New Brunswick