최신IIC Essential Skills for the Insurance Broker and Agent - C130무료샘플문제
문제1
W & A Insurers Inc. has a capacity of $30 million for any single property risk. It also has a reinsurance agreement with Tri-insurance Inc. for an additional $40 million. A broker approaches W & A Insurers Inc.
with a request to write a low-hazard $37 million liability risk. What is the insurer's retention if it accepts and reinsures the risk?
W & A Insurers Inc. has a capacity of $30 million for any single property risk. It also has a reinsurance agreement with Tri-insurance Inc. for an additional $40 million. A broker approaches W & A Insurers Inc.
with a request to write a low-hazard $37 million liability risk. What is the insurer's retention if it accepts and reinsures the risk?
정답: D
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문제2
To protect themselves against claims that arise long after the policy expiration date, a broker should retain a permanent copy of which policy?
To protect themselves against claims that arise long after the policy expiration date, a broker should retain a permanent copy of which policy?
정답: C
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문제3
What should the intermediary do if the person reporting the claim is not named on the insurance policy?
What should the intermediary do if the person reporting the claim is not named on the insurance policy?
정답: A
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문제4
In provinces with a graduated licensing system for intermediaries, what must the licensee achieve in order to write the next level of examination?
In provinces with a graduated licensing system for intermediaries, what must the licensee achieve in order to write the next level of examination?
정답: C
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문제5
Insurance is based on the existence of which factor?
Insurance is based on the existence of which factor?
정답: D
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문제6
A commercial general liability policy has an aggregate limit of $1,000,000. During the current term, the insurer has already paid for three liability claims: one for $100,000, a second for $500,000, and a third for
$300,000. How much will the insurer pay if a new claim of $300,000 is submitted?
A commercial general liability policy has an aggregate limit of $1,000,000. During the current term, the insurer has already paid for three liability claims: one for $100,000, a second for $500,000, and a third for
$300,000. How much will the insurer pay if a new claim of $300,000 is submitted?
정답: D
설명: (KoreaDumps 회원만 볼 수 있음)
문제7
Which is an example of an indirect loss?
Which is an example of an indirect loss?
정답: C
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문제8
In law, what does the term prescription mean?
In law, what does the term prescription mean?
정답: A
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