Which of the following is NOT included among an insurer’s claim representatives?
Detailed Answer
C
2
Which of the following is NOT a reason that a court of law may find an insurer to be
guilty of bad faith claim settlement practices if it has denied payment of a claim?
Detailed Answer
D
3
Which of the following is NOT a reason why accurate premium audits are important to
the insurer?
Detailed Answer
A
4
Which of the following is NOT a reason why accurate premium audits are important to
the insurer?
Detailed Answer
A
5
Which of the following is NOT a reason why accurate premium audits are important to
the insurer?
Detailed Answer
A
6
Which of the following is NOT a reason why accurate premium audits are important to
the insurer?
Detailed Answer
A
7
Which of the following should a claim representative do when deciding how thoroughly
to investigate a claim?
Detailed Answer
A
8
Which of the following potential claimants does NOT have an insurable interest in
property damaged or destroyed by a covered cause of loss?
Detailed Answer
A
9
Which of the following causes of loss are common carriers liable for when a shipper’s
goods are damaged?
Detailed Answer
B
10
Betty Smith is an avid golfer. While teeing off at her golf club recently, she sliced her
shot and hit her golfing partner, Susan Jones, in the face causing Susan to suffer a
laceration, severe pain, and temporary loss of vision in one eye. Betty immediately
contacted her insurance agent, reported the mishap, and inquired about coverage under
her homeowners’ insurance policy. The agent in turn reported the claim to the insurance
company. In settling the claim, which step would NOT be followed by the insurer’s
representative?
