IIC Advanced Skills for the Insurance Broker and Agent C131 Prüfungsfragen mit Lösungen:

1. Insurance premiums on automobile fleet policies are based on which factor?

A) Original purchase price of all vehicles in the fleet
B) Overall experience of all drivers
C) Mechanical condition of a vehicle from one particular fleet
D) Driving record of the individual drivers

2. Which clause is a refusal to accept liability for damages that might occur?

A) Hold harmless agreement
B) Disclaimer
C) Indemnity provision
D) Risk retainer

3. Valuable information about the principals of a prospect's company, the products and services the company sells, and other financial data could be found by reviewing which source?

A) D & B reports
B) Best's Underwriting Guide
C) The prospect's property appraisal
D) The prospect's website

4. Which phrase will best help an intermediary close a sale, after presenting the proposal to a client?

A) "Do you have any objections?"
B) "Which day would you like the payment plan to start?"
C) "How does our proposal compare to your current coverage?"
D) "Would you like to insure with our company?"

5. Annette, a new broker, is completing a wrap-up liability insurance application for a condominium development. Before finalizing the application, she asks a coworker to review it. Her coworker advises Annette that she has missed an important detail. What detail did Annette likely miss?

A) The architect needs to be named as the primary insured on the policy.
B) The project owner must provide evidence of separate liability coverage to qualify for the policy.
C) The application must include information about the construction of the parking garage.
D) The application needs to list all condominium developments currently under construction by the general contractor.

Fragen und Antworten: