AIC 300 questions with 100% Correct
Solutions
As a claims representative, Joshua frequently requests proofs of loss and affidavits, and
conducts examinations under oath and recorded statements. Which one of Joshua's
sworn statements is administered by the insurer's attorney at the office of the...
,AIC 300 questions with 100% Correct
Solutions
As a claims representative, Joshua frequently requests proofs of loss and affidavits, and
conducts examinations under oath and recorded statements. Which one of Joshua's
sworn statements is administered by the insurer's attorney at the office of the insurer,
attorney, or court reporter?
A. Affadivit
B. Recorded statement
C. Proof of loss
D. Examination under oath - Answer✔️✔️-D. Examination under oath
Examination under oath is administered by the attorney for the insurer after notice is
issued to appear at the office of the insurer, attorney, or court reporter.
Which one of the following can be applied over time to refine a model to better predict
results?
A. Regression
B. Association rule learning
C. Machine learning
D. Statistics - Answer✔️✔️-C. Machine learning
Machine learning can be applied over time to refine a model to better predict results.
Conor is a claims representative whose supervisor is reviewing his claim status notes.
The supervisor took exception with one of Conor's notes, which read, "The claimant is
obviously lying because his account of how the accident happened keeps changing."
Page 1 of 21
, The supervisor should advise Conor that this statement is inappropriate because it is
not:
A. Objective
B. Concise
C. Accurate
D. Clear - Answer✔️✔️-A. Objective
Claim status notes should contain objective comments about the parties, and this
statement is subjective.
Leila is conducting a claims investigation and is taking a recorded statement from the
claimant. She wants a simple yes-or-no answer to prevent the interviewee from
explaining the answer further. She asks, "You experienced back pain immediately when
you lifted the box, didn't you?" Leila has asked a(n)
A. Direct Question
B. Leading Question
C. Open-Ended Question
D. Indirect Question - Answer✔️✔️-B. Leading Question
The NAIC model act specifies that its provisions regarding bad-faith claims are to be
enforced by
A. NAIC personnel.
B. Insurer personnel, on the honor system.
C. State insurance departments.
D. The Federal Trade Commission. - Answer✔️✔️-C. State insurance departments.
Page 2 of 21
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