Aic 30 - Study guides, Class notes & Summaries

AIC 300 - Claims in an Evolving World Questions and Answers Already Passed Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of communication evolve, it's important for claims...

AIC 300 Claims in an Evolving World Questions and Answers Solved 100%Correct!! 1. Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail.: B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. 2. As methods of communication evolve, it's important for c...

Although most policies are occurrence forms, covering claims that occur during the policy period, some are claims-made forms. Which one of the following types of loss is most likely to involve a claims-made form? Select one: A. An automotive collision claim. B. A homeowners liability claim due to a slip and fall. C. A homeowners claim due to storm damage. D. A medical malpractice claim. - D. A medical malpractice claim. Claims-made forms are most often used for environmental, medical mal...

AIC 302 Exam Questions & Answers 2024/2025 First-party claim - ANSWERSA demand by an insured person or organization seeking to recover from its insurer for a loss that its insurance policy may cover. Third-party claim - ANSWERSA demand against an insured by a person or organization other than the insured or the insurer, seeking to recover damages that may be payable by the insured's liability insurance. Negligence - ANSWERSThe failure to exercise the degree of care that a reaso...

The claim representative received a letter from an insured claiming damage to his property under a homeowners policy. Which one of the following statements about the letter is true? Select one: A. This can be an actual loss notice only if it contains all of the information concerning the loss and its causes. B. This is an actual loss notice because losses can be reported by mail. C. This is not an actual loss notice because the producer must submit an special form by mail, e-mail or fax. D....

AIC 30: 7-9 Practice Exam Questions With 100% Correct Answers Boulwarism, as a claim negotiation technique, - answerInvites conflict and prevents collaboration. Fatima is dealing with a fire claim submitted by Jessica. Claim negotiations are about to begin. Fatima is determined to settle the claim as quickly as possible, no matter what Jessica has to say. What negotiating style is Fatima going to use? - answerLose-lose What styles of negotiation is best used when it is highly likely that ...

AIC 300 Claims in an Evolving World Test Questions with Correct Answers Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. - Answer-B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. As methods of communication evolve, it's important for ...

AIC 300: Claims in an Evolving World Questions and Answers

Texas All Lines Adjuster Laws & Regulation exam 2023. 1. All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who have a certificate of completion showing that within the past 12 months the applicant has completed a certified adjuster prelicensing ...

AIC 300 - Claims in an Evolving World Questions With Complete Solutions.