AIC 301 - final exam
Exam Coverage
The exam coverage includes the core principles of insurance claims
handling assessed in AIC 301 - Introduction to Claims Final Exam,
offered by The Institutes. It focuses on the claims process from first
notice of loss through resolution, including investigation,
documentation, evaluation, and settlement procedures. The exam also
evaluates understanding of insurance policy interpretation, liability,
subrogation, legal and ethical considerations, and communication with
claimants and other stakeholders. Emphasis is placed on applying best
practices in claims management, ensuring compliance with policy
provisions, and delivering fair and efficient claim outcomes.
,The act of leaving a dangerous article such as a gun or car with a
person who the lender knows, or should know, is likely to use it in an
unreasonably risky manner is known as
Select one:
A. Negligent entrustment.
B. Contributory negligence.
C. Negligent supervision.
D. The dangerous instrumentality doctrine.
A. Negligent entrustment.
,There was a large unmarked sinkhole on Charlotte's property, a short
distance from a public road. One evening, a police officer chased a
mugger off the road and onto Charlotte's property. Both the officer
and the mugger fell into the hole and were injured. Which one of the
following best answers whether Charlotte is liable for the injuries to
the police officer and/or to the mugger?
Select one:
A. Charlotte is not liable to either the officer or the mugger, because
occupiers of land have no duty to correct defects abutting sidewalks
or streets.
B. Charlotte is liable to both the officer and the mugger, because she
had a duty to avoid endangering travelers with an unguarded ditch.
C. Charlotte is not liable to the officer or the mugger, because they
were both trespassers on her property.
D. Charlotte is liable to the officer for the unguarded ditch, because
the officer was a licensee, but she is not liable to the tres
, D. Charlotte is liable to the officer for the unguarded ditch, because
the officer was a licensee, but she is not liable to the trespassing
mugger.
Exam Coverage
The exam coverage includes the core principles of insurance claims
handling assessed in AIC 301 - Introduction to Claims Final Exam,
offered by The Institutes. It focuses on the claims process from first
notice of loss through resolution, including investigation,
documentation, evaluation, and settlement procedures. The exam also
evaluates understanding of insurance policy interpretation, liability,
subrogation, legal and ethical considerations, and communication with
claimants and other stakeholders. Emphasis is placed on applying best
practices in claims management, ensuring compliance with policy
provisions, and delivering fair and efficient claim outcomes.
,The act of leaving a dangerous article such as a gun or car with a
person who the lender knows, or should know, is likely to use it in an
unreasonably risky manner is known as
Select one:
A. Negligent entrustment.
B. Contributory negligence.
C. Negligent supervision.
D. The dangerous instrumentality doctrine.
A. Negligent entrustment.
,There was a large unmarked sinkhole on Charlotte's property, a short
distance from a public road. One evening, a police officer chased a
mugger off the road and onto Charlotte's property. Both the officer
and the mugger fell into the hole and were injured. Which one of the
following best answers whether Charlotte is liable for the injuries to
the police officer and/or to the mugger?
Select one:
A. Charlotte is not liable to either the officer or the mugger, because
occupiers of land have no duty to correct defects abutting sidewalks
or streets.
B. Charlotte is liable to both the officer and the mugger, because she
had a duty to avoid endangering travelers with an unguarded ditch.
C. Charlotte is not liable to the officer or the mugger, because they
were both trespassers on her property.
D. Charlotte is liable to the officer for the unguarded ditch, because
the officer was a licensee, but she is not liable to the tres
, D. Charlotte is liable to the officer for the unguarded ditch, because
the officer was a licensee, but she is not liable to the trespassing
mugger.
