AIC 304 ACTUAL EXAM SCRIPT 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉In a property loss, statements may be taken from the insured and
any witnesses to establish the extent of the loss, the cause of the
loss, and the property's
Select one:
A. Ownership.
B. Size.
C. Age.
D. Jurisdiction.. Answer: A. Ownership.
◉Public adjusters are most often involved in
Select one:
A. Water damage claims.
,B. Workers' compensation claims.
C. Fire claims.
D. Liability claims.. Answer: C. Fire claims.
◉One aspect of claims handling that becomes especially difficult in a
catastrophic loss is
Select one:
A. Determining whether coverage applies.
B. Communicating with insureds.
C. Accurately estimating damages.
D. Issuing denials of coverage.. Answer: B. Communicating with
insureds.
◉An individual who stands to suffer a monetary loss if a given
property were damaged, destroyed, lost, or stolen is said to have
Select one:
,A. An insurable interest in the property.
B. Right of first refusal to a claim on the property.
C. A claim on the property.
D. Indemnification in the property.. Answer: A. An insurable interest
in the property.
◉To identify affected areas and every insured in those areas
immediately following a catastrophe, insurers will typically
Select one:
A. Engage independent adjusters.
B. Gather details from online news reporting.
C. Survey insureds electronically or by phone.
D. Deploy an initial survey team.. Answer: D. Deploy an initial survey
team.
, ◉Which one of the following terms describes an outside person or
organization hired by an insured to represent the insured in a claim
settlement?
Select one:
A. Freelance claims representative
B. Private adjuster
C. Independent claims representative
D. Public adjuster. Answer: D. Public adjuster
◉Property owners who purchase an insurance policy should be
listed on the policy as
Select one:
A. Bailees.
B. Beneficiaries.
QUESTIONS WITH SOLUTIONS GRADED A+
◉In a property loss, statements may be taken from the insured and
any witnesses to establish the extent of the loss, the cause of the
loss, and the property's
Select one:
A. Ownership.
B. Size.
C. Age.
D. Jurisdiction.. Answer: A. Ownership.
◉Public adjusters are most often involved in
Select one:
A. Water damage claims.
,B. Workers' compensation claims.
C. Fire claims.
D. Liability claims.. Answer: C. Fire claims.
◉One aspect of claims handling that becomes especially difficult in a
catastrophic loss is
Select one:
A. Determining whether coverage applies.
B. Communicating with insureds.
C. Accurately estimating damages.
D. Issuing denials of coverage.. Answer: B. Communicating with
insureds.
◉An individual who stands to suffer a monetary loss if a given
property were damaged, destroyed, lost, or stolen is said to have
Select one:
,A. An insurable interest in the property.
B. Right of first refusal to a claim on the property.
C. A claim on the property.
D. Indemnification in the property.. Answer: A. An insurable interest
in the property.
◉To identify affected areas and every insured in those areas
immediately following a catastrophe, insurers will typically
Select one:
A. Engage independent adjusters.
B. Gather details from online news reporting.
C. Survey insureds electronically or by phone.
D. Deploy an initial survey team.. Answer: D. Deploy an initial survey
team.
, ◉Which one of the following terms describes an outside person or
organization hired by an insured to represent the insured in a claim
settlement?
Select one:
A. Freelance claims representative
B. Private adjuster
C. Independent claims representative
D. Public adjuster. Answer: D. Public adjuster
◉Property owners who purchase an insurance policy should be
listed on the policy as
Select one:
A. Bailees.
B. Beneficiaries.
