AIC 302 SIMULATED EXAM 2025/2026 ACTUAL
COMPREHENSIVE REAL EXAM QUESTIONS AND
VERIFIED ACCURATE SOLUTION ( CORRECT
DETAILED & ELABORATED) |GET IT 100%
ACCURATE!! 2025 TEST!!
Pete's car is stopped at a red light behind Cindy's car. Tony
fails to stop for the red light, and his car his Pete's car which is
then pushed into Cindy's car. Cindy is injured and all of the
cars are damaged. Under joint and several liability, which one
of the following statements is correct? - ANSWER-Tony is the
lone tortfeasor.
There are no joint tortfeasors.
James Industries is insured by the Business Auto Coverage
Form. The auto policy includes the Medical Payments
endorsement with a $10,000 limit. Lisa, one of the executives at
James Industries, is provided with a private passenger vehicle
for business and personal use. She was in a multi-car accident
while driving three clients from the airport to a meeting at the
office. Two of the passengers were injured, one with medical
,expenses of $4,500 and the other $9,000. Lisa also suffered a
minor injury with medical expenses of $3,500. How much will
the insurer for James Industries pay under the Medical
Payments endorsement? - ANSWER-The insure will pay
$13,500 ($4,500 + $9,000) under the Medical Payments
endorsement regardless of fault. The $10,000 limit applies per
person and coverage is excluded for employees injured in the
course of employment.
Kevin was driving to work when another car, driven by Jack,
ran a red light and struck his car. Kevin was seriously injured
and out of work for a month. It was determined that Jack was
the at-fault driver, but the Part A-Liability limit on his personal
auto policy (PAP) was below the minimum limits required by
the state. Kevin decided to collect the lower liability payment
under Jack's policy, and then collect the remaining
expenses under Part C-Uninsured Motorists of his own PAP.
Which one of the following UM exclusions could apply in this
situation? - ANSWER-Claim Settlement That Prejudices
Insurer's Right of
Recovery
Kevin's PAP insurer could apply the Claim Settlement That
Prejudices Insurer's Right of Recovery exclusion. By accepting
a settlement with Jack, Kevin could limit his insurer's rights of
recovering payments from Jack.
, Laura was injured in an auto accident due to the fault of the
other driver. Her
injury will involve permanent impairment and will decrease
her opportunity to
earn a living. She has incurred medical expenses and will
continue to experience pain and suffering. Which one of
Laura's damages is considered a natural and necessary result
of her bodily injury? - ANSWER-Pain and suffering are
considered a "natural and necessary" result of a claimant's
bodily injury. A claimant is entitled to recover for pain and
suffering from an injury caused by the tortfeasor.
Aaron is a claims representative who has completed an
investigation of a bodily injury claim. Throughout the process,
he gathered injury information and documents; monitored and
updated the plan; assessed treatment, disability, and
impairment; and analyzed records and reports. The first step in
Aaron's investigation was to - ANSWER-Gather injury
information and documents. This is the first of four steps in the
bodily injury investigation process.
Which one of the following best defines an advance
payment? - ANSWER-A
COMPREHENSIVE REAL EXAM QUESTIONS AND
VERIFIED ACCURATE SOLUTION ( CORRECT
DETAILED & ELABORATED) |GET IT 100%
ACCURATE!! 2025 TEST!!
Pete's car is stopped at a red light behind Cindy's car. Tony
fails to stop for the red light, and his car his Pete's car which is
then pushed into Cindy's car. Cindy is injured and all of the
cars are damaged. Under joint and several liability, which one
of the following statements is correct? - ANSWER-Tony is the
lone tortfeasor.
There are no joint tortfeasors.
James Industries is insured by the Business Auto Coverage
Form. The auto policy includes the Medical Payments
endorsement with a $10,000 limit. Lisa, one of the executives at
James Industries, is provided with a private passenger vehicle
for business and personal use. She was in a multi-car accident
while driving three clients from the airport to a meeting at the
office. Two of the passengers were injured, one with medical
,expenses of $4,500 and the other $9,000. Lisa also suffered a
minor injury with medical expenses of $3,500. How much will
the insurer for James Industries pay under the Medical
Payments endorsement? - ANSWER-The insure will pay
$13,500 ($4,500 + $9,000) under the Medical Payments
endorsement regardless of fault. The $10,000 limit applies per
person and coverage is excluded for employees injured in the
course of employment.
Kevin was driving to work when another car, driven by Jack,
ran a red light and struck his car. Kevin was seriously injured
and out of work for a month. It was determined that Jack was
the at-fault driver, but the Part A-Liability limit on his personal
auto policy (PAP) was below the minimum limits required by
the state. Kevin decided to collect the lower liability payment
under Jack's policy, and then collect the remaining
expenses under Part C-Uninsured Motorists of his own PAP.
Which one of the following UM exclusions could apply in this
situation? - ANSWER-Claim Settlement That Prejudices
Insurer's Right of
Recovery
Kevin's PAP insurer could apply the Claim Settlement That
Prejudices Insurer's Right of Recovery exclusion. By accepting
a settlement with Jack, Kevin could limit his insurer's rights of
recovering payments from Jack.
, Laura was injured in an auto accident due to the fault of the
other driver. Her
injury will involve permanent impairment and will decrease
her opportunity to
earn a living. She has incurred medical expenses and will
continue to experience pain and suffering. Which one of
Laura's damages is considered a natural and necessary result
of her bodily injury? - ANSWER-Pain and suffering are
considered a "natural and necessary" result of a claimant's
bodily injury. A claimant is entitled to recover for pain and
suffering from an injury caused by the tortfeasor.
Aaron is a claims representative who has completed an
investigation of a bodily injury claim. Throughout the process,
he gathered injury information and documents; monitored and
updated the plan; assessed treatment, disability, and
impairment; and analyzed records and reports. The first step in
Aaron's investigation was to - ANSWER-Gather injury
information and documents. This is the first of four steps in the
bodily injury investigation process.
Which one of the following best defines an advance
payment? - ANSWER-A
