CPCU Ethics Ques ons and answers Newest RATED A+
2025/2026 NEW!!
Greater North American Insurance Company appoints a panel of managers from a variety of
departments to review and assess the company's ethics. Which one of the following statements
regarding business ethics is correct?
Ethics apply when a law is not applicable.
Anil is a new customer service representa!ve in a busy insurance company sales department. In
training, he is finding that his employer greatly values ac!ng professionally at all !mes. Anil
should learn that
Business ethics entail doing what is right in the context of products and services and
rela!onships with stakeholders.
Managers at Greater North American Insurance Company must deal with ethical conflicts on a
regular basis. Ethical conflicts frequently arise because of
The inherent needs of different par!es.
Which one of the following situa!ons primarily represents a moral, as opposed to legal or
ethical, failure?
An applicant misrepresents previous work experience to land a posi!on.
Which one of the following statements concerning laws is true?
Laws impose a sense of societal decency and order.
Underwriter Jessica is confronted with an ethical issue involving an applicant. She wants to
handle it ethically. She should remember that ethical behavior is primarily based on
Reasoned considera!on of all issues surrounding a conflict.
The claims representa!ves at Insurance Company are taking an ethics course where they are
learning about handling moral, ethical, and legal issues that may be encountered in their
profession. Morals are
A process by which decisions are made between right and wrong.
Suzie is a trainer at an insurer who is conduc!ng a class on ethics. Which one of the following
statements is correct concerning what she needs to impress upon her students?
Ethics entail knowing what to do when a situa!on presents more than one "right" answer.
, Which one of the following best describes business ethics?
Business ethics are, in reality, applied ethics.
Greater North American Insurance Company encounters a recurring claims situa!on in which it
can choose to pay out either of two different amounts for any given situa!on, depending on the
interpreta!on of the claim. There are no regula!ons that directly address the issue. The policy
they choose to formulate will be primarily based on which one of the following?
Ethics
The sales team at Local Insurance Company receives periodic training on insurance laws and
regula!ons. Which one of the following statements is correct regarding what the sales team
needs to realize?
Laws specify right and wrong behavior and are important to orderly behavior.
Sadie, a new claims adjuster, was on the job just two months when she recognized an ethical
issue. She knew from her training that ethics concern making o4en difficult decisions
Between two or more right answers.
Northern Con!nental Insurance Company interacts with its policyholders in a way that supports
the doctrine of utmost good faith. Which one of the following statements is correct?
The doctrine of utmost good faith obligates all par!es in a contractual agreement.
Due in part to its commitment to ethical standards, Do-Right Insurance Company tends to be
well-regarded by its customers, is involved in li!ga!on less o4en, and a8racts a higher level of
applicants for employment than many of its compe!tors. These represent which one of the
following areas of ethical standards?
Economic outcomes
Mariam is new to the insurance industry and her supervisor is urging her to join a professional
associa!on. She has looked into it and has learned that
The professional code of an associa!on or society addresses the ethical standards and ideals
that the group requires of its members.
Altruism serves the needs of the individual as well as of society. Which one of the following
statements is most true of altruism?
An altruis!c manner does not preclude the opportunity to find personal rewards for the ac!ons
taken.
2025/2026 NEW!!
Greater North American Insurance Company appoints a panel of managers from a variety of
departments to review and assess the company's ethics. Which one of the following statements
regarding business ethics is correct?
Ethics apply when a law is not applicable.
Anil is a new customer service representa!ve in a busy insurance company sales department. In
training, he is finding that his employer greatly values ac!ng professionally at all !mes. Anil
should learn that
Business ethics entail doing what is right in the context of products and services and
rela!onships with stakeholders.
Managers at Greater North American Insurance Company must deal with ethical conflicts on a
regular basis. Ethical conflicts frequently arise because of
The inherent needs of different par!es.
Which one of the following situa!ons primarily represents a moral, as opposed to legal or
ethical, failure?
An applicant misrepresents previous work experience to land a posi!on.
Which one of the following statements concerning laws is true?
Laws impose a sense of societal decency and order.
Underwriter Jessica is confronted with an ethical issue involving an applicant. She wants to
handle it ethically. She should remember that ethical behavior is primarily based on
Reasoned considera!on of all issues surrounding a conflict.
The claims representa!ves at Insurance Company are taking an ethics course where they are
learning about handling moral, ethical, and legal issues that may be encountered in their
profession. Morals are
A process by which decisions are made between right and wrong.
Suzie is a trainer at an insurer who is conduc!ng a class on ethics. Which one of the following
statements is correct concerning what she needs to impress upon her students?
Ethics entail knowing what to do when a situa!on presents more than one "right" answer.
, Which one of the following best describes business ethics?
Business ethics are, in reality, applied ethics.
Greater North American Insurance Company encounters a recurring claims situa!on in which it
can choose to pay out either of two different amounts for any given situa!on, depending on the
interpreta!on of the claim. There are no regula!ons that directly address the issue. The policy
they choose to formulate will be primarily based on which one of the following?
Ethics
The sales team at Local Insurance Company receives periodic training on insurance laws and
regula!ons. Which one of the following statements is correct regarding what the sales team
needs to realize?
Laws specify right and wrong behavior and are important to orderly behavior.
Sadie, a new claims adjuster, was on the job just two months when she recognized an ethical
issue. She knew from her training that ethics concern making o4en difficult decisions
Between two or more right answers.
Northern Con!nental Insurance Company interacts with its policyholders in a way that supports
the doctrine of utmost good faith. Which one of the following statements is correct?
The doctrine of utmost good faith obligates all par!es in a contractual agreement.
Due in part to its commitment to ethical standards, Do-Right Insurance Company tends to be
well-regarded by its customers, is involved in li!ga!on less o4en, and a8racts a higher level of
applicants for employment than many of its compe!tors. These represent which one of the
following areas of ethical standards?
Economic outcomes
Mariam is new to the insurance industry and her supervisor is urging her to join a professional
associa!on. She has looked into it and has learned that
The professional code of an associa!on or society addresses the ethical standards and ideals
that the group requires of its members.
Altruism serves the needs of the individual as well as of society. Which one of the following
statements is most true of altruism?
An altruis!c manner does not preclude the opportunity to find personal rewards for the ac!ons
taken.
