CPCU ETHICS ACADEMIC ASSESSMENT TEST
BANK AND SIMULATED EXAM QUESTIONS
2026
◍ Which one of the following statements is correct?
Choose one answer.
A. Social responsibility expectations are in conflict with an insurer's
goals of long-term survival and sustained growth.
B. In the modern world, attention to social responsibility has become
a relatively low priority for most commercial businesses.
C. The primary purpose of insurance continues to be to generate
profits for owners and shareholders.
D. Many insurance products have evolved from the identification of a
social need and the industry's societal responsibility to meet that
need.. Ans: D. Many insurance products have evolved from the
identification of a social need and the industry's societal responsibility
to meet that need.
,◍ By exhibiting high ethical standards when dealing with
policyholders, insurance professionals might be able
Choose one answer.
A. To reinforce policyholder general willingness to purchase
insurance.
B. To earn the trust of skeptical policyholders.
C. To reduce claims expenses while increasing revenue.
D. To lower the cost of the insurance product.. Ans: B. To earn the
trust of skeptical policyholders.
◍ Jessica is a loss control specialist with an insurer. She often
inspects the property and operations of insureds and makes loss
control recommendations to the underwriter. Jessica's duties in these
situations are best described by which one of the following?
Choose one answer.
, A. Her duties involve the insurer and the policyholder.
B. Her duties involve the policyholder and the public with which the
policyholder deals.
C. Her duties involve the policyholder, the public, and the insurer.
D. Her duties involve the insurer and the public.. Ans: C. Her duties
involve the policyholder, the public, and the insurer.
◍ Emily is a producer on a difficult risk. She has gathered extensive
information regarding an insurance applicant. In order for Emily to
meet her professional responsibilities to the insurer, Emily should
Choose one answer.
A. Recommend coverage that is the most profitable for the insurer.
B. Recognize a mutual interest and do what is best for the insurer and
herself.
BANK AND SIMULATED EXAM QUESTIONS
2026
◍ Which one of the following statements is correct?
Choose one answer.
A. Social responsibility expectations are in conflict with an insurer's
goals of long-term survival and sustained growth.
B. In the modern world, attention to social responsibility has become
a relatively low priority for most commercial businesses.
C. The primary purpose of insurance continues to be to generate
profits for owners and shareholders.
D. Many insurance products have evolved from the identification of a
social need and the industry's societal responsibility to meet that
need.. Ans: D. Many insurance products have evolved from the
identification of a social need and the industry's societal responsibility
to meet that need.
,◍ By exhibiting high ethical standards when dealing with
policyholders, insurance professionals might be able
Choose one answer.
A. To reinforce policyholder general willingness to purchase
insurance.
B. To earn the trust of skeptical policyholders.
C. To reduce claims expenses while increasing revenue.
D. To lower the cost of the insurance product.. Ans: B. To earn the
trust of skeptical policyholders.
◍ Jessica is a loss control specialist with an insurer. She often
inspects the property and operations of insureds and makes loss
control recommendations to the underwriter. Jessica's duties in these
situations are best described by which one of the following?
Choose one answer.
, A. Her duties involve the insurer and the policyholder.
B. Her duties involve the policyholder and the public with which the
policyholder deals.
C. Her duties involve the policyholder, the public, and the insurer.
D. Her duties involve the insurer and the public.. Ans: C. Her duties
involve the policyholder, the public, and the insurer.
◍ Emily is a producer on a difficult risk. She has gathered extensive
information regarding an insurance applicant. In order for Emily to
meet her professional responsibilities to the insurer, Emily should
Choose one answer.
A. Recommend coverage that is the most profitable for the insurer.
B. Recognize a mutual interest and do what is best for the insurer and
herself.
