IIC C131 問題集

質問 1：
In risk management, how can a risk be transferred?
A. By reducing the risk through loss prevention
B. By eliminating the risk
C. By using contracts
D. By self-insuring
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 2：
A broker binds a property policy for a future date, and follows up for documentation. While reviewing documents the client sent, it is discovered that the property is actually used as a rooming house, and not a family home. Why does underwriting instruct that the policy be cancelled?
A. The policy cannot be bound without proof of how the home is used.
B. The use of the home is a material fact that the client should have disclosed.
C. The insurer already has too many rooming houses in their book of business.
D. The broker did not complete an in-person home inspection.
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 3：
A major automotive manufacturer is launching a line of electric vehicles. It intends to outsource the production of the vehicle batteries to a new supplier. The manufacturer's risk manager has requested that the supplier provide evidence of comprehensive vendor liability insurance, before the contract can be finalized.
What is the likely reason for the request?
A. The manufacturer does not want to be held responsible for the supplier's contractual liability claims.
B. The manufacturer does not want to be held responsible for product liability claims.
C. The manufacturer wants to be compensated in the event of the supplier's failure to perform the contract.
D. The manufacturer wants to ensure that the supplier prioritizes its work over other manufacturers.
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 4：
Valuable information about the principals of a prospect's company, the products and services the company sells, and other financial data could be found by reviewing which source?
A. D & B reports
B. The prospect's website
C. Best's Underwriting Guide
D. The prospect's property appraisal
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 5：
Which clause is a refusal to accept liability for damages that might occur?
A. Risk retainer
B. Disclaimer
C. Indemnity provision
D. Hold harmless agreement
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 6：
Which party is the beneficiary under a surety bond?
A. Obligee
B. Principal
C. Surety
D. Insurer
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 7：
Charlotte, a broker, is meeting a potential client in person, and hopes to close the new business account. The potential client is a contractor, a line of work which Charlotte also has past experience in.
a) Explain how Charlotte can present herself professionally in the meeting to establish credibility with the client.
b) Explain the value of establishing credibility with the client and the value Charlotte brings to the interaction.
正解：
see the Explanation for Detailed Solution.
Explanation:
Charlotte should present herself as prepared, professional, and commercially knowledgeable. Before the meeting, she should review the contractor's operations, likely exposures, previous insurance arrangements, and common contractor risks such as tools, equipment, subcontractors, commercial auto, job-site liability, wrap-up liability, bonding, and completed operations. In the meeting, she should arrive on time, dress appropriately, speak clearly, listen carefully, and ask structured questions about the contractor's work.
Because she has past contractor experience, she should use that knowledge to ask practical questions, but she must avoid sounding overconfident or assuming every contractor operates the same way.
Credibility matters because commercial clients are more likely to disclose accurate information when they believe the broker understands their business. For a contractor, poor disclosure can create serious coverage gaps. Charlotte adds value by translating contractor operations into insurance exposures and explaining how the insurance program should respond. Her value is not just obtaining a quote; it is identifying risk, advising on coverage, helping with risk control, and protecting the client from uninsured loss. Course topic reference:
Introduction to Commercial Insurance; Analyzing Risk Exposures; Contractors; Broker Professionalism and Client Credibility .

質問 8：
How can a broker without binding or settlement authority assist a client who has suffered a loss and is making an insurance claim?
A. Determine the amount of the claim payment
B. Direct the insurance adjuster in carrying out the investigation of the loss
C. Verify if the client has coverage for the loss and then pay the claim
D. Suggest the client assemble receipts and other documents to prove the loss
正解：D
解説: (Topexam メンバーにのみ表示されます)