AIIM Certified Sports Insurance Agent CSIA
Exam
**Question 1.** Which type of disability policy provides benefits only while the athlete is
unable to perform any sport‑related activity?
A) Permanent Total Disability (PTD)
B) Temporary Total Disability (TTD)
C) Loss of Value (LOV)
D) Accidental Death & Dismemberment (AD&D)
Answer: B
Explanation: TTD pays benefits only for the period the athlete is totally disabled; PTD is for
permanent loss.
**Question 2.** A professional soccer player’s contract includes a clause that guarantees future
earnings if a career‑ending injury occurs. Which coverage best protects this clause?
A) TTD
B) PTD
C) LOV
D) Medical health plan
Answer: C
Explanation: Loss of Value (LOV) insurance replaces future contract earnings lost due to injury
before a new contract is signed.
**Question 3.** In high‑risk sports such as BMX racing, which rider is most commonly added to
a standard AD&D policy?
A) Travel accident rider
B) Dismemberment rider for limb loss
C) Critical illness rider
D) Waiver of premium rider
Answer: B
, AIIM Certified Sports Insurance Agent CSIA
Exam
Explanation: Dismemberment riders cover loss of limbs, which is a primary risk in extreme
sports.
**Question 4.** Which of the following is NOT typically covered under a specialized sports
medicine health plan for traveling athletes?
A) Emergency evacuation
B) Routine dental cleanings
C) On‑site physiotherapy
D) Hospitalization for injury
Answer: B
Explanation: Routine dental care is usually excluded; plans focus on injury and acute care.
**Question 5.** When assessing a career‑ending injury for insurability, which factor is most
critical?
A) Athlete’s age at injury
B) Type of sport played
C) Length of previous contracts
D) Presence of pre‑existing conditions
Answer: D
Explanation: Pre‑existing conditions directly affect underwriting and future insurability.
**Question 6.** General liability insurance for a local basketball tournament primarily protects
against which claim?
A) Athlete’s loss of future earnings
B) Spectator slip‑and‑fall injury
C) Cancellation due to rain
, AIIM Certified Sports Insurance Agent CSIA
Exam
D) Equipment breakdown
Answer: B
Explanation: General liability covers third‑party bodily injury, such as a spectator’s fall.
**Question 7.** Which event‑related peril is most commonly covered by event cancellation
insurance?
A) Player injury during competition
B) Power outage causing delay
C) Theft of trophy
D) Sponsor withdrawal after contract signing
Answer: B
Explanation: Power failures are a standard covered cause for cancellation or postponement.
**Question 8.** A “hole‑in‑one” contest at a golf tournament is insured under which type of
coverage?
A) General liability
B) Prize indemnity
C) Event cancellation
D) Liquor liability
Answer: B
Explanation: Prize indemnity policies cover large, performance‑based prizes.
**Question 9.** Liquor liability insurance is required when a venue serves alcohol. Which
scenario triggers a claim under this coverage?
A) A fan is trampled in a crowd surge
B) A player is injured in a collision with a bar table
, AIIM Certified Sports Insurance Agent CSIA
Exam
C) An intoxicated patron assaults another guest
D) A fire damages the bar’s refrigeration units
Answer: C
Explanation: Liquor liability covers injuries caused by intoxicated patrons.
**Question 10.** An emergency action plan (EAP) is a prerequisite for obtaining which type of
coverage?
A) Business interruption
B) Event cancellation
C. Equipment breakdown
D) General liability
Answer: D
Explanation: Insurers often require a written EAP to underwrite general liability for events.
**Question 11.** Which property element is considered “specialized turf” and requires specific
endorsement?
A) Concrete parking lot
B) Artificial grass playing surface
C) Wooden bleacher seats
D) Steel roofing panels
Answer: B
Explanation: Artificial turf is a high‑cost, sport‑specific asset needing a turf endorsement.
**Question 12.** Coverage for an ice‑resurfacing machine in a hockey arena falls under which
policy?
A) Property coverage
Exam
**Question 1.** Which type of disability policy provides benefits only while the athlete is
unable to perform any sport‑related activity?
A) Permanent Total Disability (PTD)
B) Temporary Total Disability (TTD)
C) Loss of Value (LOV)
D) Accidental Death & Dismemberment (AD&D)
Answer: B
Explanation: TTD pays benefits only for the period the athlete is totally disabled; PTD is for
permanent loss.
**Question 2.** A professional soccer player’s contract includes a clause that guarantees future
earnings if a career‑ending injury occurs. Which coverage best protects this clause?
A) TTD
B) PTD
C) LOV
D) Medical health plan
Answer: C
Explanation: Loss of Value (LOV) insurance replaces future contract earnings lost due to injury
before a new contract is signed.
**Question 3.** In high‑risk sports such as BMX racing, which rider is most commonly added to
a standard AD&D policy?
A) Travel accident rider
B) Dismemberment rider for limb loss
C) Critical illness rider
D) Waiver of premium rider
Answer: B
, AIIM Certified Sports Insurance Agent CSIA
Exam
Explanation: Dismemberment riders cover loss of limbs, which is a primary risk in extreme
sports.
**Question 4.** Which of the following is NOT typically covered under a specialized sports
medicine health plan for traveling athletes?
A) Emergency evacuation
B) Routine dental cleanings
C) On‑site physiotherapy
D) Hospitalization for injury
Answer: B
Explanation: Routine dental care is usually excluded; plans focus on injury and acute care.
**Question 5.** When assessing a career‑ending injury for insurability, which factor is most
critical?
A) Athlete’s age at injury
B) Type of sport played
C) Length of previous contracts
D) Presence of pre‑existing conditions
Answer: D
Explanation: Pre‑existing conditions directly affect underwriting and future insurability.
**Question 6.** General liability insurance for a local basketball tournament primarily protects
against which claim?
A) Athlete’s loss of future earnings
B) Spectator slip‑and‑fall injury
C) Cancellation due to rain
, AIIM Certified Sports Insurance Agent CSIA
Exam
D) Equipment breakdown
Answer: B
Explanation: General liability covers third‑party bodily injury, such as a spectator’s fall.
**Question 7.** Which event‑related peril is most commonly covered by event cancellation
insurance?
A) Player injury during competition
B) Power outage causing delay
C) Theft of trophy
D) Sponsor withdrawal after contract signing
Answer: B
Explanation: Power failures are a standard covered cause for cancellation or postponement.
**Question 8.** A “hole‑in‑one” contest at a golf tournament is insured under which type of
coverage?
A) General liability
B) Prize indemnity
C) Event cancellation
D) Liquor liability
Answer: B
Explanation: Prize indemnity policies cover large, performance‑based prizes.
**Question 9.** Liquor liability insurance is required when a venue serves alcohol. Which
scenario triggers a claim under this coverage?
A) A fan is trampled in a crowd surge
B) A player is injured in a collision with a bar table
, AIIM Certified Sports Insurance Agent CSIA
Exam
C) An intoxicated patron assaults another guest
D) A fire damages the bar’s refrigeration units
Answer: C
Explanation: Liquor liability covers injuries caused by intoxicated patrons.
**Question 10.** An emergency action plan (EAP) is a prerequisite for obtaining which type of
coverage?
A) Business interruption
B) Event cancellation
C. Equipment breakdown
D) General liability
Answer: D
Explanation: Insurers often require a written EAP to underwrite general liability for events.
**Question 11.** Which property element is considered “specialized turf” and requires specific
endorsement?
A) Concrete parking lot
B) Artificial grass playing surface
C) Wooden bleacher seats
D) Steel roofing panels
Answer: B
Explanation: Artificial turf is a high‑cost, sport‑specific asset needing a turf endorsement.
**Question 12.** Coverage for an ice‑resurfacing machine in a hockey arena falls under which
policy?
A) Property coverage
