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Exam (elaborations)

AIC 303 EXAM QUESTIONS AND CORRECT ANSWERS

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AIC 303 EXAM QUESTIONS AND CORRECT ANSWERS

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Linnea is walking down the street and notices Tobias unconscious on his front walk.
Being trained in CPR, she checks his vitals and begins to administer CPR. She
successfully revives Tobias, but the chest compressions broke one of his ribs. If Tobias
decides to sue Linnea for damages, she would be protected by


A. Res ipsa loquitur.
B. The rescue doctrine.
C. The principle of contribution.
D. The Good Samaritan law.


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D. The Good Samaritan law.




In certain circumstances where a claimant is nonresponsive, a claims rep may issue a
payment with a release form to be signed, concluding the claim. This is called a(n)

,A. Drop draft settlement.
B. First-call settlement.
C. Presumptive settlement.
D. Advance payment.


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A. Drop draft settlement.




The additional coverage for loss assessment of the HO-3 policy provides up to $1,000
coverage


A. For charges assessed against the insured as a result of a hold harmless agreement
to which the insured is a party.
B. For charges assessed against the insured as a result of the insured rendering or
failing to render professional services to a third party.
C. For charges assessed against the insured for costs incurred by a volunteer fire
department in fighting a fire at the insured location.
D. For an assessment against the insured by a homeowners association for a part of
damages awarded against the homeowners association and not otherwise excluded
in Section Il—Liability Coverages.


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D. For an assessment against the insured by a homeowners association for a
part of damages awarded against the homeowners association and not
otherwise excluded in Section Il—Liability Coverages.




A consent-to-settle clause is generally found only in which one of the following types
of policy?


A. Automotive liability
B. Premises liability

, C. Products liability
D. Professional liability


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D. Professional liability




Physical evidence that is improperly handled or stored might be challenged in court
because it is no longer


A. Relevant.
B. Consequential.
C. Competent.
D. Material.


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C. Competent.




Joshua was injured in an auto accident by the fault of the other driver. He has several
debilitating injuries that will take time to heal and will result in permanent disability. His
wife has joined Joshua's lawsuit against the other driver for


A. Loss of enjoyment.
B. Loss of consortium.
C. Disfigurement.
D. Diminished earning capacity.


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