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Exam (elaborations)

Risk Management Info UPDATED ACTUAL Exam Questions and CORRECT Answers

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Risk Management Info UPDATED ACTUAL Exam Questions and CORRECT Answers Special Events that are sponsored by Chapters, Districts and Regions are... - CORRECT ANSWER - covered under the general liability policy The Special Events Checklist Application must be completed and submitted to the Corporate Headquarters for approval at least _____ days prior to the event date - CORRECT ANSWER - 21 EVENT CHECKLISTS SUBMITTED THE WEEK OF THE EVENT _____ BE PROCESSED OR APPROVED - CORRECT ANSWER - will n

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Risk Management
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Institution
Risk management
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Uploaded on
July 13, 2025
Number of pages
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Written in
2024/2025
Type
Exam (elaborations)
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Risk Management Info UPDATED ACTUAL
Exam Questions and CORRECT Answers

Special Events that are sponsored by Chapters, Districts and Regions are... - CORRECT
ANSWER - covered under the general liability policy


The Special Events Checklist Application must be completed and submitted to the Corporate
Headquarters for approval at least _____ days prior to the event date - CORRECT
ANSWER - 21


EVENT CHECKLISTS SUBMITTED THE WEEK OF THE EVENT _____ BE PROCESSED
OR APPROVED - CORRECT ANSWER - will not



Special events require the written approval of the... - CORRECT ANSWER - Corporate
Headquarters before they are held by the chapter; The Corporate Headquarters will determine if
the event poses too great of a risk to the Fraternity to be covered under the current policy.


If the potential liability exposure of the event is deemed to be extreme by the venue or the
corporate office, the chapter will be asked to... - CORRECT ANSWER - purchase a
separate liability policy for the event or pay an 'additional insured' surcharge ($100.00) for the
coverage under the Alpha Phi Alpha Fraternity, Inc. insurance program


Failure to receive proper approval for these events will... - CORRECT ANSWER - result
in a $1,000 fine for the chapter.


Give an examples of an event where the "additional insured" surcharge may apply - CORRECT
ANSWER - includes: Boat Rides, Step Shows, Pool Parties, Social Events with an
attendance over 300.

, College chapters, if your institution requires that they be named as additional insured, -
CORRECT ANSWER - the fee will be waived if requests are submitted at least 21 days in
advance


Whenever chapters or members are transporting special event attendees, personal vehicles
________ be used as they are not covered under the fraternity insurance policy - CORRECT
ANSWER - should not


Chapters are encouraged to engage _________ who will provide professional drivers. -
CORRECT ANSWER - a licensed third party transportation


(The transportation company assumes liability during the ride and removes the responsibility and
risk from Alpha Phi Alpha Fraternity, Inc.)


Whenever engaging a licensed third party transportation vendor the following requirements
should be met by the vendor: - CORRECT ANSWER - 1) Commercial Auto Insurance
that provides coverage for transporting people and property for a fee.


2)Commercial Auto Insurance that provides, at a minimum, primary coverage of $1,000,000.00
combined single limit for bodily injury and property damage.


3)A professional driver who has a valid commercial vehicle operator's license in the state in
which the driver is located.


If this is a large scale event (300+ attendees), _____ must be provided by a third party -
CORRECT ANSWER - security


College chapter MUST obtain the signature of the _________ on the Special Events Checklist
form - CORRECT ANSWER - Alpha Advisor


(Signatures of the President and Event Chair must also be obtained)

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