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Risk Management IMDP Study Guide UPDATED ACTUAL Exam Questions and CORRECT Answers

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Risk Management IMDP Study Guide UPDATED ACTUAL Exam Questions and CORRECT Answers At what levels of the Fraternity does that General Insurance take part in? - CORRECT ANSWER - The Chapter, District, and Region Level What is a Special Event? - CORRECT ANSWER - A special event is any event held by a chapter, district or region that IS NOT a regularly scheduled business/chapter meeting

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Risk Management IMDP Study Guide
UPDATED ACTUAL Exam Questions and
CORRECT Answers

At what levels of the Fraternity does that General Insurance take part in? - CORRECT
ANSWER - The Chapter, District, and Region Level



What is a Special Event? - CORRECT ANSWER - A special event is any event held by a
chapter, district or region that IS NOT a regularly scheduled business/chapter meeting


How many days in advance must the Special Events Checklist be submitted? - CORRECT
ANSWER - 21 Days



(True or False) - CORRECT ANSWER - EVENT CHECKLISTS SUBMITTED THE
WEEK OF THE EVENT WILL NOT BE PROCESSED OR APPROVED


(True or False) Do Special Events need the written approval from Corporate Headquarters before
the chapter can proceed to have the event? - CORRECT ANSWER - True


Are Personal Vehicles insured from the fraternity's insurance policy? - CORRECT
ANSWER - No


(True or False) Chapters are encouraged to engage a licensed third party transportation vendor
who will provide professional drivers - CORRECT ANSWER - True


What are the requirements for a third party transportation vendor? - CORRECT
ANSWER - 1. Need to provide Commercial Auto Insurance coverage for transporting
people and properly 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.


Do all the sections need to be completed on the Special Events Checklist? - CORRECT
ANSWER - Yes


What is the minimum amount of days somebody can submit a Special Event Checklist? -
CORRECT ANSWER - 21 Days


What is the minimum amount of days somebody can request to have alcohol at their event? -
CORRECT ANSWER - 21 Days



If the event has less than 300 attendees is security needed? - CORRECT ANSWER - No


(True or False) If the event has 300+ attendees is Security and emergency evacuation plans be
reviewed before signing contracts with venues. - CORRECT ANSWER - True



Who are the people that sign the Special Events Checklist? - CORRECT ANSWER -
President, Event Chair, and Alpha Advisor


For the Athletic Event Participation Form, do all participants need to signed the form? -
CORRECT ANSWER - Yes, All participants do need to sign the form


When does the Incident Claim Reporting Form need to be submitted by? - CORRECT
ANSWER - Needs to be submitted immediately after the incident occurs


(True or False) The Abuse of the consumption of alcoholic beverages during an fraternity event
is approved by all fraternity members - CORRECT ANSWER - False

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