C131 무료 덤프문제 온라인 액세스

In risk management, how can a risk be transferred?

• A.By using contracts
• B.By eliminating the risk
• C.By self-insuring
• D.By reducing the risk through loss prevention

XYZ Insurer is known for using the first-in principle. If multiple brokers request quotations for a new applicant, how does XYZ Insurer respond?

• A.Releases quotes for each broker sequentially
• B.Negotiates with each broker based on the same terms and conditions
• C.Blocks itself from dealing with other brokers on the risk
• D.Cooperates with the largest brokerage

Which action illustrates the duty of care required from a broker when arranging a client's insurance program?

• A.Inspect all the client's premises and provide risk control recommendations
• B.Provide insurance options for known exposures
• C.Disclose the percentage of the premium that will be paid as commission
• D.Await inquiries from the client before approaching the insurer on policy wording discrepancies

Which peril is commonly excluded under the commercial property broad form (CPBF)?

• A.Riot
• B.Pollution
• C.Explosion of natural or manufactured gas
• D.Leakage from fire suppression systems

An insured who owns a factory had a major loss. A pressure vessel ruptured due to a faulty safety valve, causing water escape, that resulted in significant water damage. The insured is covered by two insurance policies. Which policy will cover this loss?

• A.The insured's EBI policy will pay the loss in full.
• B.The insured's CGL policy will pay the loss in full.
• C.The insured's remediation policy will cover the loss.
• D.The insured will select which policy to cover the loss.