AIC 300 Exam Bundle

AIC 300 Exam Questions With Revised Answers. As a claims representative, Joshua frequently requests proofs of loss and affidavits, and conducts examinations under oath and recorded statements. Which one of Joshua's sworn statements is administered by the insurer's attorney at the office of the...

AIC 300 Part 1 Exam Questions With Revised Answers. A role defined by being an employee or an insurer and having a primary focus on handling claims - answerStaff claims representative Employees used when specialized skills are needed and when staff claim representatives are too busy to handle a...

©THEBRIGHTSTARS 2024 AIC 300 Exam study Guide. Indemnify - answerTo restore a party who has sustained a loss to the same financial position that party held before the loss occurred Third Party Administrator (TPA) - answerAn organization that provides administrative services associated with ris...

AIC 300 - Claims in an Evolving World. Exam Questions With Revised Answers. Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. - answerB. By...

AIC 300 - Simulated Exam Questions With Revised Answers. Insurers and claim representatives must keep the promises specified in insurance policies, as well as those created by the law. In insurance transactions, the insured pays a premium for the insurer's promise to - answerHandle claims in go...

AIC 300 - Claims in an Evolving World. Exam Questions With Revised Answers. As methods of communication evolve, it's important for claims professionals to remember that any written claims communication may be a. Replaced with verbal communication b. Misinterpreted c. Edited later d. Subpoena...

AIC 300 Exam Study Guide. First party insurance - answerinsurer makes payment for covered losses directly to the policyholder (first party) third-party insurance - answerinsurer makes payments on behalf of the policyholder to a claimant (third party) third party administrators (TPAs) - answer- ...