Aic 30 - Study guides, Class notes & Summaries

AIC 300 CLAIMS EXAM 2025/2026 ACCURATE FREQUENTLY AND CURRENT TESTING QUESTIONS (SOLVED)

QUESTIONS AND ANSWERS

AIC 30 EXAM QUESTIONS WITH 100% CORRECT ANSWERS Which one of the following negotiation styles seeks both to obtain the best outcome and to achieve rapport with the other party? - Answer-The win-win negotiation style seeks both to obtain the best outcome and to achieve rapport with the other party. Claim representatives may use the win-lose style of negotiation - Answer-in resolving claims that appear to involve fraud. Claim representatives can adopt one of four distinct negotiation sty...

AIC 30 EXAM QUESTIONS AND ANSWERS ALL CORRECT What is a business rule engine? - Answer-investigative tool used to analyze claims for fraud indicators or coverage issues and then refer the claim to the appropriate party for a response The Internet allows online reporting and - Answer-real-time loss notification One of the most powerful means experts often use to explain how an event occurred is - Answer-a video recreating the event and showing the damages or injuries Photographs, map...

AIC 30 Latest Update with Verified Solutions First Party Focus Coverage and Amount of damage Second Party Insurance Company First Party Insured Third Party Claimant Third Party Focus Liability, Coverage, and Amount of damage Third Party Administrator (TPA) an organization that provides admin services associated with risk financing and insurance. They handle claims and risk management for self-insured organizations Independent Adjuster handles claims for the insurer for ...

Model Laws - ️️NAIC develops that they feel is an appropriate law related to insurance/risk management Conflict of Interest - ️️a situation that occurs when a decision makers personal interests interfere to the extent that he/she makes decisions that adversely affect the customer, claimant, or employer Four Parts of Negligence - ️️- a duty owed to protect (or not go out of your way to harm) another party. - a breach of that duty - damage or injury occurs, - the damage or injury ...

AIC 30 Exam Practice Questions and Answers 100% Pass First Party Focus - Coverage and Amount of damage Second Party - Insurance Company First Party - Insured Third Party - Claimant Third Party Focus - Liability, Coverage, and Amount of damage Third Party Administrator (TPA) - an organization that provides admin services associated with risk financing and insurance. They handle claims and risk management for self-insured organizations Independent Adjuster - handles claims for the insurer...

AIC 30 7-9 Practice Questions and Answers All Correct What statement about the process of referring a lawsuit to defense counsel is true? - Answer-Certain insureds have the right in their contracts with the insurer to participate in selection of the defense counsel. Following a verdict in a civil trial, which one of the following parties is usually responsible for making payment of a judgment owed by an insurer? - Answer-The claim representative In the civil trial process, what must a pl...

AIC 30 Assignment 4 Questions with Correct Answers What is an advantage of written statements? - Answer-These types of statements are more easily admitted into evidence in legal proceedings. What is an advantage of video statements? - Answer-when it is feasible to do so, taking a video statement adds significantly to the interview by revealing physical characteristics of the interviewee, including visible injuries, body language, and expressions. Describe three qualities of effective s...