KoreaDumps IIC C131덤프의 질문들과 답변들은 100%의 지식 요점과 적어도 98%의 시험 문제들을 커버하는,수년동안 가장 최근의IIC C131시험 요점들을 컨설팅 해 온 시니어 프로 IT 전문가들의 그룹에 의해 구축 됩니다. KoreaDumps의 IT전문가들이 자신만의 경험과 끊임없는 노력으로 최고의IIC C131학습자료를 작성해 여러분들이IIC C131시험에서 패스하도록 도와드립니다.
| Section | Objectives |
|---|---|
| Risk Management | - Selecting risk techniques - Monitoring and modifying risk management plans - Analyzing risk exposures - Insurance in a risk management plan |
| Specialized Insurance Lines | - Automobile insurance - Contractors insurance - Builders risk insurance - Crime and bonds - Manufacturers, distributors, freight forwarders |
| Property Insurance Coverages | - Property coverages fundamentals |
| Liability Insurance | - Commercial and general liability concepts |
IIC인증 C131시험을 패스하여 자격증을 취득하여 승진이나 이직을 꿈구고 있는 분이신가요? 이 글을 읽게 된다면IIC인증 C131시험패스를 위해 공부자료를 마련하고 싶은 마음이 크다는것을 알고 있어 시장에서 가장 저렴하고 가장 최신버전의 IIC인증 C131덤프자료를 강추해드립니다. 높은 시험패스율을 자랑하고 있는IIC인증 C131덤프는 여러분이 승진으로 향해 달리는 길에 날개를 펼쳐드립니다.자격증을 하루 빨리 취득하여 승진꿈을 이루세요.
질문 # 60
Davies Architect has opened two new offices in the last quarter. Its recent claims history includes a break-in at its head office a month ago and legal action against the firm due to a structural mistake made by the architect and engineer six months ago. The firm's insurance broker is reviewing its current insurance program, and the renewal date is in two months. Due to stable market conditions, there have been no recent changes made by insurers to policy wordings or pricing. The firm has been very cooperative with providing information. Briefly discuss how the broker would review the renewal for this architectural firm.
정답：
설명：
see the Explanation for Detailed Solution.
Explanation:
The broker should treat the renewal as a full exposure review, not a simple repeat of the previous policy. First, the two new offices must be added to the insurance program. The broker should confirm addresses, occupancy, property values, equipment, lease obligations, security, employees, and any change in revenue or professional activity at those locations. If the new offices are not disclosed properly, the firm may have uninsured property or liability exposures.
Second, the broker should review the break-in claim. This requires checking property, crime, burglary, security safeguards, alarm systems, locks, access controls, and any insurer recommendations. A recent theft loss may affect deductibles, terms, or underwriting attitude.
Third, the legal action involving a structural mistake is a major professional liability issue. The broker must review the architects' errors and omissions policy, claim reporting, retroactive date, limits, deductibles, engineers' involvement, and whether the claim has been properly notified.
Because the market is stable and the client is cooperative, renewal negotiations should be manageable.
However, the broker must update all material facts and recommend coverage changes where exposures have changed. Course topic reference: Monitoring and Modifying the Risk Management Plan; Liability; Professional Liability; Renewal Review; Architects' E & O .
질문 # 61
What is governed by the Personal Information Protection and Electronic Documents Act (PIPEDA)?
정답：B
설명：
The correct answer is C. The consent requirement when the insurer requests an applicant's motor vehicle record . PIPEDA governs the collection, use, and disclosure of personal information by private-sector organizations in the course of commercial activity. In insurance, brokers and insurers regularly handle personal information, including names, addresses, claims history, driver information, financial details, and underwriting data. A motor vehicle record is personal information because it identifies an individual and contains driving-history details relevant to underwriting automobile insurance. Before an insurer or broker obtains this information, proper consent is normally required. The broker must ensure the client understands why the information is needed, how it will be used, and who may receive it. Option A is too broad and concerns corporate governance rather than personal information. Option B is not the purpose of PIPEDA.
Option D involves employment reference checks, which may fall under privacy obligations, but in the commercial insurance context, the MVR consent requirement is the direct and technically relevant example.
Privacy compliance is a core broker responsibility because improper handling of personal information can create regulatory, legal, and reputational consequences. Course topic reference: Risk Management; Privacy Obligations; PIPEDA; Personal Information; Automobile Underwriting Consent .
질문 # 62
Sufi is a handywoman who regularly takes samples of her finished work to trade shows. Which coverage would Sufi's broker recommend for her samples?
정답：A
설명：
The correct answer is C. Exhibition floater . An exhibition floater is designed to cover property taken to exhibitions, fairs, trade shows, displays, and similar events. Sufi regularly takes samples of her finished work to trade shows, which means the samples are away from her regular premises and exposed to transit, handling, display, theft, accidental damage, and temporary-location risks. Ordinary personal property coverage may not properly insure business samples while they are being transported and exhibited. A tool floater would be appropriate for tools and equipment used in work operations, but the question specifically refers to samples of finished work, not tools. Event liability coverage would respond to liability claims arising from an event, such as bodily injury or property damage to third parties, but it would not primarily insure Sufi's own samples. The correct coverage must follow the property while it is moved, displayed, and returned. The broker should also confirm the value of the samples, transit method, storage at the trade show, security arrangements, and whether coverage applies during setup and teardown. Course topic reference: Property Coverages; Commercial Property Floaters; Exhibition Floater; Samples and Trade Show Property .
질문 # 63
An architect is sued by a client for having failed to account for local bylaws when designing a new home. For the insurance company to defend the architect, which coverage must he have in place?
정답：C
설명：
The correct answer is B. Errors and omissions . Architects provide professional services based on specialized knowledge, design skill, technical standards, and regulatory awareness. If an architect fails to account for local bylaws when designing a home, the client may allege professional negligence, error, omission, or failure to meet the expected professional standard of care. Commercial general liability policies usually focus on bodily injury and property damage, not purely professional design errors. Errors and omissions insurance, also called professional liability insurance, is designed to defend and indemnify professionals against claims arising from negligent acts, errors, or omissions in the performance of professional services. Wrap-up liability is project liability coverage for construction participants, but it does not replace the architect's professional liability policy. Explosion, collapse, and underpinning coverage relates to construction hazards, not design negligence. Commercial building, equipment, and stock coverage is first- party property insurance and would not defend the architect against a client's lawsuit. Architects must maintain E & O coverage because design mistakes can cause financial loss, construction defects, delay, redesign costs, and litigation. Course topic reference: Liability; Professional Liability; Errors and Omissions; Architects and Design Professionals .
질문 # 64
The question of whether an employee might convert cash or cheques for her own use would be considered when underwriting which policy coverages?
정답：B
설명：
The correct answer is A. Crime . The phrase "convert cash or cheques for her own use" refers to employee dishonesty, theft, fraud, or misappropriation. These are classic crime insurance exposures. Crime coverage may insure loss of money, securities, or other property resulting from dishonest acts of employees, theft, robbery, burglary, forgery, counterfeit currency, computer fraud, funds transfer fraud, or other crime-related perils, depending on the form. When underwriting crime coverage, the insurer is interested in internal controls, separation of duties, audits, background checks, cash-handling procedures, cheque-signing authority, bank reconciliation, inventory controls, and access to funds. Liability coverage responds to legal liability to third parties, not direct employee theft of the insured's money. Property insurance generally covers physical loss or damage to insured property from covered perils, but it commonly excludes or limits dishonest acts and money/securities losses. Business interruption covers loss of income following insured physical damage, not employee conversion of cash. The correct underwriting focus is therefore crime coverage. Course topic reference: Automobile, Crime, and Bonds; Crime Insurance; Employee Dishonesty; Money and Securities; Internal Controls .
질문 # 65
......
아무런 노력을 하지 않고 승진이나 연봉인상을 꿈꾸고 있는 분이라면 이 글을 검색해낼수 없었을것입니다. 승진이나 연봉인상을 꿈꾸면 승진과 연봉인상을 시켜주는 회사에 능력을 과시해야 합니다. IT인증시험은 국제적으로 승인해주는 자격증을 취득하는 시험입니다. KoreaDumps의IIC인증 C131덤프의 도움으로 IIC인증 C131시험을 패스하여 자격증을 취득하면 승진이나 연봉인상의 꿈이 이루어집니다. 결코 꿈은 이루어질것입니다.
C131시험패스 가능 덤프공부: https://www.koreadumps.com/C131_exam-braindumps.html