RIBO-Level-1問題集、IIC実際の試験問題

質問 1

Which situation can cause an Errors & Omissions (E & O. claim for a broker?

A. Premium increase of policy at renewal.

B. Effects of exclusions and restrictions not explained.

C. Did not inform regulator hiring of a new employee at the brokerage.

D. Change of address of the broker office not notified.

正解: B

解説: (PassTest メンバーにのみ表示されます)

質問 2

Additional Living Expense under a Homeowners Comprehensive policy is payable when the premises become unfit for occupancy in what circumstance?

A. The insured must live elsewhere while the home is sprayed for insects.

B. The insured's home has suffered damage by an insured peril.

C. The insured is having his home renovated.

D. A room is damaged by rain entering a window left open during a heavy rainstorm.

正解: B

解説: (PassTest メンバーにのみ表示されます)

質問 3

The Insured's contents have been removed from their premises due to an insured peril. Under the property policy, how long will the Insured contents be covered?

A. 25 days or until the policy term ends, whichever comes first.

B. 15 days or until the policy term ends, whichever comes first.

C. 30 days or until the policy term ends, whichever comes first.

D. 60 days or until the policy term ends, whichever comes first.

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 4

Nancy called Hula Brokers to set up a new policy. She told them she is picking up her vehicle at 9:00 pm on September 1st, 2025. When does Nancy's policy expire?

A. 12:01 pm October 1st, 2025.

B. 12:01 am October 1st, 2025.

C. 9:00 pm September 1st, 2026.

D. 12:01 am September 1st, 2026.

正解: D

解説: (PassTest メンバーにのみ表示されます)

質問 5

An accountant purchased an Errors and Omissions (E & O. policy on a claims made basis with a retroactive date of January 1, 2020. The accountant reports a claim to their Broker on March 1, 2025 for an error that occurred on June 5, 2021, while their current policy is in force and uninterrupted. How will the insurer most likely respond?

A. The claim will be denied because the error occurred more than one year ago.

B. The claim will be denied because the policy was not in place at the time of the error.

C. The claim will be covered because both the error and the claim fall within the policy and retroactive periods.

D. The claim will be covered as it was immediately reported upon discovery.

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 6

Laws regulating the zoning, demolition, repair or construction of buildings and their related services can increase costs of repair to buildings. Can these increased costs be insured?

A. They are only insurable under an "All Risks" property policy.

B. No, they are considered uninsurable.

C. Yes, they are insurable if specified in a property policy.

D. They are partly covered under the 10% extension clause in most property policies.

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 7

An insurance policy with an annual premium of $1,200 is cancelled by the insured exactly 6 months into the term. The insurer's "Short Rate Table" indicates that for a 6-month cancellation, the insurer is entitled to keep
60% of the annual premium as an administrative and earned cost. How much of a refund will the insured receive?

A. $480.

B. $720.

C. $600.

D. $500.

正解: A

解説: (PassTest メンバーにのみ表示されます)

質問 8

A brokerage's trust account must be used for which of the following purposes?

A. Paying the monthly rent and utility bills for the brokerage office.

B. Providing short-term loans to employees who are experiencing financial hardship.

C. Depositing all commissions earned by the brokerage before they are moved to the general account.

D. Holding premiums collected from clients until they are remitted to the respective insurance companies.

正解: D

解説: (PassTest メンバーにのみ表示されます)

質問 9

How would a broker apply the concept of risk analysis in commercial insurance?

A. Setting out maximum payout limits in a policy term using the aggregate limit option.

B. By applying higher deductibles for higher risks such as water damage.

C. By excluding certain risks from the policy coverage.

D. Through evaluating the physical and operational factors impacting the business.

正解: D

解説: (PassTest メンバーにのみ表示されます)

質問 10

Under a standard Mortgage Clause, what happens if the insured intentionally sets fire to their home?

A. The insurer will deny the claim to both the insured and the mortgagee.

B. The insurer will pay the claim to the insured, but recover the funds from the mortgagee later.

C. The insurer will deny the claim to the insured, but will pay the mortgagee's interest in the property.

D. The insurer is required to pay both parties because the mortgage was in good standing.

正解: C

解説: (PassTest メンバーにのみ表示されます)

質問 11

According to the O.A.P. 1, a newly acquired automobile is automatically covered provided that what condition is met?

A. It is not used for business purposes.

B. It is not operated by anyone other than the named insured.

C. It only replaces an automobile that is being traded.

D. The insurer is notified within 14 days.

正解: D

解説: (PassTest メンバーにのみ表示されます)

IIC RIBO Level 1 Entry-Level Broker - RIBO-Level-1 模擬練習