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AIC 300 Claims in an Evolving World Exam 2024 Version with All Questions from Actual Past Exam, 100% Correct Answers Best Studying Materials

AIC 300 Claims in an Evolving World Exam 2024 Version with All Questions from Actual Past Exam, 100% Correct Answers Best Studying Materials

AIC 300 Claims in an Evolving World Exam 2024 Version
with All Questions from Actual Past Exam, 100% Correct
Answers Best Studying Materials
Luke runs his business out of a store front in a commercial building. After a fire
destroyed part of the building, Luke made a claim for damages and received a
settlement check from the property insurer. This necessarily means that Luke
Select one:
A. Is named in the policy declarations or an endorsement.
B. Is the owner of the building.
C. Has business interruption coverage.
D. Has an insurable interest in the damaged property. --------- Correct Answer --------- A.
Is named in the policy declarations or an endorsement.
Is named in the policy declarations or an endorsement. An individual may have an
insurable interest in a building, but not be considered an insured under the policy
because the person's name is not listed in the declarations or on an endorsement.
Part of the continuous cycle of data mining is preparing the data to eliminate missing or
inaccurate information. This process is called
a. Parsing.
b. Machine learning.
c. Cleaning.
d. Predictive modeling. --------- Correct Answer --------- c. Cleaning

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