ACE ACORD Expert Messaging & Forms Implementation 3

Question 1

What is the maximum number of coverage items that can appear within a single PolicySummaryInfo element in an ACORD XML personal lines download?

Accepted Answer

The schema is unbounded; no hard limit is imposed

Answer

ACORD XML schemas typically use maxOccurs='unbounded' for coverage collections, imposing no hard schema-level limit on items.

Question 2

When an ACORD AL3 record set is transmitted, what does the '03' record type designate?

Accepted Answer

Policy header record

Answer

In ACORD AL3 layout, the '03' record type is the Policy Header record containing policy-level identification data.

Question 3

Which element in an ACORD XML homeowners RqUID is used to correlate a request with its asynchronous response when polling?

Accepted Answer

RqUID

Answer

RqUID (Request Unique Identifier) is the field used to match an asynchronous response back to its originating request.

Question 4

What is the ACORD-defined purpose of the OtherOrAdditionalInsured coverage participant role code?

Accepted Answer

Identifies a party with an insurable interest who is not the named insured or additional insured

Answer

OtherOrAdditionalInsured captures parties with insurable interest who don't fit the named insured, additional insured, or other standard role codes.

Question 5

In ACORD Real-Time quoting, what HTTP status code should a vendor return to indicate the carrier's system is temporarily unavailable for rating?

Accepted Answer

503 Service Unavailable

Answer

HTTP 503 Service Unavailable is the correct status code when the downstream carrier system cannot process requests temporarily.

(ACE) ACORD Certified Expert Practice Test