ACE ACORD Expert Messaging & Forms Implementation 3 — Questions and Answers
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?
- There is a fixed limit of 10
- The schema enforces a maximum of 25
- The schema is unbounded; no hard limit is imposed (Correct answer)
- A maximum of 5 is enforced by the ALDL specification
Correct answer: The schema is unbounded; no hard limit is imposed
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?
- Trailer record
- Named insured record
- Vehicle record
- Policy header record (Correct answer)
Correct answer: Policy header record
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?
- RqUID (Correct answer)
- TransactionResponseDt
- MsgUID
- CorrelationId
Correct answer: RqUID
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?
- Identifies a party with an insurable interest who is not the named insured or additional insured (Correct answer)
- Flags a claimant added mid-policy-term
- Denotes a mortgagee's interest in the property
- Marks a loss payee listed on a vehicle schedule
Correct answer: Identifies a party with an insurable interest who is not the named insured or additional insured
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?
- 400 Bad Request
- 404 Not Found
- 503 Service Unavailable (Correct answer)
- 200 OK with an error MsgStatusCd
Correct answer: 503 Service Unavailable
HTTP 503 Service Unavailable is the correct status code when the downstream carrier system cannot process requests temporarily.
Question 6: Which ACORD form is used to document the insured's intent to cancel a policy, signed by the policyholder?
- ACORD 35 (Correct answer)
- ACORD 36
- ACORD 61
- ACORD 55
Correct answer: ACORD 35
ACORD 35 is the Cancellation Request/Policy Release form, used when an insured requests policy cancellation.
Question 7: What does the ACORD XML element 'ItemIdInfo/AgencyId' typically contain in a commercial lines submission?
- The ACORD-assigned numeric agency identifier
- The carrier's internal ID for the submitting agency (Correct answer)
- The NAIC company code of the writing carrier
- The agency's state license number
Correct answer: The carrier's internal ID for the submitting agency
AgencyId within ItemIdInfo holds the carrier's own internal identifier for the submitting agency, enabling carrier-side lookup and routing.
ACE ACORD Expert Messaging & Forms Implementation 3
What is the maximum number of coverage items that can appear within a single PolicySummaryInfo element in an ACORD XML personal lines download?