Free Practice Questions for Korea Bodily Injury Loss Adjuster (신체손해사정사)

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Key Facts: Korea Bodily Injury Loss Adjuster (신체손해사정사) Exam

120 Items / 150 Min

Official 1st Stage Exam Format (3 Subjects x 40 Items)

Korea Insurance Development Institute (certi.kidi.or.kr)

40% / 60%

Passing Requirement: 40-pt Subject Floor & 60-pt Overall Average

Insurance Business Act Enforcement Decree

KRW 30,000

1st Stage Examination Fee

Korea Insurance Development Institute Regulations

Commercial Code & IBA

Statutory Foundations (상법 보험편 & 보험업법)

Ministry of Justice & Financial Services Commission

McBride & AMA

Standard Bodily Disability Rating Systems in Korean Practice

Korean Insurance & Judicial Practice Standards

Next-Year Exemption

1st Stage Pass Exemption Valid for Immediately Following Year

Insurance Business Act Enforcement Rules

신체손해사정사 (Korea Bodily Injury Loss Adjuster) is the premier statutory loss adjusting qualification administered by the Korea Insurance Development Institute (보험개발원) under the Financial Services Commission. The official 1st stage examination consists of 120 multiple-choice questions across 3 subjects (40 items each, total 120 minutes) with a KRW 30,000 fee and a 40% per-subject floor / 60% average passing standard, followed by a 4-subject 2nd stage essay examination. This 100-item practice bank provides independent practice by OpenExamPrep for insurance and claims professionals, and is not an official translation or format simulation.

Sample Korea Bodily Injury Loss Adjuster (신체손해사정사) Practice Questions

Try these sample questions to review concepts for the Korea Bodily Injury Loss Adjuster (신체손해사정사) exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under the Commercial Code Insurance Part (상법 보험편), which of the following best defines the legal character of an insurance contract in South Korea?

A.A unilateral gratuitous contract formed only upon the physical delivery of the written insurance policy

B.A consensual, bilateral, onerous, and aleatory contract (낙성·쌍무·유상·사행계약) requiring utmost good faith

C.A formal statutory contract that is null and void unless registered with the Financial Services Commission

D.A non-consensual contract where rights and obligations attach exclusively to the designated beneficiary

Explanation: Under the Commercial Code Insurance Part (상법 보험편), an insurance contract is legally classified as a consensual (formed by agreement alone without formal deed), bilateral (mutual obligations), onerous (valuable consideration via premium and indemnity), and aleatory contract (contingent upon accidental perils). Because of its aleatory nature, the contract strictly demands utmost good faith (최대선의성).

2Under Article 651 of the Commercial Code Insurance Part (상법 보험편 제651조), what is the statutory deadline for an insurer to terminate a contract based on a breach of the duty of disclosure (고지의무 위반)?

A.Within 1 month from the date of knowing the non-disclosure, and within 3 years from the date the contract was formed

B.Within 3 months from the date of knowing the non-disclosure, and within 5 years from the date the contract was formed

C.Within 6 months from the date of knowing the non-disclosure, with no outer time limit

D.Within 14 days from the date of knowing the non-disclosure, and within 1 year from the date the contract was formed

Explanation: Article 651 of the Commercial Code Insurance Part (상법 보험편 제651조) explicitly provides that an insurer may rescind the insurance contract within one month from the date it becomes aware of the fact of intentional or gross-negligence breach of disclosure, and within three years from the date the contract was formed. Once either statutory limitation period expires, the insurer forfeits the right of cancellation.

3Under Article 655 of the Commercial Code Insurance Part (상법 보험편 제655조 단서), what is the consequence if a policyholder breaches the duty of disclosure (고지의무), but proves that the undisclosed fact had no causal relationship with the occurrence of the insured accident?

A.The insurer may still disclaim liability and refuse payment of the claim entirely.

B.The insurer must pay the insurance proceeds (보험금 지급의무 발생), but retains the statutory right to cancel the policy for the future.

C.The policy is voided retroactively ab initio without any premium refund.

D.The claim is reduced by fifty percent automatically regardless of medical causation.

Explanation: Under the proviso to Article 655 of the Commercial Code Insurance Part (상법 보험편 제655조 단서), if the policyholder or insured demonstrates that the undisclosed fact did not influence the occurrence of the insured peril (lack of proximate causation), the insurer must pay the insurance benefit. However, the insurer may still exercise its distinct statutory right under Article 651 to terminate the contract prospective to the future within the limitation periods.

4Under the Insurance Business Act (보험업법), which of the following duties is strictly assigned to a certified loss adjuster (손해사정사)?

A.Directly negotiating out-of-court monetary settlement agreements on behalf of a victim against a third-party tortfeasor

B.Investigating the facts of the insured accident, appraising the damages, and preparing and delivering a loss adjustment report (손해사정서 작성·교부)

C.Instituting judicial civil proceedings and filing legal lawsuits in court as the claimant's attorney-in-fact

D.Setting mandatory insurance premium rate tariffs for domestic life and property insurers

Explanation: Under Article 188 of the Insurance Business Act (보험업법 제188조), the statutory duties of a loss adjuster (손해사정사) comprise investigating loss circumstances, verifying policy coverage, evaluating and appraising the quantum of damages and insurance proceeds, and drafting and submitting the official loss adjustment report (손해사정서). Practicing law or litigating claims in court violates the Attorney-at-Law Act (변호사법).

5Under the Insurance Business Act (보험업법 제189조), which of the following acts is explicitly prohibited for a certified loss adjuster (손해사정사)?

A.Requesting medical records and objective accident evidence from the claimant with written consent

B.Intentionally concealing the truth or carrying out a false loss adjustment, or drawing up a settlement agreement or demanding a settlement as a condition of the insurance payout

C.Delivering the finalized loss adjustment report to both the insurer and the policyholder

D.Consulting standard bodily injury disability tables such as the McBride evaluation system

Explanation: Article 189, Paragraph 3 of the Insurance Business Act provides that an adjuster must not unfairly prejudice the interests of the policyholder or other interested parties, and lists the prohibited acts: intentionally concealing the truth or performing a false loss adjustment; conducting the adjustment so as to favour either the insurer or the policyholder side; disclosing personal information learned in the course of the work; letting another person carry out loss adjustment under the adjuster's name; delaying the adjustment without justifiable grounds or assessing the loss without a sufficient investigation; demanding documents that duplicate those already supplied or are irrelevant so as to delay the adjustment; and drawing up a settlement agreement or demanding a settlement as a condition of the insurance payout. Breach exposes the adjuster to business suspension, cancellation of registration and, for the more serious grounds, criminal sanction.

6Under the Commercial Code Insurance Part (상법 보험편 제638조의3), what legal remedy does a policyholder have if an insurer fails to deliver and explain the standard policy terms and conditions (약관의 교부·설명의무 위반)?

A.The policyholder may cancel or rescind the contract (계약의 취소) within 3 months from the date the contract was formed.

B.The contract becomes perpetually null and void ab initio automatically without any action.

C.The insurer must pay triple the policy limits upon the occurrence of any accident.

D.The policyholder must forfeit all premiums paid and submit to mandatory binding arbitration.

Explanation: Article 638-3 of the Commercial Code Insurance Part (상법 보험편 제638조의3 제2항) stipulates that if an insurer violates its statutory duty to deliver the policy terms and explain essential clauses at contract conclusion, the policyholder may cancel the insurance contract within three months from the date of formation, receiving a full refund of premiums paid.

7Under Article 731 of the Commercial Code Insurance Part (상법 보험편 제731조), what is the statutory requirement for entering into a life or personal accident contract insuring the death of a third party (타인의 사망보험계약)?

A.Written consent of the third party insured (타인의 서면동의) obtained before or at the time of contract execution

B.Verbal agreement witnessed by two insurance solicitors during phone solicitation

C.Authorization granted solely by the primary statutory heir of the insured third party

D.Payment of at least six months of insurance premiums in advance by the policyholder

Explanation: Article 731, Paragraph 1 of the Commercial Code Insurance Part (상법 보험편 제731조 제1항) strictly commands that an insurance contract covering the death of a third party is null and void unless the written consent (타인의 서면동의) of that third party is obtained at or prior to contract conclusion. This mandatory provision prevents moral hazard and murder-for-insurance.

8Under Article 732 of the Commercial Code Insurance Part (상법 보험편 제732조), which of the following individuals cannot be the insured under a contract that covers death (사망보험금 지급 계약)?

A.A person who is employed in a hazardous manual occupation

B.A minor under 15 years of age (15세 미만자)

C.A foreign national without permanent residency in South Korea

D.A person who has reached 65 years of age

Explanation: Article 732 of the Commercial Code Insurance Part (상법 보험편 제732조) dictates that any insurance contract covering the death of a person under 15 years of age, an incompetent person, or a quasi-incompetent person (unless possessing cognitive capacity under specified conditions) shall be absolutely null and void. This is a strict public policy safeguard against infant homicide and exploitation.

9Under the Commercial Code Insurance Part (상법 보험편 제650조 제2항), what statutory step must an insurer take before terminating a contract due to default in ongoing installment premium payments (계속보험료의 지급지체)?

A.Immediately declare the contract void without any advance communication

B.Specify a reasonable notice period (상당한 기간) and deliver a demand for payment (최고), warning that failure to pay will result in termination

C.File a criminal fraud complaint against the policyholder with the district prosecutor's office

D.Automatically deduct double the premium balance from the policyholder's linked bank account

Explanation: Article 650, Paragraph 2 of the Commercial Code Insurance Part (상법 보험편 제650조 제2항) mandates that if a policyholder fails to pay an installment premium, the insurer must demand payment (최고) by setting a reasonable grace period (typically 14 days or more) and notifying that the contract will be terminated if payment is not remitted. Without proper notification, termination is legally ineffective.

10Under Article 662 of the Commercial Code Insurance Part (상법 보험편 제662조), what is the statutory extinctive prescription period (소멸시효) for a beneficiary or insured to claim insurance proceeds (보험금청구권)?

A.1 year

B.2 years

C.3 years

D.5 years

Explanation: Pursuant to Article 662 of the Commercial Code Insurance Part (상법 보험편 제662조), the right to claim insurance proceeds (보험금청구권), the right to claim premium refunds, and the right to claim reserve returns expire unless exercised within three years. Conversely, the insurer's right to claim premiums expires after two years.

About the Korea Bodily Injury Loss Adjuster (신체손해사정사) Exam

The Korea Bodily Injury Loss Adjuster (신체손해사정사) is the premier national qualification administered by the Korea Insurance Development Institute (보험개발원) under the supervision of the Financial Services Commission (금융위원회) and Financial Supervisory Service (금융감독원). Certified bodily injury loss adjusters are legally empowered under the Insurance Business Act (보험업법) to investigate insurance accidents, appraise bodily injury damages, interpret statutory terms under the Commercial Code Insurance Part (상법 보험편), apply loss adjusting theory (손해사정이론), evaluate anatomical trauma under medical theory (의학이론), and adjust claims across liability and workers' compensation (책임·근재보험), third-sector insurance (제3보험), and automobile bodily injury compensation (자동차보험 대인배상). This module is an independent English-language MCQ study adaptation by OpenExamPrep, not an official translation or format simulation. Independent practice by OpenExamPrep.

Exam sponsor: Financial Services Commission / Financial Supervisory Service / Korea Insurance Development Institute (보험개발원 / certi.kidi.or.kr). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

1st stage: 120 four-option multiple-choice items across 3 subjects (40 items each, total 120 minutes) covering Insurance Contract Act (상법 보험편), Insurance Business Act (보험업법), and Loss Adjusting Theory (손해사정이론); 2nd stage: 4 subjective (essay) subjects of 90 minutes each - Medical Theory (의학이론), Liability & Workers' Compensation Insurance (책임·근로자재해보상보험의 이론과 실무), Third-Sector Insurance (제3보험의 이론과 실무), and Automobile Insurance (자동차보험의 이론과 실무 - 대인배상 및 자기신체손해).

Time Limit

120 minutes (1st stage)

Passing Score

1st stage: At least 40 points in each subject and an overall average of at least 60 points out of 100 (과락 40점 미만 방지 및 전과목 평균 60점 이상)

Exam / Certification Fees

KRW 30,000 for 1st stage

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

30%

Insurance Law: Commercial Code & Insurance Business Act (상법 보험편 & 보험업법)

Covers statutory foundations under the Commercial Code Insurance Part (상법 보험편) — contract formation, duty of disclosure (고지의무 / Article 651), notification of loss, insurable interest, insurer subrogation (보험자대위 / Articles 681–682), double insurance (중복보험), and policyholder protection — alongside regulatory provisions of the Insurance Business Act (보험업법) governing loss adjuster licensing, duties, solicitation conduct, and supervisory penalties.

25%

Loss Adjusting Theory (손해사정이론)

Examines core doctrines of loss adjustment: proximate causation (인과관계), utmost good faith (최대선의의 원칙), principle of indemnity (이득금지의 원칙), legal liability foundations (tort liability under Civil Act Article 750, employer vicarious liability under Article 756, and special statutory liabilities), exclusion clauses (면책약관), comparative negligence (과실상계), and dispute adjudication mechanisms.

25%

Medical Theory & Injury Evaluation (의학이론)

Focuses on human anatomy, trauma pathology, fracture mechanisms and classifications (Salter-Harris, Gustilo-Anderson), central and peripheral nervous system injuries (TBI, spinal cord trauma, nerve root impingement), joint and ligament lesions, and disability evaluation systems including McBride disability tables (맥브라이드 장해평가) and AMA Guides to the Evaluation of Permanent Impairment.

20%

Bodily Injury Liability & Automobile Compensation (책임·근재보험 및 자동차보험 대인배상)

Explores bodily injury claims settlement under Commercial General Liability, Employer's Liability & Workers' Compensation (책임·근재보험), and Automobile Insurance Bodily Injury Compensation (자동차보험 대인배상 I & II) under the Guarantee of Automobile Accident Compensation Act (자동차손해배상보장법), structured compensation calculations (lost future earnings, medical expenses, consolation money), and Third-Sector Insurance (제3보험) accident and disability provisions.

Preparing for the Korea Bodily Injury Loss Adjuster (신체손해사정사) Exam

What You Need to Know

Passing score: 1st stage: At least 40 points in each subject and an overall average of at least 60 points out of 100 (과락 40점 미만 방지 및 전과목 평균 60점 이상)
Assessment: 1st stage: 120 four-option multiple-choice items across 3 subjects (40 items each, total 120 minutes) covering Insurance Contract Act (상법 보험편), Insurance Business Act (보험업법), and Loss Adjusting Theory (손해사정이론); 2nd stage: 4 subjective (essay) subjects of 90 minutes each - Medical Theory (의학이론), Liability & Workers' Compensation Insurance (책임·근로자재해보상보험의 이론과 실무), Third-Sector Insurance (제3보험의 이론과 실무), and Automobile Insurance (자동차보험의 이론과 실무 - 대인배상 및 자기신체손해).
Time limit: 120 minutes (1st stage)
Exam / certification fees: KRW 30,000 for 1st stage Official sources

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Korea Bodily Injury Loss Adjuster (신체손해사정사): Suggested Study Strategy

1Master Commercial Code Duty of Disclosure (상법 제651조 고지의무): Memorize statutory requirements — duty to disclose material facts prior to contract formation, the insurer's rescission window (within 1 month of knowledge and within 3 years of contract execution), and causation defense exceptions under Article 655 proviso.

2Differentiate McBride vs. AMA Disability Systems: Master McBride disability rating (맥브라이드 장해평가) for loss of earning capacity (노동능력상실률) across occupational and age factors in tort and auto claims, contrasting it with AMA whole-person impairment (WPI) used in international and specialized evaluations.

3Understand Automobile Bodily Injury Limits: Know statutory minimum limits under Bodily Injury Liability I (대인배상 I - 사망 1억 5천만원, 부상 급수별 한도 최대 3,000만원, 후유장해 급수별 한도 최대 1억 5천만원) under the Guarantee of Automobile Accident Compensation Act, and how excess claims flow into Bodily Injury Liability II (대인배상 II).

4Learn Workers' Compensation vs. Employer's Liability Interaction: Study Industrial Accident Compensation Insurance (산재보험) statutory benefits (요양급여, 휴업급여, 장해급여, 유족급여) and how Employer's Liability Insurance (근로자재해보장책임보험 / 근재보험) covers excess civil damages after statutory deduction (공제).

5Review Proximate Causation and Pre-existing Conditions: Analyze Korean Supreme Court precedents regarding proximate cause (상당인과관계), contribution ratio of pre-existing disease (기왕증 기여도 감액), and the collateral source rule (손익상계).

Frequently Asked Questions

What is the Korea Bodily Injury Loss Adjuster (신체손해사정사) qualification and who administers it?

The Korea Bodily Injury Loss Adjuster (신체손해사정사) is South Korea's premier national statutory certification for claims professionals adjusting personal injury, disability, medical, and death claims. It is administered by the Korea Insurance Development Institute (보험개발원 / certi.kidi.or.kr) under the auspices of the Financial Services Commission (금융위원회) and Financial Supervisory Service (금융감독원) pursuant to the Insurance Business Act (보험업법).

What is the official examination format, time limit, and passing requirement?

The official examination is divided into two stages. The 1st stage consists of 120 four-option multiple-choice items across 3 subjects (40 items each, total 120 minutes across two periods) testing Insurance Contract Law (상법 보험편), Insurance Business Act (보험업법), and Loss Adjusting Theory (손해사정이론). Candidates must score at least 40 points out of 100 in each subject (40% subject floor / 과락 방지) and attain an overall average of at least 60 points out of 100. The 2nd stage consists of 4 subjective essay subjects testing Medical Theory (의학이론), Liability & Workers' Compensation (책임·근재보험), Third-Sector Insurance (제3보험), and Automobile Insurance Bodily Injury Compensation (자동차보험 대인배상).

What is the fee and retake policy for the examination?

The registration fee is KRW 30,000 for the 1st stage examination and KRW 50,000 for the 2nd stage. Candidates who pass the 1st stage examination are granted an official exemption from taking the 1st stage in the immediately following year's examination session (다음 회의 시험에 한하여 제1차 시험 면제).

How are medical theory and disability rating tables tested?

Candidates must master human anatomy, fracture classifications, traumatic brain and spinal cord injuries, nerve lesions, and disability evaluation standards. Practical claims evaluation heavily utilizes the McBride Disability Table (맥브라이드 장해평가표) for automobile and tort bodily liability disputes, alongside the AMA Guides and the Korean Third-Sector Disability Table (장해분류표) for accidental disability policies.

Is this OpenExamPrep practice bank an official test simulation or translation?

No. This module is an independent English-language MCQ study adaptation by OpenExamPrep, not an official translation or format simulation. The official national licensing examination is administered exclusively in Korean by the Korea Insurance Development Institute (보험개발원). OpenExamPrep provides this independent practice bank to assist bilingual professionals and international claims analysts in mastering Korean loss adjusting concepts, statutory provisions, and technical terminology.