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2023 Texas all lines adjuster exam Bundle Questions with 100% Correct Answers
2023 Texas all lines adjuster exam Bundle Questions with 100% Correct Answers
[Show more]2023 Texas all lines adjuster exam Bundle Questions with 100% Correct Answers
[Show more]Accumulated Depreciation The total decrease in an item's value over a period of time. 
Formula: (Annual Depreciation x Number of years used) 
Acreage Reporting Date The deadline for providing the insurer with an acreage report, which 
is used to determine the amount of coverage needed and the premi...
Preview 4 out of 48 pages
Add to cartAccumulated Depreciation The total decrease in an item's value over a period of time. 
Formula: (Annual Depreciation x Number of years used) 
Acreage Reporting Date The deadline for providing the insurer with an acreage report, which 
is used to determine the amount of coverage needed and the premi...
Commercial general liability ( CGL) This covers business liability hazards that are not 
covered under more specialiazed forms of insurance such as auto, marine, workers compensation 
and others. 
What are three forms of CGL Professional liability 
Product liability 
Premises liability 
When liabili...
Preview 2 out of 5 pages
Add to cartCommercial general liability ( CGL) This covers business liability hazards that are not 
covered under more specialiazed forms of insurance such as auto, marine, workers compensation 
and others. 
What are three forms of CGL Professional liability 
Product liability 
Premises liability 
When liabili...
The insured has filed a claim under the "Business Income Department Properties - 
Broad Form" because the primary buyer of products and services from the business has 
filed for bankruptcy under this form the primary buyers business would be known as ----- 
---- CORRECT ANSWER ----- A recipient lo...
Preview 3 out of 17 pages
Add to cartThe insured has filed a claim under the "Business Income Department Properties - 
Broad Form" because the primary buyer of products and services from the business has 
filed for bankruptcy under this form the primary buyers business would be known as ----- 
---- CORRECT ANSWER ----- A recipient lo...
All of the following are criteria for an accident to have occurred "in the course of" the 
employment under a workers' compensation policy, EXCEPT: Correct Answer: While 
performing a task that a fellow worker requested, that was unusual to the employee's job 
description, but occurred on the em...
Preview 4 out of 34 pages
Add to cartAll of the following are criteria for an accident to have occurred "in the course of" the 
employment under a workers' compensation policy, EXCEPT: Correct Answer: While 
performing a task that a fellow worker requested, that was unusual to the employee's job 
description, but occurred on the em...
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