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TEXAS ALL LINES ADJUSTER EXAMS TEST BANK ,COMPLETE SATISFACTION ALREADY PASSED
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[Show more]If an automobile policy has split limits of 30/60/25. What is the maximum amount of 
liability coverage that would be paid in a covered loss where three people are 
involved. - CORRECT ANS $30,000 
Which of the following statements best describes an inland marine policy? - 
CORRECT ANS Pertains to C...
Preview 2 out of 7 pages
Add to cartIf an automobile policy has split limits of 30/60/25. What is the maximum amount of 
liability coverage that would be paid in a covered loss where three people are 
involved. - CORRECT ANS $30,000 
Which of the following statements best describes an inland marine policy? - 
CORRECT ANS Pertains to C...
Subrogate Subrogation is the right for an insurer to legally pursue a third party that 
caused an insurance loss to the insured. This is done as a means of recovering the 
amount of the claim paid by the insurance carrier to the insured for the loss. - 
CORRECT ANS While investigating a claim, you d...
Preview 2 out of 7 pages
Add to cartSubrogate Subrogation is the right for an insurer to legally pursue a third party that 
caused an insurance loss to the insured. This is done as a means of recovering the 
amount of the claim paid by the insurance carrier to the insured for the loss. - 
CORRECT ANS While investigating a claim, you d...
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 e...
Preview 3 out of 29 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 e...
Accumulated Depreciation - CORRECT ANS The total decrease in an item's 
value over a period of time. Formula: (Annual Depreciation x Number of years used) 
Acreage Reporting Date - CORRECT ANS The deadline for providing the insurer 
with an acreage report, which is used to determine the amount of c...
Preview 3 out of 16 pages
Add to cartAccumulated Depreciation - CORRECT ANS The total decrease in an item's 
value over a period of time. Formula: (Annual Depreciation x Number of years used) 
Acreage Reporting Date - CORRECT ANS The deadline for providing the insurer 
with an acreage report, which is used to determine the amount of c...
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