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Texas Adjusters School (Questions with 100% correct answers)

TX ADJUSTER TEST 2024 (100% correct answers) Texas all lines adjuster exam 2024 (All possible questions with 100% correct answers) Texas All Lines Adjuster Laws & Regulation Review Quiz (100% Verified with correct answers) Super-Duper Texas Adjuster License Test Review 3000! (100% Verified answers)

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TX ADJUSTER TEST 2024 (100% correct answers)

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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 answers While investigating a claim, you de...

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Texas Adjuster Exam (A+ GRADED)

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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 answers $30,000 Which of the following statements best describes an inland marine policy? correct answers Pertains t...

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Texas all lines adjuster exam 2024 (All possible questions with 100% correct answers)

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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 answers While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the emplo...

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Texas Adjuster Licensing (100% accurate answers)

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abandonment correct answers a term that applies to property and signifies both a relinquishing of it and the letting go of all legal rights to it, as well, with the intent to claim a total loss. Abandonment of property to an insurance company is something sinusoids are expressly prohibited from doin...

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Texas All Lines Adjuster Test (Guaranteed Pass!)

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Accumulated Depreciation correct answers 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 answers The deadline for providing the insurer with an acreage report, which is used to determine the amount ...

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The Texas Insurance Adjuster (With complete solution)

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Insurance Adjuster correct answers Any person who, as an independent contractor, or as an employee of an independent contractor, adjustment bureau, association, insurance company or corporation, local recording agent, managing general agent, or self-insured, investigates or adjusts losses on behalf ...

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Texas Adjusters School (Questions with 100% correct answers)

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Law of Large Numbers correct answers A statistical concept that describes how the average of a randomly selected large sample from a population is likely to be close to the average of the whole population Underwriting correct answers The process an insurance company uses to decide whether to acce...

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Texas All Lines Adjuster Laws & Regulation Review Quiz (100% Verified with correct answers)

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All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who h...

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Super-Duper Texas Adjuster License Test Review 3000! (100% Verified answers)

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Insurance History and Regulation: Insurance correct answers Coverage by contract whereby one party undertakes to indemnity (hold harmless) or guarantee another against loss by a specified contingency or peril. Insurance History and Regulation: NAIC correct answers An organization whose purpose is...

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Adjuster Pro Texas 2024 (100% Accurate answers)

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All of the following pieces of information can be found in the conditions section of an insurance policy EXCEPT: correct answers Causes of loss that are not covered Which of the following best defines the principle of indemnity? correct answers After a loss, the insured should be restored to his ...

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All Lines Adjuster Exam 2024 (A+ GRADED)

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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 answers A recipient location recipient...

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Texas All-Lines Adjuster course Final Exam (A+ GUARANTEED)

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A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? correct answers We have 6 months to reach a final settlement with you. Janelle has just gradua...

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TX Adjuster Vocab (100% Accurate)

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Absolute Liability correct answers Where the law imposes liability without regard to fault or negligence. Monoline Policy correct answers A policy that provides only one type of insurance on the policy: only property insurance. Compensatory Damages correct answers Monies paid to make an injure...

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Texas All Lines Adjuster Quiz (Passed!)

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In order to become a licensed Insurance Adjuster in the state of TX, an individual must be_______________ yrs old. correct answers 18 The Texas All Lines Adjuster License can only be held by residents of TX? T or F correct answers False List type of Insurance Adjuster Licenses available in Tex...

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Texas Adjusters License (With complete solution)

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Horatio is a business owner who is part of a business owners group that are buying old commercial buildings in their small city and refurbishing them. Horatio has bought a beautiful historical building made mostly of wood. He installs a sprinkler system right away to prevent a fire. What risk manage...

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Texas Adjuster Unit 1 (Well-enlightened)

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Union Plastics is a large manufacturing company, and they handle all their own insurance claims. If Stan was hired by Union Plastics to investigate suspicious claims and determine if the claim needs to be paid, Stan would be considered A) an insurance adjuster B) an insurance counselor C) an i...

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Texas Adjuster License (With correct answers)

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Texas Department of Insurance correct answers Governing body regulating insurance companies and personnel. Commissioner correct answers The head of the state department of insurance. 2 years correct answers Length of appointment for insurance commissioner. Line correct answers The type of i...

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Texas Adjuster Unit 2 (Well-enlightened)

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A person that markets and sells insurance policies to the public is known as A) the adjuster B) the Commissioner C) the governor D) the agent correct answers the agent In order for the adjusters to perform their job functions, they are required to know all of the following EXCEPT A) how...

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Texas Insurance Adjuster Glossary (100% Accurate)

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Abandonment correct answers When an insured relinquishes its claim to property to the insurer. Adjuster correct answers Licensed insurance professional who investigates or adjusts losses and also supervises the handling of claims. Adjuster, Staff and Independent correct answers Works for and r...

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Texas All lines adjuster license insurance terms and related concepts Chapter 1 (Well-enlightened)

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Law of Large Numbers correct answers the more examples used to develop any statistic, the more reliable the statistic will be Underwriting correct answers The process and insurance company uses to decide whether to except or reject an application for a policy insurance. underwriters evaluate the ...

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Texas All-Lines Adjuster Pre-Licensing (100% Accurate answers)

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insurance correct answers financial took that protects individual and organizations from unforeseen and extraordinary financial losses by transferring risk to another party insured correct answers individual or organization that pays premiums in exchange for protection insurer correct answers ...

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Texas all lines adjuster license commercial general liability chapter 8 (100% solved)

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Commercial general liability ( CGL) correct answers 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 correct answers Professional liability Product liability ...

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