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Texas Insurance Adjuster Exam - Study Guide With Complete Solutions
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Texas Insurance Adjuster Exam - Study Guide With Complete Solutions
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Texas Insurance Adjuster Exam - StudyGuide With Complete Solutions
You have just completed the handling of John Wood's roof claim. Mr Wood
disagrees with your coverage determination to deny his claim, what must you
provide to mr. Wood? ✔️Ans -written explanation of full or partial
rejection of the claim.
An employee of the insurance company's claim department ✔️Ans -staff
adjuster
Dr. Phillips completed a surgical procedure on his patient. it was later
determined his method was completed incorrectly and caused more damage.
what type of liability is this? ✔️Ans -Professional liability
which. of the following statements best describes an inland marine policy?
✔️Ans -pertains to cargo with a fixed location
the type of loss involves only the insurer and the insured ✔️Ans -first
party loss
Jason is an unauthorized insurer and wants to do business in Texas. under
what circumstances could he operate in Texas? ✔️Ans -After receiving a
certificate of approval from the Texas department of insurance
Mary johnson owns a local maid service. she wants to get some form of
protection to protect her company against dishonesty on the part of her
employees. what type of bond does she need to get to protect her company?
✔️Ans -Fidelity bond
insurance contract must have_________ for a contract to be legal and
enforceable ? ✔️Ans -Competent parties
The following are added for overhead profit. ✔️Ans -10% and 10%
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