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Texas All-Lines Adjuster Exam; Questions & Answers (Grade A+) $11.49   Add to cart

Exam (elaborations)

Texas All-Lines Adjuster Exam; Questions & Answers (Grade A+)

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Texas All-Lines Adjuster Exam; Questions & Answers (Grade A+) insurance Correct Answer-the transfer of risk Insured Correct Answer-A person or organization covered by an insurance policy AKA: Policy Holder (1st Party) Claimant Correct Answer-A person or organization making a claim against a...

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  • August 27, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas all lines adjuster
  • Texas all lines adjuster
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Texas All-Lines Adjuster Exam; Questions &
Answers (Grade A+)
insurance Correct Answer-the transfer of risk



Insured Correct Answer-A person or organization covered by an insurance
policy

AKA: Policy Holder (1st Party)



Claimant Correct Answer-A person or organization making a claim against an
insured (3rd Party)



Insurer Correct Answer-An insurance company or self-insured (2nd Party)



Provider Correct Answer-An individual or organization including a
corporation. Register with the department to offer pre-licensing instruction for
adjuster.



TDI Correct Answer-Texas Department of Insurance

, Texas All-Lines Adjuster Exam; Questions &
Answers (Grade A+)
Adjuster Correct Answer-an individual who investigates or adjusts losses on
behalf of either an insurer or self-insured, or any person who supervises the
handing of claims.



How many types of adjusters ? Correct Answer-3



What are the 3 types of adjusters? Correct Answer-Staff Adjuster

Independent Adjuster

Public Adjuster



Staff Adjuster Correct Answer-Works exclusively for an insurance company



Independent Adjuster Correct Answer-Handles claims for multiple insurance
companies

Ex. QA Claims



Public Adjuster Correct Answer-Represent the insured, represents the
policyholder, 1st Party, individual handles claim for them.

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