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Texas all lines adjuster exam Questions & Answers.
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Texas all lines adjuster exam Questions & Answers.
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Texas all lines adjuster exam Questions &Answers
All gof gthe gfollowing gare gcriteria gfor gan gaccident gto ghave goccurred g"in gthe gcourse
gof" gthe gemployment gunder ga gworkers' gcompensation gpolicy, gEXCEPT: g- gANS-
While gperforming ga gtask gthat ga gfellow gworker grequested, gthat gwas gunusual gto gthe
gemployee's gjob gdescription, gbut goccurred gon gthe gemployer's gpremises gduring
gworking ghours.
Which gof gthe gfollowing gstatements gis gNOT gTRUE gregarding gthe gimplied gwarranties
gof gan gOcean gMarine gpolicy? g- gANS-The gimplied gwarranties gare gattached gto gthe
gpolicy gas gan gendorsement..
Parmelia gis gcovered gunder gtwo gseparate gstandardized gPersonal gAutomobile
gpolicies, gwith gPart gC glimits gunder gboth gpolicies gset gat g$200,000. gParmelia gis
ginvolved gin gan gaccident gwith gan guninsured gmotorist gand gshe gsustains gbodily
ginjury gdamages gfor g$262,320. gHow gmuch gwill gParmelia greceive gwhen gshe
gsubmits ga gclaim gfor gthese gdamages g- gANS-$200,000
Which gof gthe gfollowing gendorsements gmust gbe gattached gto ga gstandard
gBusinessowners gpolicy gfor gcoverage gto gapply gto ga gbusinesses gfreezer gthat gwas
gdamaged gby gthe ginterruption gof ga gpower gsource g- gANS-Utility gServices g- gDirect
gDamage gendorsement.
After gcompleting gan ginspection gof gan ginsured's gpressure gequipment gand gfire
gsuppression gsystems, gthe ginspector gdetermines gthat gthe gpressure gequipment
gneeds gto gbe grepaired gand gthe gsuppression gsystems ghave gnot gbeen gcleaned gand
ginspected gin gthe gtime gframe grequired gby gthe gpolicy. gThe ginsurer gwill: g- gANS-
Suspend gcoverage gimmediately gby gred gtagging gthe gitems guntil gthey gare grepaired,
gcleaned gand gpass greinspection
To gbe geligible gfor gcoverage gunder ga gstandardized gDwelling gpolicy, gthe ginsured
gmust gnot gallow gmore gthan g_______ gboarders gto glive gon gthe gpremises. g- gANS-5
All gof gthe gfollowing gare g"Perils gof gthe gSea" gunder gan gOcean gMarine gpolicy,
gEXCEPT: g- gANS-Pirates
The gamount gof ginsurance gcountersigned, gissued, gor gsold gby gan gagent gor gproducer
gto gcover gimmediate gfamily gmembers, gan gemployer, gor gemployees gis gknown gas: g-
gANS-Controlled gbusiness
,Which gof gthe gfollowing gstandardized gDwelling ginsurance gforms gprovides gcoverage
gfor gloss gof grental gincome g- gANS-The gDP-1, gDP-2, gand gDP-3 gforms
The g"Part gB g- gMedical gPayments" gcoverage gof ga gpersonal gautomobile gpolicy
gcovers ginjuries gfor gall gof gthe gfollowing, gEXCEPT: g- gANS-A gpassenger gwho gis
ginjured gin ganother gvehicle gthat gis gstruck gby gthe ginsured's gvehicle gin gan gaccident
Which gof gthe gfollowing gare gthe gTexas gWorkers' gCompensation gbenefits gthat gare
gincreased gby ga gcost-of-living gadjustment g(COLAs) g- gANS-Lifetime gIncome gBenefits
g(LIBs) gonly
Hannah gmust gtake gtime gaway gfrom gwork gto ghelp gassist gin gthe ginvestigation gof ga
gclaim gthat gwas gmade gagainst gher gBOP gpolicy. gThe gpolicy gwill gpay gfor gHannah's
gactual gloss gof gearnings gup gto: g- gANS-$250 gper gday.
Surplus gLines gcompanies gin gTexas ghave g_____ gto gacknowledge gthe greceipt gof ga
gclaim. g- gANS-30 gdays.
All gof gthe gfollowing gare gcharacteristics gof ga gprincipal gthat ga gsurety gwill gscrutinize
gduring gthe gunderwriting gprocess, gEXCEPT: g- gANS-Consideration.
Under gSection gII gof ga gHomeowners gpolicy, ga gcemetery gplot gowned gby gthe ginsured
gis gconsidered gto gbe: g- gANS-An ginsured glocation.
Which gof gthe gfollowing gis gNOT gone gof gthe gfour gmajor gcoverages gof gan gOcean
gMarine gpolicy? g- gANS-Seaworthiness.
A gship ghas gsuffered gdamage gand gsunk. gWhich gof gthe gfollowing gwould grespond gto
gcover gthe gloss gof gthe gship? g- gANS-Hull gInsurance.
As ga gfiduciary gagent, gan gadjuster ghas gthe gpower gto gbind gthe ginsurer. gWhich gof
gthe gfollowing gstatements gis gFALSE gregarding gthis gpower? g- gANS-Only gan
gadjuster's gwritten gstatements gcan glegally gbind gan ginsurer.
The gstandardized gDwelling gforms gconsider gall geruptions gof ga gvolcano gwithin ga
g__________ gperiod gto gbe ga gsingle g"occurrence". g- gANS-72-hour
Whose gresponsibility gis git gto gcomplete ga g"proof gof gloss"? g- gANS-The gclaimant.
Which gof gthe gfollowing gwould gNOT gbe gdetermined gby ga gcourt gwhen gan ginsurer
ghas gfiled ga gdeclaratory gjudgment gaction? g- gANS-The gtype gand gamount gof
gdamages gthat gwill gbe gpaid gto ga gplaintiff gfor gthe gclaim gthat gis gbeing gdisputed.
Which gof gthe gfollowing gstatements gis gTRUE gregarding gthe gHomeowners g"additional
gcoverage" gknown gas gLandlord's gFurnishings? g- gANS-The gcoverage gis gnot
gadditional ginsurance gand gdoes gnot gincrease gthe glimits gof gthe gpolicy.
,Which gof gthe gfollowing gwould gbe gcovered gunder gthe gJones gAct? g- gANS-Crew
gmembers gof ga gship.
All gof gthe gfollowing gstatements gare gtrue gregarding ga gPersonal gLiability
gSupplement, gEXCEPT: g- gANS-The gpolicy gwill gcover gwatercraft gliability.
Which gof gthe gfollowing gstatements gis gTRUE gregarding gCommercial gProperty
gcoverage? g- gANS-Commercial gproperty gcoverage gcan gbe gwritten gas gboth ga
gmonoline gpolicy gand gas gpart gof ga gpackage gpolicy.
What gtype gof ginsurance gis gusually gprovided gor gsubsidized gby gthe gstate gor gfederal
ggovernment gbecause git gis gnot gordinarily gavailable gfrom gprivate ginsurers? g- gANS-
Residual gmarket ginsurance.
The goptional gcoverage gfor g"Employee gDishonesty" gunder ga gstandard
gBusinessowners gpolicy gprovides ga g"discovery gperiod" gfor gthe ginsured gto gdiscover
gthe gdishonest gact gand ghave gcoverage gstill gapply. gWhich gof gthe gfollowing
gstatements gbest gdescribes gthe g"discovery gperiod" gfor gthis goptional gcoverage? g-
gANS-The g"discovery gperiod" gis gone gyear gfrom gthe gend gof gthe gpolicy gperiod.
Which gof gthe gfollowing gwould gbe gconsidered gan gUnfair gClaim gSettlement gPractice?
g- gANS-Failing gto gdeny gcoverage gof ga gclaim gwithin ga greasonable gamount gof gtime
gafter gconcluding gthe ginvestigation
Which gof gthe gfollowing gis gTRUE gregarding gthe gDP-2 gBroad gForm gcoverage gfor
g"artificially ggenerated gelectrical gcurrent"? g- gANS-A gfire gmust gbe gthe gresult gof gthe
gartificially ggenerated gelectrical gcurrent gfor gcoverage gto gapply..
The gCommercial gBuilding gand gPersonal gProperty gcoverage gform gprovides gfive
gextensions gof gcoverage, gbut gonly gif: g- gANS-An g80% gor ghigher gcoinsurance
gpercentage gis gshown gon gthe gDeclarations gpage, gand gthe gproperty gamount gof
gcoverage, gbased gon gthat gpercentage, gis gpurchased.
All gof gthe gfollowing gwould gbe gconsidered g"uninsured gmotorists", gEXCEPT: g- gANS-
A gmotorist gdriving gwith gcoverage gup gto gthe grequired gstate gfinancial gresponsibility
glimits gfor gliability, gbut gnot ghigh genough gto gpay gthe gclaims gfor gan gat-fault gaccident.
Regulation gof gthe ginsurance gindustry gin gthe gUnited gStates gis gprimarily gleft gto: g-
gANS-State ggovernments.
Which gof gthe gfollowing gcoverages gdoes gNOT gneed gto gbe gadded gto ga gGarage
gCoverage gform gby gendorsement gfor gcoverage gto gapply? g- gANS-Collision.
Chaz gtakes ghis ggirlfriend gto gan gexpensive grestaurant gfor gValentine's gDay. gIt gis
graining, gso ghe gdecides gto ghave gthe gvalet gpark ghis gcar, gsaving ghis ggirlfriend gfrom
, ggetting gwet. gThe gvalet gis gdriving gthe gcar ginto gthe grestaurant's gparking ggarage,
gwhen ghe gclips gthe gside gof gthe ggarage gentrance gwith gthe gfront gfender gof gChaz's
gcar. gThe ggarage gwall gneeds gto gbe grepaired gas gwell gas gthe gfender gand gheadlight
gof gChaz's gcar. gHow gwould gPart gD gof gChaz's gPersonal gAutomobile grespond gto
gthis gloss? g- gANS-It gwould gcover gthe gloss gto gChaz's gcar gbecause git gis gthe
ginsured gautomobile, gbut gwould gnot gcover gthe gdamage gto gthe ggarage..
Which gof gthe gfollowing gstatements gis gTRUE gregarding gthe gcoverage gextension gof
gthe gstandard gBusinessowners gpolicy gfor g"Business gPersonal gProperty gTemporarily
gin gPortable gStorage gUnits"? g- gANS-Coverage gwill gnot gapply gif gthe gstorage gunit
ghas gbeen gon gthe ginsured gpremises gfor glonger gthan g90 gdays, geven gif gthe
gbusiness gpersonal gproperty ghas gonly gbeen gstored gthere gfor gless gthan g90 gdays.
Which gof gthe gfollowing gwould gbe gconsidered ga gPart gD g- gOther gThan gCollision
gclaim gunder ga gPersonal gAutomobile gclaim? g- gANS-A gload gof gbricks gfalling gfrom
gan gapartment gbuilding gonto gthe gcar.
The gSection gI gAdditional gCoverage gof gthe gstandard gBusinessowners gpolicy
gprovides gcoverage gfor g"Debris gRemoval". gWhich gof gthe gfollowing gstatements gbest
gdescribes gthe glimit gfor gthis gcoverage? g- gANS-The gtotal glimit gmay gbe gup gto g25%
gof gthe gpolicy glimit gfor gthe gloss gpayable gwith gthe gdeductible gincluded, gplus gup gto
gan gadditional g$25,000 gif gthe gpolicy glimits gare gexhausted
An gagent, ginsured gor gclaimant ghas gintentionally gdeceived gan ginsurer gfor gfinancial
ggain. gSuch gan gact gis gknown gas: g- gANS-Fraud
Which gof gthe gfollowing glosses gwould gbe gcovered gunder ga gCommercial gProperty
gpolicy gwith gthe gspecial gcause gof gloss gform gattached? g- gANS-A gfire gthat gbreaks
gout gin gan goffice gbuilding gand gcauses gdamage gto gtwo gof gthe goffices..
If gthe gNavigational gLimits gor gLay-Up gperiod gshown gon gthe gDeclarations gpage gof ga
gstandardized gYacht gpolicy gis gbreached gbecause gof gsomething gout gof gthe gcontrol
gof gthe ginsured: g- gANS-The ginsurer gmust gbe gnotified gwithin g10 gdays gafter gthe
gbreach gand gany gadditional gpremium gthat gis gdue gmust gbe gpaid.
Which gof gthe gfollowing gis gNOT geligible gfor ga gcoverage gunder ga gHomeowners
ginsurance gpolicy? g- gANS-Owner-occupants gof ga g5 gto g6-family gdwelling
Cameron ghas ghis ghome gcovered gunder ga gHomeowners gpolicy gand ghis glimit gfor
gbodily ginjury gis g$100,000. gHe galso gpurchased ga gPersonal gUmbrella gpolicy gwith ga
g$1,000,000 glimit gof gliability. gCameron gis gsued gand ga gjudgement gwas gmade
gagainst ghim gfor g$500,000. gTo gtrigger ghis gUmbrella gpolicy, ghis gHomeowners gpolicy
gmust gpay g$100,000, gbut ghe gfinds gthat gthe ginsurance gcompany gfrom gwhich ghe
gpurchased ghis gHomeowners gpolicy ghas gbecome ginsolvent. gHow gwill gthe gUmbrella
ginsurer gpay gthe gclaim g(disregarding gany gretention glimit)? g- gANS-The gUmbrella
gpolicy gwill gnot gbecome gprimary gwhen gthe ginsurer gcarrying gthe gunderlying
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