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ALASKA ADJUSTER! EXAM 2024 WITH 100% ACCURATE ANSWERS
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ALASKA ADJUSTER! EXAM 2024 WITH 100% ACCURATE ANSWERS
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ALASKA ADJUSTER! EXAM 2024 WITH100% ACCURATE ANSWERS
, ALASKA ADJUSTER! EXAM 2024 WITH
100% ACCURATE ANSWERS
Contributory Negligence - correct answersWhich of the following prevents someone from collecting
payment for negligence under the laws of some states?
contract of adhesion - correct answersSince the insurance company drafts the insurance contract and it
is not negotiable, if it is found to be ambiguous the courts will interpret the contract against the party
that prepared it. This is an example of
endorsement - correct answersA written modification of an insurance policy is known as
The coverage trigger - correct answersWhen an insurance agent is writing a CGL policy and he/she has a
choice of using an "occurrence" form or a "claims-made" form, he/she should be aware that the main
difference between the two forms is
A jeweler's block policy - correct answersAn inland marine coverage which covers a store that has an
average inventory of $250,000 or less of jewelry would need
Instrumentalities - correct answersWith inland marine insurance bridges, tunnels, and communication
towers are referred to as
Retroactive date - correct answersThe claims-made form of the CGL is designed to cover losses that are
reported during the policy period. In order to limit the insurer's exposure to events that happened prior
to the inception of the current policy, a ______ is used to exclude coverage for occurrences prior to that
point.
$100 Billion - correct answersUnder the Terrorism Risk Insurance Program Reauthorization Act of 2015,
the maximum limit for the Act for total claims paid under the Act by either private insurers or the
government is still limited to
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