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Hawaii Adjusters Practice Test Latest Update Actual Exam with Questions and 100% Verified Correct Answers Guaranteed A+ At First Attempt Verified By Professor$20.49
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Hawaii Adjusters Practice Test Latest Update Actual Exam with Questions and 100% Verified Correct Answers Guaranteed A+ At First Attempt Verified By Professor
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Course
Hawaii Adjusters Practice
Institution
Hawaii Adjusters Practice
Hawaii Adjusters Practice Test Latest Update Actual Exam with Questions and 100% Verified Correct Answers Guaranteed A+ At First Attempt Verified By Professor
Hawaii Adjusters Practice Test Latest Update
2024-2025 Actual Exam with Questions and 100%
Verified Correct Answers Guaranteed A+ At First
Attempt Verified By Professor
A Commercial General Liability form provides automatic coverage for newly acquired
organizations for up to - CORRECT ANSWER: 90 Days
A contractor in need of a bid bond to obtain a contract is an example of a(n): -
CORRECT ANSWER: Principal
A judgement has been levied against an unauthorized insurer at an administrative
proceeding in Hawaii. If the unauthorized insurer does not pay the judgement within 30
days, the court may add: - CORRECT ANSWER: 12.5% of the judgement to be added
to allow for reasonable attorney's fees and any other fees necessary
An applicant for an agent, producer, or adjuster license in Hawaii has failed the state
licensing exam for their line of insurance two times. What is the waiting period before
this applicant may take the same state licensing exam again? - CORRECT ANSWER: 6
Months
An insurer has violated the insurance laws of Hawaii. The Attorney General on behalf of
the Insurance Commissioner seeks an action in forfeiture against the insurer. What is
the penalty that can apply each day that the violation continues? - CORRECT
ANSWER: $10,000
An insurer or licensee must respond in writing to an inquiry from the Hawaii Insurance
Commissioner regarding a consumer complaint within: - CORRECT ANSWER: 15 Days
Any person that knowingly violates the provisions concerning the handling of a Personal
Injury Protection (PIP) motor vehicle insurance applications or the provisions concerning
cancellation or nonrenewal of PIP insurance, will be subject to a civil penalty up to: -
CORRECT ANSWER: $1,000
, Any person who violates any provision of the Code for which another penalty is not
specified may be subject to a fine of not less than ______nor more than ______, or by
imprisonment for up to one year. - CORRECT ANSWER: $100/$10,000
Any person who violates any provision of the Hawaii Insurance Code may be subject to
a monetary penalty of - CORRECT ANSWER: Not less than $100 nor more than
$10,000
By what means may each member insurer of the Hawaii Insurance Guaranty
Association recoup assessments they have paid? - CORRECT ANSWER: By placing a
surcharge on premiums
Garagekeepers specified causes of loss coverage would apply to each of the following,
EXCEPT:
Fire, Windstorm, Falling Objects, or Lightening - CORRECT ANSWER: Windstorm
How are losses settled under a typical inland marine policy? - CORRECT ANSWER:
Actual Cash Value
How do eligibility requirements of homeowner and dwelling policies differ? - CORRECT
ANSWER: Homeowner policies require that the named insured reside at the described
premises while dwelling policies do not
How long must a foreign or alien insurer have transacted business elsewhere in order to
transact business in Hawaii? - CORRECT ANSWER: 5 Years
How much is a foot worth - CORRECT ANSWER: 205 weeks
How much is a hand worth? - CORRECT ANSWER: 244 Weeks
How much is a leg worth - CORRECT ANSWER: 288 Weeks
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