Insurance Adjuster Test Questions and Answers (100% Pass)
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Course
Insurance Adjuster
Institution
Insurance Adjuster
Lloyds of London was most known for insuring what product?
Tobacco Shipments
How did the Chinese families use the concept of pooling to protect their
crops?
Divided shipments to multiple ships
The chinese were credited with being the first to create the concept of
insurance. The main meth...
they dried out. What part of Chapter 541-Unfair and Deceptive Incurance
practices would protect him?
✓ Refusing to pay a claim without conducting a reasonable investigation
with respect to the claim
Failing to attempt, in good faith, to effectuate a prompt, fair, and equitable
settlement of a claim with respect to which the insurer's liability has become
reasonably clear." is an example of what?
✓ Unfair Trade Practices
What is the purpose of the National Association of Insurance Commissioners?
✓ To help develop national standards for insurance
What is the time period that an insurance company has to acknowledge the
receipt of a claim made by an insured?
✓ 15 Days
Texas insurance code requires the insurance company to do several things
within 15 days of receiving a claim. Which of the following is NOT required
within 15 days?
Master01 | October, 2024/2025 | Latest update
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