General lines adjuster - Study guides, Class notes & Summaries

Texas all lines adjuster license commercial general liability chapter 8

Commercial general liability ( CGL) correct answers This covers business liability hazards that are not covered under more specialiazed forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL correct answers Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called _______ liability correct answers "Errors and omissions" The most common ca...

Texas all Lines Adjuster License Commercial General Liability Chapter 8 Exam Questions and Complete Solutions

Texas all lines adjuster license commercial general liability chapter 8

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - Correct Answer -A. Field Report States have adopted statute...

Texas all lines adjuster license commercial general liability chapter 8 Exam Questions and Answers

Texas all lines adjuster license commercial general liability chapter 8

Texas all lines adjuster license commercial general liability chapter 8

Texas all lines adjuster license commercial general liability chapter 8 Test Questions and Answers

1. 1. The insured carries a BOP policy with protective systems such as a sprinkler system. If the system becomes inoperative, the insured must advise the insurance company of the problem within if the system cannot be restored to working order: 48 hours Your Answer 2. 2. Tina has two policies (Policy X and Policy Y) that cover the same risk on a pro rata basis. Policy X has a limit of $100,000 and Policy Y has a limit of $25,000. When Tina suffers a loss totaling $75,000, how will the two pol...