General lines adjuster - Study guides, Class notes & Summaries

Commercial general liability ( CGL) - Answer 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 - Answer Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called _______ liability - Answer "Errors and omissions" The most common cause of action in a pr...

Texas all lines adjuster license commercial general liability chapter 8 Question with answers 100% correct 2023

Customer representative - answer-appointed by a general lone agent or agency to assist in transacting the business of insurance General lines agent - answer-a persons transacting one or more of insurance Property & casualty - answer-includes commercial liability, a underwritten by a risk retention group, or as a workers compensation self- insurance fund Health agent - answer-agent representing an hmo, or as to health insurance only, an insurer transacting health insurance Home stat...

Florida 6-20 All Lines Adjuster Test Questions with 100% Verified Correct Answers 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 statutes reg...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Texas General Lines - Property and Casualty (Law and Regulations) Questions with 100% Correct Answers Licensing Purpose For the protection of the public of this state. Individuals must satisfy the following to be eligible to get a license: -18 years of age or older -Resident of state -Passed exam and pay fees -Filed application and submitted a fingerprint card -Not license for the purpose of selling to themselves, family, or employees Refuse to issue any license if: -Material ...

Texas all lines adjuster license commercial general liability chapter 8 2023/2024

Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company -Correct Answer B. A general lines agent or a general lines insurance agency Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? Select one: A. After 60 days in Fl...

B. A general lines agent or a general lines insurance agency - Answer Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - Answer Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? ...

Florida 2-20 Exam Questions and Answers 100% Pass B. A general lines agent or a general lines insurance agency - Correct Answer ️️ -Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - Correct Answer ️️ -Mr. Smith lives in New Jersey but visits Florida each year. Wh...