California adjuster test - Study guides, Class notes & Summaries

P+C practice test cards all answers correct Which type of protection can a casualty licensee offer in addition to protecting against loss or damage of property? They can provide coverage to protect against legal liability. The Managing General Agent negotiates and binds ceding insurance on behalf of whom? The insurer Who is able to place business through the California Automobile Assessed Risk Program? only agent/brokers licensed in fire and casualty who have also been certified throu...

TDI DISASTER EXAM VERIFIED QUESTIONS AND ANSWERS 2023/2024 VERSION ACTUAL TEST GRADED A Quiz 1 1. If Lowest Cost Insurance Company chooses to accept his application for insurance, the insurer is the risk? • Retaining (Correct Answer) • Reducing •Avoiding • Transferring 2. If Lowest Cost Insurance Company declines his application for insurance, the insurer is the risk? • Retaining • Reducing •Avoiding (Correct Answer) • Transferring 3. Mr. Jones' heart atta...

All Lines Adjuster Test Questions and Answers When that was charge for engaging in practice is prohibited by the DTPA he was shocked "but had no intention of being misleading" he said his lawyer had to sit in a straight. Matt all of the adjectives that describe practices prohibited under the DTPA ______ is not one of them {{Ans- True Which of the Following persons are NOT considered a family member as defined in the personal auto policy? {{Ans- The names insured's mother, Claire, lives o...

PHR-CA Exam 145 Questions with Verified Answers Accident - CORRECT ANSWER Unplanned sequence of events that results in undesirable consequences Alternative workweek - CORRECT ANSWER Any regularly scheduled workweek requiring an employee to work more than eight hours in a 24-hour period Adverse employment action - CORRECT ANSWER Employment action (such as termination, demotion, etc.) that either materially affects the terms and conditions of employment or would deter an individual from e...

Business Owner Package (BOP) - ANSWER bundles property, liability, and income protection in a single package. Sometimes referred to as homeowner's insurance for businesses. Is inflation coverage (guard) feature typically found in a BOP? - ANSWER Yes What is the value feature in a BOP? - ANSWER Replacement Cost What are the two basic types of coverage in a Commercial Package Policy? - ANSWER Liability and Property coverages What is a surety bond? - ANSWER A contra...

California Laws and Ethics Pertinent to Insurance Questions and Answers 100% Pass The California Insurance Code defines "policy" as a(n) accepted offer promissory arrangement written contract written quotation written contract A "policy" as described by the California Insurance Code is a written contract in which one party promises to indemnify another against loss that arises from an unknown event. The California Insurance Code allows an individual how many days to cancel a life poli...

All Lines Adjuster Test with answer already solved 2023When that was charge for engaging in practice is prohibited by the DTPA he was shocked "but had no intention of being misleading" he said his lawyer had to sit in a straight. Matt all of the adjectives that describe practices prohibited under the DTPA ______ is not one of them True Which of the Following persons are NOT considered a family member as defined in the personal auto policy? The names insured's mother, Claire, lives o...

Business Owner Package (BOP) - ANSWER bundles property, liability, and income protection in a single package. Sometimes referred to as homeowner's insurance for businesses. Is inflation coverage (guard) feature typically found in a BOP? - ANSWER Yes What is the value feature in a BOP? - ANSWER Replacement Cost What are the two basic types of coverage in a Commercial Package Policy? - ANSWER Liability and Property coverages