Rhode island adjuster - Study guides, Class notes & Summaries

Rhode Island Adjuster's Exam

Rhode Island Adjuster Exam Spring Questions and Answers with Certified Solutions | Verified | Latest Update 2024 | Graded A+ how many days does the insurer have to send out forms when notified of an incident? 10 days at what time is the policy effective? 12:01 am what is the main difference between a non-waiver agreement and a ror? -non-waiver is signed by the insured and insurer -ror is a letter if an insured is covered by 2 policies on one loss and the ins. companies settle it, what claus...

How many days does the insurer have to send out forms when notified of accident? ten days At what time is the policy effective? 12:01 am What are the financial responsibility limits in Rhode Island? 25/50/25 By virtue of payment, the insurance company assumes the rights of the insured to pursue the responsible party for damages only to the extent of the insurance company's payment, and as a service, the insurance company will attempt to recover the insured's deductible. What does this d...

All employers who apply for approval to self insure shall pay an application fee based on what? The number of employees What is the application fee for a company with 1000 or more employees? $500.00 If an employer is approved to self insure from the director, what happens to the application fee? The application fee is applied as a credit to reduce the amount of the assessment apportioned to that employer pursuant to subdivision (b)3 of this section Non Work related injuries that are not co...

Rhode Island Property and Casualty Adjuster Test Spring Questions and Answers Rated A+ Who revokes an adjusters license in Rhode Island? Insurance Commissioner While driving a rental car the insured wrecks it. Where is payment made under? Part A- Property Damage UMPD has what deductible? $200 UMPD deductible is not applied if you are struck where? Rear of the car State minimums in RI are: 25/50/25 RI has what type of negligence for auto claims? Pure comparative How many days do yo...

ten days correct answersHow many days does the insurer have to send out forms when notified of accident? 12:01 am correct answersAt what time is the policy effective? 25/50/25 correct answersWhat are the financial responsibility limits in Rhode Island? subrogation correct answersBy virtue of payment, the insurance company assumes the rights of the insured to pursue the responsible party for damages only to the extent of the insurance company's payment, and as a service, the insurance c...

Rhode Island Workers Compensation Adjusters Exam Questions and Answers Rated A+ All employers who apply for approval to self insure shall pay an application fee based on what? The number of employees What is the application fee for a company with 1000 or more employees? $500.00 If an employer is approved to self insure from the director, what happens to the application fee? The application fee is applied as a credit to reduce the amount of the assessment apportioned to that employer pu...

HOW MANY DAYS DOES THE INSURER HAVE TO SEND OUT FORMS WHEN NOTIFIED OF AN INCIDENT? - 10 DAYS AT WHAT TIME IS THE POLICY EFFECTIVE? - 12:01 AM WHAT IS THE MAIN DIFFERENCE BETWEEN A NON-WAIVER AGREEMENT AND A ROR? - -NON-WAIVER IS SIGNED BY THE INSURED AND INSURER -ROR IS A LETTER IF AN INSURED IS COVERED BY 2 POLICIES ON ONE LOSS AND THE INS. COMPANIES SETTLE IT, WHAT CLAUSE WOULD THIS BE UNDER? - OTHER INSURANCE CLAUSE WHEN AN INSURED REQUESTS STATUS UPDATE, HOW MANY DAYS DOES THE ADJ...

Rhode Island Adjuster Exam Spring Questions and Answers Graded A+ how many days does the insurer have to send out forms when notified of an incident? 10 days at what time is the policy effective? 12:01 am what is the main difference between a non-waiver agreement and a ror? -non-waiver is signed by the insured and insurer -ror is a letter if an insured is covered by 2 policies on one loss and the ins. companies settle it, what clause would this be under? other insurance clause ...