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Texas All Lines Adjuster Laws & Regulation Review Quiz Questions And Answers.
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Texas All Lines Adjuster Laws & Regulation Review Quiz Questions And Answers.
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Texas All Lines Adjuster Laws &Regulation Review Quiz Questions And
Answers
All ,.of ,.the ,.following ,.are ,.exempted ,.from ,.the ,.requirement ,.of ,.an ,.adjuster's ,.license ,.examination ,.exc
ept: ,.A. ,.Those ,.persons ,.holding ,.CPCU ,.designation; ,.B. ,.those ,.persons ,.adjusting ,.workers ,.compensatio
n ,.claims; ,.C. ,.Those ,.persons ,.who ,.have ,.received ,.the ,.Associate ,.in ,.Claims ,.(AIC) ,.designation; ,.D. ,.Those
,.persons ,.who ,.have ,.a ,.certificate ,.of ,.completion ,.showing ,.that ,.within ,.the ,.past ,.12 ,.months ,.the ,.applic
ant ,.has ,.completed ,.a ,.certified ,.adjuster ,.prelicensing ,.education ,.program ,.and ,.passed ,.the ,.state ,.exam
ination. ,.- ,.correct ,.answers ,.✔✔ ,.-
B. ,.A ,.person ,.adjusting ,.workers ,.compensation ,.claims ,.is ,.not ,.exempt.
All ,.of ,.the ,.following ,.are ,.qualifications ,.of ,.applicants ,.for ,.an ,.adjuster ,.license ,.in ,.Texas ,.except: ,.A. ,.is ,.a
t ,.least ,.25 ,.yrs. ,.of ,.age; ,.B. ,.resides ,.in ,.this ,.state ,.or ,.a ,.state ,.that ,.permits ,.a ,.resident ,.of ,.this ,.state ,.to ,.
act ,.as ,.an ,.adjuster ,.in ,.that ,.state; ,.C. ,.is ,.trustworthy; ,.D. ,.has ,.passed ,.the ,.required ,.examination ,.or ,.pre
sents ,.evidence ,.that ,.the ,.applicant ,.has ,.been ,.exempted ,.from ,.the ,.examination. ,.- ,.correct ,.answers ,.✔
✔ ,.-A. ,.Applicants ,.must ,.be ,.at ,.least ,.18 ,.yrs. ,.of ,.age.
An ,.emergency ,.adjuster ,.license ,.is ,.effective ,.for ,.a ,.period ,.not ,.to ,.exceed: ,.A. ,.180 ,.days ,.B. ,.120 ,.days; ,.
C. ,.90 ,.days; ,.D. ,.60 ,.days. ,.- ,.correct ,.answers ,.✔✔ ,.-
C. ,.An ,.emergency ,.license ,.is ,.effective ,.for ,.a ,.period ,.not ,.to ,.exceed ,.90 ,.days. ,.The ,.commissioner ,.may ,.
extend ,.the ,.term ,.of ,.the ,.emergency ,.license ,.for ,.an ,.additional ,.period ,.of ,.90 ,.days.
A ,.licensed ,.adjuster ,.must ,.notify ,.the ,.commissioner ,.if ,.the ,.adjuster ,.changes ,.the ,.location ,.of ,.the ,.adju
ster's ,.place ,.of ,.business: ,.A. ,.Within ,.10 ,.days; ,.B. ,.Within ,.20 ,.days; ,.C. ,.Within ,.30 ,.days; ,.D. ,.Notification ,.
must ,.be ,.made ,.promptly ,.- ,.correct ,.answers ,.✔✔ ,.-
D. ,.A ,.licensed ,.adjuster ,.shall ,.promptly ,.notify ,.the ,.commissioner ,.if ,.the ,.adjuster ,.changes ,.the ,.location
,.of ,.the ,.adjuster's ,.place ,.of ,.business.
All ,.licensees ,.must ,.complete ,.________ ,.hours ,.of ,.continuing ,.education ,.within ,.each ,.reporting ,.period
. ,.A. ,.15; ,.B. ,.20; ,.C. ,.24; ,.D. ,.30 ,.- ,.correct ,.answers ,.✔✔ ,.-
D. ,.All ,.licensees ,.must ,.complete ,.30 ,.hours ,.of ,.continuing ,.education ,.within ,.each ,.reporting ,.period. ,.Ho
wever, ,.limited ,.lines ,.licensees, ,.those ,.selling ,.life ,.insurance ,.not ,.exceeding ,.
, $15,000 ,.and ,.county ,.mutual ,.agents ,.are ,.required ,.to ,.comlete ,.10 ,.hours ,.of ,.continuing ,.education ,.duri
ng ,.each ,.reporting ,.period.
Which ,.one ,.of ,.the ,.following ,.is ,.not ,.an ,.example ,.of ,.an ,.unfair ,.claim ,.settlement ,.practice? ,.A. ,.Knowing
ly ,.misrepresenting ,.pertinent ,.facts ,.to ,.claimants; ,.B. ,.Failing ,.to ,.acknowledge ,.communication ,.within ,.a
,.reasonably ,.prompt ,.period; ,.C. ,.Failing ,.to ,.examine ,.a ,.claimant ,.under ,.oath; ,.D. ,.Not ,.attempting ,.in ,.go
od ,.faith ,.to ,.promptly ,.settle ,.a ,.claim ,.when ,.liability ,.is ,.clear. ,.- ,.correct ,.answers ,.✔✔ ,.-
C. ,.The ,.right ,.to ,.examine ,.policyholders ,.under ,.oath, ,.in ,.the ,.case ,.of ,.questionable ,.claims ,.or ,.potential ,
.fraud, ,.is ,.a ,.right ,.of ,.an ,.insurer ,.during ,.a ,.claim ,.investigation ,.and ,.is ,.part ,.of ,.the ,.contractural ,.agreem
ent ,.between ,.the ,.insurer ,.and ,.the ,.insured. ,.Failing ,.to ,.do ,.so ,.does ,.not ,.constitute ,.a ,.violation ,.of ,.the ,.
state's ,.unfair ,.claims ,.settlement ,.practices.
A ,.contract ,.that ,.provides ,.insurance ,.coverage ,.for ,.up ,.to ,.30 ,.days, ,.pending ,.the ,.issuance ,.of ,.the ,.perm
anent ,.policy, ,.is ,.called ,.a: ,.A. ,.binder; ,.B. ,.endorsement; ,.C. ,.lender; ,.D. ,.remedy ,.- ,.correct ,.answers ,.✔✔ ,.
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A. ,.A ,.binder ,.is ,.a ,.contract ,.that ,.provides ,.temporary ,.insurance ,.coverage ,.for ,.up ,.to ,.30 ,.days, ,.pending ,
.the ,.issuance ,.of ,.the ,.permanent ,.policy. ,.Lenders ,.must ,.accept ,.binders ,.issued ,.by ,.properly ,.appointed ,
.and ,.licensed ,.agents.
What ,.happens ,.when ,.a ,.married ,.couple ,.who ,.jointly ,.owns ,.residential ,.property ,.divorces ,.during ,.the ,.
term ,.of ,.their ,.homeowners ,.insurance ,.policy? ,.A. ,.Both ,.insureds ,.must ,.reapply ,.for ,.separate ,.insuranc
e ,.on ,.the ,.property; ,.B. ,.The ,.owner's ,.must ,.decide ,.who ,.will ,.become ,.the ,.named ,.insured ,.and ,.transfer
,.ownership ,.of ,.the ,.insurance ,.policy ,.to ,.that ,.person; ,.C. ,.The ,.insurance ,.remains ,.in ,.effect, ,.and ,.the ,.in
terests ,.of ,.both ,.owners ,.are ,.covered ,.as ,.long ,.as ,.the ,.policy ,.exists ,.or ,.as ,.long ,.as ,.the ,.policy ,.is ,.not ,.ca
ncelled; ,.D. ,.The ,.insurer ,.has ,.the ,.option ,.to ,.continue ,.the ,.policy ,.that ,.is ,.in ,.force ,.or ,.require ,.the ,.insur
eds ,.to ,.apply ,.for ,.new ,.and ,.separate ,.policies. ,.- ,.correct ,.answers ,.✔✔ ,.-
C. ,.A ,.homeowners ,.or ,.fire ,.insurance ,.policy ,.issued ,.in ,.Texas ,.must ,.contain ,.a ,.provision ,.that ,.the ,.polic
y, ,.if ,.issued ,.to ,.cover ,.community ,.property, ,.will ,.remain ,.in ,.full ,.force ,.and ,.effect ,.as ,.to ,.the ,.interest ,.o
f ,.each ,.spouse ,.irrespective ,.of ,.divorce ,.or ,.change ,.of ,.ownership ,.between ,.the ,.spouses. ,.The ,.spouses ,.
or ,.former ,.spouses ,.may ,.apply ,.for ,.separate ,.insurance, ,.but ,.the ,.law ,.does ,.not ,.require ,.them ,.to ,.do ,.s
o.
All ,.of ,.the ,.following ,.statements ,.regarding ,.arbitration ,.agreements ,.are ,.correct ,.except: ,.A. ,.the ,.agree
ment ,.must ,.be ,.in ,.writing ,.to ,.be ,.enforced; ,.B. ,.one ,.party ,.may ,.revoke ,.the ,.agreement ,.by ,.providing ,.t
he ,.fair ,.value ,.for ,.the ,.disputed ,.loss; ,.C. ,.arbitration ,.agreement ,.clauses ,.must ,.be ,.included ,.in ,.all ,.prop
erty ,.and ,.casualty ,.policies ,.in ,.Texas; ,.d. ,.the ,.agreement ,.must ,.exist ,.before ,.the ,.dispute ,.arises ,.for ,.arb
itration ,.to ,.take ,.place. ,.- ,.correct ,.answers ,.✔✔ ,.-
C. ,.Property ,.insurance ,.contracts ,.may ,.contain ,.a ,.clause ,.that ,.allows ,.the ,.insurer ,.and ,.insured ,.to ,.arbit
rate ,.a ,.disagreement ,.about ,.the ,.amount ,.to ,.be ,.paid ,.for ,.a ,.claim ,.if ,.the ,.agreement ,.is ,.in ,.writing, ,.if ,.t
he ,.controversy ,.exists ,.at ,.the ,.time ,.the ,.agreement ,.is ,.made ,.and ,.if ,.the ,.controversy ,.arises ,.between ,.t
he ,.parties ,.after ,.the ,.date ,.of ,.the ,.agreement. ,.The ,.agreement ,.may ,.be ,.revoked ,.by ,.either ,.party ,.for ,.
a ,.lawful ,.reason ,.by ,.providing ,.the ,.fair ,.value ,.of ,.the ,.contract.
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