Insurance Adjuster Test Questions With 100% Verified Correct Answers 2024/2025
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Insurance Adjuster
Insurance Adjuster Test Questions With 100% Verified Correct Answers 2024/2025
Which type of coverage relates to damage to or destruction of detached structures in a typical homeowners policy?
Coverage B
Coverage A
Coverage D
Coverage C - Correct Answer Cov B
The unfair trade practi...
Insurance Adjuster Test Questions With 100%
Verified Correct Answers 2024/2025
Which type of coverage relates to damage to or destruction of detached structures in a typical
homeowners policy?
Coverage B
Coverage A
Coverage D
Coverage C - Correct Answer Cov B
The unfair trade practice of offering inducements for the purchase of insurance is called?
controlled business
rebating
misrepresentation
false advertising - Correct Answer rebating
In which type of group life insurance policy may the holder allocate the net premiums to one or more
of several investment accounts?
Group variable universal life insurance
Group universal life insurance
Comprehensive long-term care insurance
,Yearly renewable term insurance - Correct Answer Group variable universal life insurance
Which of the following distinguishes the conditions of the standard business owners' policy from
those of the standard commercial package policy?
The standard commercial package policy extends automatic business income and peak season
coverage
The standard business owners' property coverage form is different than the building property
coverage form
Many of the coverages that are automatic for the standard business owners' policy are optional for
the standard commercial package policy
Many of the coverage's that are automatic for the standard commercial package policy are optional
for the standard business owners' policy - Correct Answer Many of the coverage's that are automatic
for the standard business owners' policy are optional for the standard commercial package policy
How much of a property must be unoccupied for it to be defined as vacant by the standard
commercial property policy?
40 percent
25 percent
30 percent
50 percent - Correct Answer 30 percent
With regard to homeowners insurance, business is defined as any activity that has?
Both revenue and continuity.
, continuity
revenue
Neither revenue nor continuity - Correct Answer Both revenue and continuity.
An expense plan that indicates an employer will reduce benefits for persons over the age of 65 to the
extent that they are payable under Medicare for the same expense is known as a?
Medicare secondary rule
Medicare supplement
Medicare carve-out
maturity value benefit - Correct Answer Medicare carve-out
Which of the following vehicles would NOT be defined as mobile equipment by the standard
business auto policy?
Bulldozer
Snowplow
Farm machinery
Forklift - Correct Answer snowplow
Which of the following events would NOT be covered by the standard dwelling policy?
Losses caused by spacecraft
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