Examination
180 minutes
Instructions:
1. Read each question carefully.
2. Answer all questions.
3. Use the provided answer sheet to mark your responses.
4. Ensure all answers are final before submitting the exam.
5. Please answer each question below and click Submit when you have completed
the Exam.
6. This test has a time limit, The test will save and submit automatically when the
time expires
7. This is Exam which will assess your knowledge on the course Learning
Resources.
Good Luck!
, For Inquiries🤔 about This or 📑Any Other Exam 📱HMU
📧 Hybridgrades101@gmail.com
State Insurance Claims Adjusters Certification 2024-
2025
Georgia G.A Adjuster Laws, Rules, Regulations
Pertinent Exam Review Questions and Answers | 100%
Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
The Georgia Commissioner of Insurance is elected to
office for a period of ___ years. - =Answer>> 4
U.S. Congress has assigned most aspects of insurance
regulation to the individual states. - =Answer>>
National Association of Insurance Commissioners
(NAIC):
-Non-profit organization
-Drafts model legislation addressing emerging
problems in industry
-Helps keep state laws uniform while maintaining more
localized control
Insurance Commissioners - =Answer>> The states
elect Insurance Commissioners to regulate the
insurance industry.
State commissioners and departments of insurance are
responsible for:
-Maintaining insurer solvency
-Regulating rates
-Protecting consumers
-Making insurance available for all individuals
Insurance and Safety Fire Commissioner - =Answer>>
The Georgia Commissioner protects state residents by
making and enforcing insurance rules and regulations
based on state law.
Need Writing 📝Help? We've Got You Covered! ✍️
100% NO A I or Plagiarism Guaranteed🎯
💬 Chat with us here: 📧 Hybridgrades101@gmail.com
, For Inquiries🤔 about This or 📑Any Other Exam 📱HMU
📧 Hybridgrades101@gmail.com
-Elected position
-Four year term
-Can appoint deputies
-Attorney general decides legality of rules if disputed
-Must not have financial interest in any insurance
company or agency
An insurer who is domiciled in another state and is
authorized to do business in Georgia is known as a(n)
_____________ insurer. - =Answer>> foreign
________________ is verbally suggesting that an insurer
may not be in a position to pay claims - =Answer>>
Defamation
A temporary license can be issued for a maximum of
___ months. - =Answer>> 15
A Homeowners policy may be cancelled by an insurer
by mailing advance notice of ___ days to the named
insured. - =Answer>> 30
The minimum limits for ____________________ coverage
that may be written in Georgia are 25/50/25. -
=Answer>> 25/50/25
What is the difference between a per occurrence limit
and an aggregate limit? - =Answer>> An aggregate
limit is the most a policy will pay for total losses within
the policy period. Per occurrence is the most that will
be paid per occurrence or accident.
What does an Occurrence form pay for? - =Answer>>
Bodily Injury and Property Damage that occurs during
the policy period, even if the loss is not discovered or
reported until months or years after the policy expired.
Need Writing 📝Help? We've Got You Covered! ✍️
100% NO A I or Plagiarism Guaranteed🎯
💬 Chat with us here: 📧 Hybridgrades101@gmail.com
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller StarScoreGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
