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
Alabama Adjuster Exam Review Questions with Correct
Answers | 100% Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
Define: Full liability - =Answer>> The policyholder is
100% at fault for damages to a third party
Define: Partial liability - =Answer>> The third party
is responsible for a percentage of his own damages
Define: Compensatory damages - =Answer>>
Awards money for tangible and intangible damages
Define: Special damages - =Answer>> Money
awarded for exact value of tangible damages
Define: General damages - =Answer>> Money
awarded for intangible, emotional damages decided by
court
Define: Punitive damages - =Answer>> Awards
money for malicious, willful misconduct on the part of
the tortfeasor
Define: Statute of limitation - =Answer>> A plaintiff
has a limited time to file a complaint after an
occurrence
Define: Wrongful death act - =Answer>> Protects
parties associated with a death caused by negligence
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
Define: Waiver of sovereign immunity - =Answer>>
Individuals may sue government entities in certain
cases
Define: Workers' compensation law - =Answer>>
Keeps employees from suing their employers for
injuries
Define: Auto no-fault laws - =Answer>> Keeps
people from suing drivers for damages due to
motorized vehicles
Define: Breach of product warranty - =Answer>>
Manufacturers are strictly liable for producing faulty or
dangerous products
Define: No liability - =Answer>> The policyholder has
0% or, no liability in the damages to a third party
Define: Liability policy limits - =Answer>> Maximum
payout for each policy
Define: Single limit - =Answer>> A fixed limit for
each type of damage
Define: Claimant - =Answer>> A person or entity
that requests indemnification for losses under the
terms of an insurance policy
Define: Adjuster - =Answer>> Person who
investigates, evaluates, and negotiates claims arising
under insurance contracts
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
Define: Adjusting - =Answer>> The process of
comparing a claimant's losses to the promises made in
an insurance policy
Define: Staff adjuster - =Answer>> Salaried
employee of an adjuster
Define: Independent adjuster - =Answer>> Self-
employed, contracts with insurers or bureaus, paid by
schedule, or time + expense
Define: Public adjuster - =Answer>> Hired by the
insured, usually paid commission
Define: Emergency adjuster - =Answer>>
Temporarily licensed to service the many claims
arising from catastrophes
What are the three different split limits? - =Answer>>
Maximum paid for bodily injury of one person
Maximum paid for bodily injury of multiple persons
Maximum paid for property damage
What are the two different aggregate limts? -
=Answer>> Maximum payout per occurrence
Maximum payout per policy period
The term "jurisdiction" means:
A. The body of law that addresses and provides
remedies for any civil wrongdoing performed on
another party
B. The authority of a court or judge to hear a case and
to make a judgment
C. The designation of a geographic area over which a
particular court has jurisdiction
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 $14.49. You're not tied to anything after your purchase.
