CT Casualty Adjuster-ALL LINES Final Exam Questions With Verified Solutions.
6 views 0 purchase
Course
Connecticut Insurance Claims Adjuster License
Institution
Connecticut Insurance Claims Adjuster License
What must be on the final draft when a payment is issued? - Answer The type of coverage the payment is coming from
Which of the following is not true regarding the CT Insurance Guaranty Association? - Answer The association will pay up to $250,000 for covered claims rising out of a workers...
CT Casualty Adjuster-ALL LINES Final
Exam Questions With Verified Solutions.
What must be on the final draft when a payment is issued? - Answer The type of coverage the payment
is coming from
Which of the following is not true regarding the CT Insurance Guaranty Association? - Answer The
association will pay up to $250,000 for covered claims rising out of a workers compensation policy.
Motor home is not covered on a Personal Auto Policy. The vehicle can be added to the policy by using
what endorsement? - Answer Miscellaneous Type Vehicles. Missy elliot in a motor home.
The insurer intends to cancel a Personal Automobile Policy for an approved reason (other than
nonpayment of premium) it must provide _____ day cancellation notice to the insured with the reasons
for the cancellation. - Answer 30 days. 1 month.
Under the Business Owners Policy, which of the following is not automatic coverage? - Answer hired
and non-owned automobile coverage is NOT automatic coverage in a BOP
Under motor coverage act, how long are the goods covered? - Answer until they are unloaded and
placed in a designated place.
What is excluded in a Business Auto Policy? - Answer any tapes, discs, devices, etc that are not
permanently installed in the vehicle
Wages lost as a result of auto accident where a third party was at fault are considered what type of
damages? - Answer Special. numbers are special damages.
How many years does the Basic Extended Reporting Period in a claims made policy give the insured to
report claims that allegedly occurred during the policy period? - Answer 5 years.
"any act of stealing" is known as _____? - Answer theft
, An "open-ended" release pertains to: - Answer a conditional or partial release. Example: the insurance
company agrees to pay some additional bills when they become available. These additional bills are
viewed as a part of the settlement agreement. Open-ended releases are generally subject to specific
time and monetary limits. (I'll pay what you're owed now and if more bills come up, I got you)
Under the commercial auto forms, what is the limit for transportation expenses when the insured has
suffered a theft loss of a private passenger type vehicle? - Answer $20.00 per day and max payment of
$600.00
What is the limit of insurance that applies to property in transit in the Business Owners Policy? - Answer
$10,000 for property in transit
the manager of a store places money in a night deposit bag. she walks away from the bag, and when she
returns the money is missing. this is an example of what? - Answer Theft
Would injuries sustained by members of a car pool while riding in the insured's car be covered by
Medical Payments Coverage? - Answer Yes
Can a Commercial auto policy be used to cover a semi-trailer? - Answer yes. (but mobile equipment
would need to be added by endorsement)
A grocery store customer walks into a roped off area and slips and falls, cutting her face on glass. What
type of defense or defenses might apply in this case? - Answer assumption of risk and contributory
negligence on the part of the customer
Supplementary payments do not include - Answer physical damages, nor personal expenses of
employee's. (bail bonds are covered up to $250.00 a day in territory)
What is the basic personal liability limit provided under a homeowner policy? - Answer $100,000. a
hunnid thousand for da crib.
Which of the following vehicles qualifies for towing coverage under the trucker's policy? - Answer
sedan. only private passenger type vehicles qualify for towing coverage under the trucker's policy.
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 TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
