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Texas All Lines Adjuster Laws & Regulation Review Quiz & Answers.
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Texas All Lines Adjuster Laws & Regulation Review Quiz & Answers.
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Texas All Lines Adjuster Laws & RegulationReview Quiz & Answers
All uof uthe ufollowing uare uexempted ufrom uthe urequirement uof uan uadjuster's ulicense
uexamination uexcept: uA. uThose upersons uholding uCPCU udesignation; uB. uthose
upersons uadjusting uworkers ucompensation uclaims; uC. uThose upersons uwho uhave
ureceived uthe uAssociate uin uClaims u(AIC) udesignation; uD. uThose upersons uwho uhave
ua ucertificate uof ucompletion ushowing uthat uwithin uthe upast u12 umonths uthe uapplicant
uhas ucompleted ua ucertified uadjuster uprelicensing ueducation uprogram uand upassed
uthe ustate uexamination. u- uANS-B. uA uperson uadjusting uworkers ucompensation
uclaims uis unot uexempt.
All uof uthe ufollowing uare uqualifications uof uapplicants ufor uan uadjuster ulicense uin
uTexas uexcept: uA. uis uat uleast u25 uyrs. uof uage; uB. uresides uin uthis ustate uor ua ustate
uthat upermits ua uresident uof uthis ustate uto uact uas uan uadjuster uin uthat ustate; uC. uis
utrustworthy; uD. uhas upassed uthe urequired uexamination uor upresents uevidence uthat
uthe uapplicant uhas ubeen uexempted ufrom uthe uexamination. u- uANS-A. uApplicants
umust ube uat uleast u18 uyrs. uof uage.
An uemergency uadjuster ulicense uis ueffective ufor ua uperiod unot uto uexceed: uA. u180
udays uB. u120 udays; uC. u90 udays; uD. u60 udays. u- uANS-C. uAn uemergency ulicense uis
ueffective ufor ua uperiod unot uto uexceed u90 udays. uThe ucommissioner umay uextend uthe
uterm uof uthe uemergency ulicense ufor uan uadditional uperiod uof u90 udays.
A ulicensed uadjuster umust unotify uthe ucommissioner uif uthe uadjuster uchanges uthe
ulocation uof uthe uadjuster's uplace uof ubusiness: uA. uWithin u10 udays; uB. uWithin u20
udays; uC. uWithin u30 udays; uD. uNotification umust ube umade upromptly u- uANS-D. uA
ulicensed uadjuster ushall upromptly unotify uthe ucommissioner uif uthe uadjuster uchanges
uthe ulocation uof uthe uadjuster's uplace uof ubusiness.
All ulicensees umust ucomplete u________ uhours uof ucontinuing ueducation uwithin ueach
ureporting uperiod. uA. u15; uB. u20; uC. u24; uD. u30 u- uANS-D. uAll ulicensees umust
ucomplete u30 uhours uof ucontinuing ueducation uwithin ueach ureporting uperiod.
uHowever, ulimited ulines ulicensees, uthose uselling ulife uinsurance unot uexceeding
u$15,000 uand ucounty umutual uagents uare urequired uto ucomlete u10 uhours uof
ucontinuing ueducation uduring ueach ureporting uperiod.
Which uone uof uthe ufollowing uis unot uan uexample uof uan uunfair uclaim usettlement
upractice? uA. uKnowingly umisrepresenting upertinent ufacts uto uclaimants; uB. uFailing uto
uacknowledge ucommunication uwithin ua ureasonably uprompt uperiod; uC. uFailing uto
uexamine ua uclaimant uunder uoath; uD. uNot uattempting uin ugood ufaith uto upromptly
, usettle ua uclaim uwhen uliability uis uclear. u- uANS-C. uThe uright uto uexamine
upolicyholders uunder uoath, uin uthe ucase uof uquestionable uclaims uor upotential ufraud,
uis ua uright uof uan uinsurer uduring ua uclaim uinvestigation uand uis upart uof uthe
ucontractural uagreement ubetween uthe uinsurer uand uthe uinsured. uFailing uto udo uso
udoes unot uconstitute ua uviolation uof uthe ustate's uunfair uclaims usettlement upractices.
A ucontract uthat uprovides uinsurance ucoverage ufor uup uto u30 udays, upending uthe
uissuance uof uthe upermanent upolicy, uis ucalled ua: uA. ubinder; uB. uendorsement; uC.
ulender; uD. uremedy u- uANS-A. uA ubinder uis ua ucontract uthat uprovides utemporary
uinsurance ucoverage ufor uup uto u30 udays, upending uthe uissuance uof uthe upermanent
upolicy. uLenders umust uaccept ubinders uissued uby uproperly uappointed uand ulicensed
uagents.
What uhappens uwhen ua umarried ucouple uwho ujointly uowns uresidential uproperty
udivorces uduring uthe uterm uof utheir uhomeowners uinsurance upolicy? uA. uBoth
uinsureds umust ureapply ufor useparate uinsurance uon uthe uproperty; uB. uThe uowner's
umust udecide uwho uwill ubecome uthe unamed uinsured uand utransfer uownership uof uthe
uinsurance upolicy uto uthat uperson; uC. uThe uinsurance uremains uin ueffect, uand uthe
uinterests uof uboth uowners uare ucovered uas ulong uas uthe upolicy uexists uor uas ulong uas
uthe upolicy uis unot ucancelled; uD. uThe uinsurer uhas uthe uoption uto ucontinue uthe upolicy
uthat uis uin uforce uor urequire uthe uinsureds uto uapply ufor unew uand useparate upolicies.
u- uANS-C. uA uhomeowners uor ufire uinsurance upolicy uissued uin uTexas umust ucontain
ua uprovision uthat uthe upolicy, uif uissued uto ucover ucommunity uproperty, uwill uremain uin
ufull uforce uand ueffect uas uto uthe uinterest uof ueach uspouse uirrespective uof udivorce uor
uchange uof uownership ubetween uthe uspouses. uThe uspouses uor uformer uspouses
umay uapply ufor useparate uinsurance, ubut uthe ulaw udoes unot urequire uthem uto udo uso.
All uof uthe ufollowing ustatements uregarding uarbitration uagreements uare ucorrect
uexcept: uA. uthe uagreement umust ube uin uwriting uto ube uenforced; uB. uone uparty umay
urevoke uthe uagreement uby uproviding uthe ufair uvalue ufor uthe udisputed uloss; uC.
uarbitration uagreement uclauses umust ube uincluded uin uall uproperty uand ucasualty
upolicies uin uTexas; ud. uthe uagreement umust uexist ubefore uthe udispute uarises ufor
uarbitration uto utake uplace. u- uANS-C. uProperty uinsurance ucontracts umay ucontain ua
uclause uthat uallows uthe uinsurer uand uinsured uto uarbitrate ua udisagreement uabout uthe
uamount uto ube upaid ufor ua uclaim uif uthe uagreement uis uin uwriting, uif uthe ucontroversy
uexists uat uthe utime uthe uagreement uis umade uand uif uthe ucontroversy uarises ubetween
uthe uparties uafter uthe udate uof uthe uagreement. uThe uagreement umay ube urevoked uby
ueither uparty ufor ua ulawful ureason uby uproviding uthe ufair uvalue uof uthe ucontract.
When ucan uan uinsurer urefuse uto upay ua uclaim uunder ua uhomeowner's upolicy
ubecause uthe upolicyowner umisrepresented uinformation uon uthe uinsurance
uapplication? uA. uwhen uthe uinsurer ucan uprove uthat uthe umisrepresentation uled uto uan
uevent uthat ucaused uthe upolicy uto upay; uB. uWhen uthe uinsured urefuses uto usubmit ua
unew uapplication; uC. uWhen uthe uclaim uwas usubmitted uwithin uthe ufirst usix umonths
uthat uthe upolicy uwas uin ueffect; uD. uWhen uthe uinsured ucan uprove uthat uthe
umisrepresentation uwas umade uwith uthe uknowledge uof uthe uinsurer's uagent. u- uANS-
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