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SUPER-DUPER TEXAS ADJUSTER LICENSE EXAM/QUALITY DOCUMENT WITH ALL CORRECT ANSWERS |A+ GRADE ,.

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SUPER-DUPER TEXAS ADJUSTER LICENSE EXAM/QUALITY DOCUMENT WITH ALL CORRECT ANSWERS |A+ GRADE ,. Speculative Risk - CORRECT ANSWERS -A chance of loss, no loss, or gain; not insurable. Pure Risk - CORRECT ANSWERS -Only a chance of loss; is insurable. Risk - CORRECT ANSWERS -The uncertainty or c...

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  • October 7, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • SUPER-DUPER TEXAS ADJUSTER LICENSE
  • SUPER-DUPER TEXAS ADJUSTER LICENSE
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SUPER-DUPER TEXAS ADJUSTER LICENSE EXAM/QUALITY
DOCUMENT WITH ALL CORRECT ANSWERS |A+ GRADE
,2024-2025.
Speculative Risk - CORRECT ANSWERS -A chance of loss, no loss, or gain; not
insurable.

Pure Risk - CORRECT ANSWERS -Only a chance of loss; is insurable.

Risk - CORRECT ANSWERS -The uncertainty or chance of a loss occurring.

Warranties - CORRECT ANSWERS -Conditions that must be true at the time of a loss
or the policy is void.

Misrepresentation - CORRECT ANSWERS -Incorrect information (white lies); do not
affect coverage.

Texas Department of Insurance - CORRECT ANSWERS -Governing body regulating
insurance companies and personnel.

Commissioner - CORRECT ANSWERS -The head of the state department of insurance.

2 years - CORRECT ANSWERS -Length of appointment for insurance commissioner.

Line - CORRECT ANSWERS -The type of insurance

Texas Governor - CORRECT ANSWERS -Appoints the commissioner.

Property and Casualty Adjuster - CORRECT ANSWERS -Adjusts or supervises claims
in all lines of P&C except workers' comp.

Workers' Compensation Adjuster - CORRECT ANSWERS -Adjusts or supervises all
workers' compensation claims.

Staff Adjuster - CORRECT ANSWERS -Adjusters on the payroll of an insurance
company; hourly or salary.

Independent Adjuster - CORRECT ANSWERS -Paid fees to handle claims for one or
more insurance companies.

Public Adjuster - CORRECT ANSWERS -A person hired by the insured to settle the
claim with the insurance company on their behalf.

The commissioner audits insurance companies at least ___________ - CORRECT
ANSWERS -Every five years

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