GA Claims Adjuster (Georgia) Correctly Solved Exam Question and Answers [100% Correct] 2025 Latest Release!
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Georgia claims adjuster
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Georgia Claims Adjuster
GA Claims Adjuster (Georgia) Correctly
Solved Exam Question and Answers [100%
Correct] 2025 Latest Release!
life insurance cannot be written by which type of insurer in GA?
reciprocal
When may an insurer or licensee doing business in Georgia pay commissions or valuable consideration
f...
GA Claims Adjuster (Georgia) Correctly
Solved Exam Question and Answers [100%
Correct] 2025 Latest Release!
life insurance cannot be written by which type of insurer in GA?
reciprocal
When may an insurer or licensee doing business in Georgia pay commissions or valuable consideration
for agent services?
When the recipient is duly licensed under the Code.
Which resolution method involves a decision that is final and binding, unlike mediation?
Arbitration
Standard and Poor's, Moody's, and A.M. Best fall under what category of companies?
Independent Rating Services
What is the fee for applying to be a self-insurer for workers' compensation in Georgia?
$500
What does it mean when insurance adjusters have the "power to bind"?
The principal is obligated to the adjuster’s decisions.
The perils frequently covered by a Difference in Conditions (DIC) policy often include what?
Flood and Earthquake
The Georgia Insurance Guaranty Association's purpose is to:
Cover claims of insolvent insurers
1
, What term refers to inducing a policyholder to switch policies through misrepresentation?
Twisting
Replacing an insurance policy to gain a new commission, without changing coverage, is an example of:
Churning
Offering rebates on insurance premiums is generally considered:
Illegal in most states
Georgia's uninsured motorist coverage law applies to which type of claims?
Bodily injury claims caused by an uninsured motorist, including UMPD coverage.
How much must the Chief Deputy Commissioner in Georgia execute in a bond?
$15,000
For how long must adjusters maintain investigation or adjustment records?
5 years
Where can one find the limits of Employers' Liability coverage under a standard workers' compensation
policy?
On the information page
Which of the following is not covered by physical damage coverage against specified causes under a
BAP?
Falling objects
Which statement about Builders' Risk coverage is false?
That it covers completed properties indefinitely.
2
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