Examination
180 minutes
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State Insurance Claims Adjusters Certification 2024-
2025
Alabama Adjusters License Exam Prep Review
Questions with Correct Answers | 100% Pass
Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
A non-profit association of insurers from similar
markets that handle and pay claims for insurers that
have
been declared insolvent - =Answer>> Guaranty
Association
An instance, behavior, or condition that increases the
chance of incurring a loss, or increases the severity
of the loss - =Answer>> Hazard
Any legal action that increases the chance of a loss -
=Answer>> Hazard -- Legal
Conscious and deliberate action on the part of the
insured that increases the chance of a loss. All
conscious acts committed with a hope to defraud the
insurance company are moral hazards - =Answer>>
Hazard - Moral
Unconscious tendency of insured people to engage in
riskier behavior - =Answer>> Hazard - Morale
Any physical condition that increases the chance of a
loss. - =Answer>> Hazard - Physical
A 1996 US law protecting consumer privacy, regulating
collection, use and storage of private medical
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information. Deals mainly with the portability of health
insurance and dictates that all employees must be
eligible to participate in health insurance coverage
when they join a new company, regardless of current
health status - =Answer>> Health Insurance
Portability and
Accountability Act (HIPAA)
A managed care organization that provides health
insurance to individuals through a provider network.
Provides a broad range of comprehensive medical care.
- =Answer>> Health Maintenance
Organization (HMO
The "broad" form of homeowners insurance; a basic,
named-peril HO form that nevertheless is less
limited than the HO-8. - =Answer>> HO-2
"Special form" of homeowners insurance; all-peril
coverage for structures, named-peril coverage for
contents. - =Answer>> H0-3
"Contents broad form"; named-peril renter's policy
covering only personal property and any structural
improvements made at the tenant's own expense. -
=Answer>> H0-4
"Comprehensive form" of homeowners insurance;
provides all-peril coverage for both structures and
contents. - =Answer>> H0-5
"Condo" or "unit owner's form"; named-peril
homeowners policy covering personal property and the
surface structure of a condominium. - =Answer>>
H0-6
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"Modified coverage form" of homeowners insurance;
named-peril coverage for structures and contents,
fewer perils covered. - =Answer>> H0-8
An insurance policy that combines property coverage
with liability coverage for a person's home. -
=Answer>> Homeowners Policy
Provides coverage for a variety of hospital expenses,
including room and board, medical expenses, lab
fees, and nursing care. - =Answer>> Hospital
Expense
Insuranc
A supplemental coverage that provides a flat amount of
indemnification per day for hospitalization -
=Answer>> Hospital Indemnity
Insurance
Property that is defective because the insured's
deficient or incomplete additions or work -
=Answer>> Impaired Property
A form of crop revenue insurance. Relatively
inexpensive, it provides a fixed revenue guarantee
based on
early commodity prices for the crop type. -
=Answer>> Income Protection (Crop
Insurance
Reimbursement for a loss, which leaves the claimant in
the same financial position that she was in before
the loss. - =Answer>> Indemnification
To restore by payment, repair, or replacement -
=Answer>> Indemnify
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