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State Insurance Claims Adjusters Certification Alabama Insurance Adjuster Exam Review Questions with Correct Answers | 100% Pass Guaranteed | Graded A+ | $14.99
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State Insurance Claims Adjusters Certification Alabama Insurance Adjuster Exam Review Questions with Correct Answers | 100% Pass Guaranteed | Graded A+ |
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State Insurance Claims Adjusters Certification Alabama Insurance Adjuster Exam Review Questions with Correct Answers | 100% Pass Guaranteed | Graded A+ |

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  • November 29, 2024
  • 44
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • alabama insurance adjuster exam review
  • alabama insurance claims adjuster certification
  • state insurance claims adjusters certification 202
  • state insurance claims adjusters certification 202

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University of Alabama
[Risk Management and Insurance Program.]
State Insurance Claims Adjusters Certification
Alabama Claims Adjuster Exam

Course Title and Number: Claims Adjuster Exam
Exam Title: Board Exam
Exam Date: Exam 2024- 2025
Instructor: [Insert Instructor’s Name]
Student Name: [Insert Student’s Name]
Student ID: [Insert Student ID]

Examination
180 minutes
Instructions:
1. Read each question carefully.
2. Answer all questions.
3. Use the provided answer sheet to mark your responses.
4. Ensure all answers are final before submitting the exam.
5. Please answer each question below and click Submit when you have completed
the Exam.
6. This test has a time limit, The test will save and submit automatically when the
time expires
7. This is Exam which will assess your knowledge on the course Learning
Resources.


Good Luck!

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State Insurance Claims Adjusters Certification 2024-
2025
Alabama Insurance Adjuster Exam Review Questions
with Correct Answers | 100% Pass Guaranteed | Graded
A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -

In order to obtain coverage through the Alabama
Automobile Insurance plan, you must: - =Answer>>
have a valid Alabama driver's license.

The Alabama Automobile Insurance Plan (ALAIP) was
created to help high-risk drivers obtain the bodily injury
and property damage liability insurance that state law
requires. Applicants must have been denied coverage
through the voluntary market before they are eligible
for the Alabama Automobile Insurance Plan. They must
also have a valid Alabama driver's license and a vehicle
that is registered in the state.

105. After a tornado severely damaged their building,
the owners of ABC Online Marketing had to rent
another building for a few months while repairs were
made. The extra money they had to spend to rent the
other building would be covered under which additional
coverage? - =Answer>> Business Income coverage
indemnifies the policyholder for normal business
income the policyholder would have expected under
normal circumstances only during this Period of
Restoration. Generally speaking, Business Income
coverage will pay for the loss of what is called net
income on a Profit and Loss statement, plus any
continuing operating expenses incurred during the
period of restoration, such as rent, salaries, payments


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to the bank, utilities, taxes, administrative and other
costs necessary to keep the business running.

Which of the following statements about Additional
Coverages is FALSE? - =Answer>> Additional
Coverages, which also define which perils are insured.
The general exclusions to coverage, the conditions
section, and finally, endorsements, which allow the
insured to add protections not automatically included in
the forms.

After a hurricane severely damages the Grayson
Fishing Port, they must rent another dock to continue
their commercial fishing operations until repairs can be
made to their port. The Grayson Fishing Port is covered
under a commercial insurance policy with Time Element
coverage. What must they prove in order to be
indemnified for the rental fees? - =Answer>> Time
Element Insurance provides coverage for an indirect
loss that occurs as the result of a direct loss. For
instance, if a fire damages the building of a water plant,
the plant suffers the direct loss of damage to the
building, and it also suffers an indirect loss of income
because the fire prevented normal operations from
being completed. Time Element Coverage provides
indemnification for the loss of income during the repair
period; another coverage form will take care of the
direct loss to the building.

Berry Techie is a graphic animation and design
company. Their commercial property insurance policy
includes Electronic Data Processing coverage. Which of
the following is FALSE about Barry Technie's policy? -
=Answer>> EDP is always sold as an endorsement to
another policy



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Electronic Data Processing (EDP) is insurance that
covers the loss of computer equipment, data systems,
information storage media, and expenses or income
related to EDP losses. Although a typical personal
property or business personal property policy will cover
the physical equipment such as computers, it may not
include the software or stored data on that computer
without an electronic data processing (EDP)
endorsement. EDP is always sold as an endorsement to
another policy. EDP has a limit of coverage and, for
large commercial packages, usually will require a
secondary back-up of data, often times in an off-site
facility.

A drunk driver ran into one of the two pumps at Spiffy's
gas station, which rendered it inoperable. Kirk is
adjusting the claim and can easily determine the value
of the physical damage to the pump, but he has a lot
more to consider when addressing the Business
Interruption portion of the claim. Kirk must do all of the
following, except: - =Answer>> Business Interruption
Coverage
In the event of a covered peril, an adjuster must
determine two things before being able to properly
indemnify the insured. First, he will determine what the
business's expected income would have been if the loss
hadn't occurred. Then he will determine what fixed
expenses the business continues to pay even if the
business is not fully operational.

Evangeline is negotiating a settlement with a claimant,
who becomes dissatisfied with Evangeline's
suggestions and asks if he can consult with an attorney
before proceeding. Evangeline knows that her offer is
fair and advises the client not to spend the money on
an attorney. Why are Evangeline's actions unethical? -

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