General lines adjuster - Study guides, Class notes & Summaries

Commercial general liability ( CGL) - Answer This covers business liability hazards that are not covered under more specialiazed forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL - Answer Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called _______ liability - Answer "Errors and omissions" The most common cause of action in a pr...

Texas all lines adjuster license commercial general liability chapter 8 Question with answers 100% correct 2023

Customer representative - answer-appointed by a general lone agent or agency to assist in transacting the business of insurance General lines agent - answer-a persons transacting one or more of insurance Property & casualty - answer-includes commercial liability, a underwritten by a risk retention group, or as a workers compensation self- insurance fund Health agent - answer-agent representing an hmo, or as to health insurance only, an insurer transacting health insurance Home stat...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Florida 6-20 All Lines Adjuster Test Questions with 100% Verified Correct Answers A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - Correct Answer A. Field Report States have adopted statutes reg...

Texas General Lines - Property and Casualty (Law and Regulations) Questions with 100% Correct Answers Licensing Purpose For the protection of the public of this state. Individuals must satisfy the following to be eligible to get a license: -18 years of age or older -Resident of state -Passed exam and pay fees -Filed application and submitted a fingerprint card -Not license for the purpose of selling to themselves, family, or employees Refuse to issue any license if: -Material ...

Texas all lines adjuster license commercial general liability chapter 8 2023/2024

Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company -Correct Answer B. A general lines agent or a general lines insurance agency Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? Select one: A. After 60 days in Fl...

B. A general lines agent or a general lines insurance agency - Answer Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - Answer Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? ...

Texas all lines adjuster license commercial general liability chapter 8 already passed Commercial general liability ( CGL) This covers business liability hazards that are not covered under more specialiazed forms of insurance such as auto, marine, workers compensation and others. What are three forms of CGL Professional liability Product liability Premises liability When liability is limited to acts of negligence, professional liability insurance may be called _______ liability "Errors and om...