Adjusters license 6 - Study guides, Class notes & Summaries

ADJUSTERS License 6

Which regulatory body handles violations of related insurance issues only? correct answersTexas Insurance Code (TIC) What license carries the minimum requirements to handle homeowner's claims? correct answersProperty, Casualty & Surety 30% of the questions on the license exam are considered "Knowledge-based" questions. What are the remaining 70% considered? correct answersApplication-based Most Workers' Compensation policies have what type of policy limit? correct answersNone Whi...

"Practicing Insurance" Without a License - 1) A producer or adjuster, with a suspended or revoked license, who continues to "practice insurance" (transact insurance) after losing his/her license due to a violation of the insurance code is subject to a felony and the following criminal penalties: -Civil fine imposed by a Court of Law (Not the OID) up to $5000 and/or jailed from 1 to 5 years. 2) A person never licensed as a producer or adjuster who "practice insurance" (transact insuranc...

ACA Final Exam Questions and Answers 100% Pass At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above - Answer- All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...

When does the Connecticut adjuster license expire? - Answer Every two years on June 30th (of odd years) Renews on July 1. What is the penalty for impersonating someone to take an exam? - Answer $4,000 and up to 6 months in jail. What does the CT Insurance Information and Privacy Protection Act deal with? - Answer Disclosure or sale of personal information. What regulates the Insurance industry? - Answer Laws and the Department of Insurance investigations and inquiries. Bu...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions 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 Re...

ACA Final Exam questions and answers well elaborated At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and writ...

At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies for various company products Supervise the c...

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...

Connecticut Laws, Rules, & Regulations Common to All Lines Exam Questions and Answers 100% Pass Powers and duties of the Commissioner: - Correct Answer ️️ -The primary duty of the Insurance Commissioner is to see that insurance laws are properly executed and the public interest is protected by enforcing these laws. Other powers of the commissioner include: - Correct Answer ️️ -Conduct investigations and hearings and issue subpoenas, revoke licenses of insurers, producers, adjuster...