Adjus - Study guides, Class notes & Summaries

Which of the following statements is NOT TRUE regarding the "Extended Period of Indemnity" option of the Business Income form? - ANSWER-The coverage applies for 120 days following the period of restoration When a Hawaii employee sustains an injury requiring medical treatment beyond first aid, how long does the employer have to report the accident to the Director of Labor and Industry relations? - ANSWER-7 working days After paying a claim an insurance company may have the right to pursue...

NORTH CAROLINA INSURANCE ADJUSTER EXAM 2024 | 2 CURRENTLY TESTING EXAM WITH 100 ACCURATE QUESTIONS AND ANSWERS EACH WITH A STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS | ALREADY GRADED A

What is an eligible building for flood insurance?: A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community What is Builders Risk Coverage?: Covers buildings in the course of completion. Proper coverage is 100% of expected completed value Do all Homeowners policies contain Coverage A?: No, HO-4 (Renters person- al property) What is casual labor in workers' compen...

NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass Dram Shop Liability refers to: Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? Neglect. To be eligible for the New York assigned risk auto plan a person must: Hold a valid driver's license. Any insurance...

Adjuster Pro: Indiana Adjuster's License - Practice Exam Questions With Complete Solutions.

Which kind of losses are covered under a standard fire policy? CORRECT ANSWER Direct All fires are not covered by the Standard Fire policies, only those that: CORRECT ANSWER are hostile and have a flame or glow At what time does a fire policy go into affect? CORRECT ANSWER 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximum amount the insured m...

2024 GEORGIA ADJUSTER EXAM/ACTUAL EXAM WITH 100% CORRECT DETAILED AND VERIFIED SOLUTIONS/A+ GRADE Consequential also known as Indirect Loss An insured's business is damaged because of a fire and he is forced to close business temporarily for repairs. As a result the insured lost income. What type of loss is this? Combined Single The insured crashes into a porch and the person sitting on the porch. The person on the porch is injured. The insured's insurance policy has a limit set at $...

NY INDEPENDENT GENERAL ADJUSTER EXAM - SERIES 17-70

CA Adjusters State Licensing Test (2024) || All Questions & Answers (Graded A+) CA Adjusters State Licensing Test (2024) || All Questions & Answers (Graded A+) Which of the following is not a duty of an insurer in case of a loss? Conduct a thorough investigation Establish claim procedures and methods of documentation Acknowledge receipt of a claim in a timely fashion Separate the damaged property from the undamaged property and protect the property from further loss - ANSWER - The c...