Oklahoma adjusters Study guides, Class notes & Summaries

Which of the following statements about WC is correct? - ANSWERSWC is an exclusive remedy. According to the Jones Act, if a seaman is negligent in a claim against the employer, which of the following is correct: - ANSWERSviolation of posted safety standards can affect the outcome of the claim. The Sooners insurance company has written WC policies for several employers in OK. Tim's employer, Tiny Trinkets, has submitted a claim on Tim's behalf for a leg injury he sustained in the course o...

Actuary - A person who uses mathematical methods to analyze loss data and develop insurance rates. Adjuster - Investigates claims, adjusts losses, and negotiates claim settlements for the insurer Alien Insurer - An insurer formed under the laws of Switzerland and authorized to do business in the State of Oklahoma Certificate - An insurer's documentation to do business in Oklahoma Coercion - Using a threat or force to create a monopoly in a transaction of insurance Defamation - stating cr...

In the case of a weather-related catastrophe or a major natural disaster, the Oklahoma Commissioner may extend the deadline to accept or deny a claim for an additional: - ANSWERS7 days. A coverage extension included on the Building and Personal Property coverage form provides coverage for business personal property temporarily stored in a detached trailer within 100 feet of the insured building for: - ANSWERSA limit of $10,000 unless higher limits are purchased. The Section II - Additional...

Which of the following statements about WC is correct? - correct answerWC is an exclusive remedy. According to the Jones Act, if a seaman is negligent in a claim against the employer, which of the following is correct: - correct answerviolation of posted safety standards can affect the outcome of the claim. The Sooners insurance company has written WC policies for several employers in OK. Tim's employer, Tiny Trinkets, has submitted a claim on Tim's behalf for a leg injury he sustained i...

Earth movement endorsement - correct answer· Separate premium dependent on the type of dwelling and how susceptible it is to earth quakes Deductible is a percentage of loss Home Day Care Coverage Endorsement - correct answer-homeowners policy endorsement used to provide coverage for home __________ businesses -Includes liability coverage -does not include coverage for sexual assault Personal property replacement cost - correct answerHomeowners policy endorsement that adds replacement c...

Oklahoma Insurance Adjuster's License Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's License Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's License Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's License Exam Questions and Answers 100% Correct Which of the following statements about WC is correct? - ANSWER-WC is an exclusive remedy. According to the Jones Act, if a seaman is negligent in a claim against the employer, which ...

The source of the adjusters authority - ANSWERSIn the context of insurance adjusting, who is the principal? Coverage is not negotiable - ANSWERSWhen Nancy is pulling into her driveway, she accidentally hit the gas and plowed through her front wall. She tries to negotiate the claim with the adjuster, why is this not possible? True - ANSWERSTrue or false: assuring a claimant a policy is covered without determining the cause of loss is considered improperly acting as a fiduciary agent? Civ...

Oklahoma Insurance Adjuster's Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's Exam Questions and Answers 100% CorrectOklahoma Insurance Adjuster's Exam Questions and Answers 100% Correct Earth movement endorsement - ANSWER-· Separate premium dependent on the type of dwelling and how susceptible it is to earth quakes Deductible is a percentage of loss Home Day Care Coverage Endorsement - ANSWER--ho...

ADJUSTER PRO OKLAHOMA PRACTICE EXAM 2024 ACTUAL QUESTIONS WITH CORRECT VERIFIED ANSWERS UPDATED AND GRADED A++ The source of the adjusters authority In the context of insurance adjusting, who is the principal? Coverage is not negotiable When Nancy is pulling into her driveway, she accidentally hit the gas and plowed through her front wall. She tries to negotiate the claim with the adjuster, why is this not possible? True True or false: assuring a claimant a policy is covered without dete...

ADJUSTER PRO OKLAHOMA PRACTICE EXAM 2024 ACTUAL QUESTIONS WITH CORRECT VERIFIED ANSWERS UPDATED AND GRADED A++ The source of the adjusters authority In the context of insurance adjusting, who is the principal? Coverage is not negotiable When Nancy is pulling into her driveway, she accidentally hit the gas and plowed through her front wall. She tries to negotiate the claim with the adjuster, why is this not possible? True True or false: assuring a claimant a policy is covered without dete...