Oklahoma adjusters Study guides, Class notes & Summaries
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Oklahoma Adjuster - Exam 2 Questions And Answers Rated A+ 2024 Updates
- Exam (elaborations) • 23 pages • 2024
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____ are the types of cause of loss form in a commercial package policy - Basic, Broad, or Special 
_____ is not eligible for a dwelling policy - Farm 
_______ are specifically excluded from coverage in Coverage C of the homeowner's policy? - 
Animals 
__________ acts like a deductible and is the amount of loss the insured must cover out of pocket when 
seeking coverage from an Umbrella policy? - Self -retention limit (SIR) 
A bird flying into the windshield of an auto is considered? - A compre...
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Oklahoma Adjuster's Exam Questions and Answers 100% Correct(SCORED A)
- Exam (elaborations) • 2 pages • 2023
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Underwriter - ANSWER-A person who selects risk for the insurer is 
 
Appointed by the gov - ANSWER-all of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT 
 
Issued as often as necessary - ANSWER-Regarding the Oklahoma Insurance Department promulgating Rules and Regulations, which of the following is true? 
 
Glen Mulready - ANSWER-who is the Oklahoma Insurance commissioner 
 
Receive new business from an eligible surplus lines broker - ANSWER-XYX insurance company is ...
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Oklahoma Adjuster License – 3 Questions and Answers 100% Correct
- Exam (elaborations) • 21 pages • 2023
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Oklahoma Adjuster License – 3 Questions and Answers 100% CorrectOklahoma Adjuster License – 3 Questions and Answers 100% CorrectOklahoma Adjuster License – 3 Questions and Answers 100% Correct 
 
All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - ANSWER-A proof of loss is also known as a loss notice 
 
The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the los...
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Oklahoma Adjuster Exam #2 Questions and Answers 100% Correct
- Exam (elaborations) • 18 pages • 2023
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Oklahoma Adjuster Exam #2 Questions and Answers 100% CorrectOklahoma Adjuster Exam #2 Questions and Answers 100% CorrectOklahoma Adjuster Exam #2 Questions and Answers 100% CorrectOklahoma Adjuster Exam #2 Questions and Answers 100% CorrectOklahoma Adjuster Exam #2 Questions and Answers 100% Correct 
An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - ANSWER-The Insured 
 
If a fire hazard causes damage to a buildin...
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Oklahoma Adjuster Exam #2 Questions And Answers Correct 100%
- Exam (elaborations) • 18 pages • 2023
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An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - ANSWERSThe Insured 
 
If a fire hazard causes damage to a building, the fire is? - ANSWERSA peril 
 
wearing a seatbelt in a car is an example of which method or managing risk? - ANSWERSReduce 
 
Tiffany leaves her car unlocked when she goes shopping. She figures her car and its contents are insured, so there is no reason to worry. Which type of hazard is this an e...
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Oklahoma Adjuster License – 3 Questions & Answers Correct 100%
- Exam (elaborations) • 21 pages • 2023
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All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - ANSWERSA proof of loss is also known as a loss notice 
 
The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the loss has occurred. 
 
Which of the following acts is NOT considered to be "transacting insurance" within the state of Oklahoma? - ANSWERSTaking an agency's incoming payments, sometimes containing premiu...
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Oklahoma Adjuster Exam #2 Questions & Answers Correct 100%
- Exam (elaborations) • 18 pages • 2023
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Available in package deal
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An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - ANSWERSThe Insured 
 
If a fire hazard causes damage to a building, the fire is? - ANSWERSA peril 
 
wearing a seatbelt in a car is an example of which method or managing risk? - ANSWERSReduce 
 
Tiffany leaves her car unlocked when she goes shopping. She figures her car and its contents are insured, so there is no reason to worry. Which type of hazard is this an e...
-
Oklahoma Adjuster License – 3 Questions And Answers Correct 100%
- Exam (elaborations) • 21 pages • 2023
-
Available in package deal
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- $10.99
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All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - ANSWERSA proof of loss is also known as a loss notice 
 
The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the loss has occurred. 
 
Which of the following acts is NOT considered to be "transacting insurance" within the state of Oklahoma? - ANSWERSTaking an agency's incoming payments, sometimes containing premiu...
-
Oklahoma Adjuster Review Questions and Answers 100% Correct
- Exam (elaborations) • 4 pages • 2023
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Oklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% Correct 
 
the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWER-5 years 
 
maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWER-$5,000 
 
written proof...
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Oklahoma Adjuster's Exam Questions and Answers 100% Correct
- Exam (elaborations) • 2 pages • 2023
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Oklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% Correct 
Underwriter - ANSWER-A person who selects risk for the insurer is 
 
Appointed by the gov - ANSWER-all of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT 
 
Issued as oft...
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