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TEXAS ALL LINES ADJUSTER EXAM BRAND NEW (200+ QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024

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TEXAS ALL LINES ADJUSTER EXAM The amount of insurance countersigned, issued, or sold by an agent or producer to cover immediate family members, an employer, or employees is known as: - CORRECT ANS - Controlled business All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - CORRECT ANS - While performing a task that a fellow worker requested, that was unusual to the employee's job descriptio...

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Texas all lines adjuster exam Questions and Answers Explained (Latest 2024) RATED A+

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Economic loss that is the consequence of a direct loss is known as: - correct answer An indirect loss. An insured has a $1,000 insurance claim and is able to prove his loss and its value. The insurer's adjuster offers $500, knowing that the claimant would probably take the offer to avoid incurring the cost of an attorney to sue for the actual amount of the claim. The offer made by the adjuster is considered - correct answer To be an unfair claims settlement practice. What is generally ex...

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Texas All Lines Adjuster Exam Questions And Answers Graded A+

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Texas All Lines Adjuster Exam 2024 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an Ocean Marine policy? The implied wa...

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Texas All Lines Adjuster Exam (Actual Exam Test) (Questions and Answers) (Best Studying Material) (Updated 2024)

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Texas All Lines Adjuster Exam The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as --------- CORRECT ANSWER ----- A recipient location recipient location --------- CORRECT ANSWER ----- Businesses who support insured by being the primary buyer for their products HO-3 (special form) --------- COR...

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Texas All Lines Adjuster Test with Verified Answers Updated 2024

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Texas All Lines Adjuster Test Accumulated Depreciation - Answer- The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - Answer- The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. Actual Cash Value (ACV) - Answer- A valuation method used by insurers to reflect an item's current market value...

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Texas All Lines Adjuster Test Questions and Answers Latest Update 2024 GRADED A+

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Texas All Lines Adjuster Test 2024 Measures taken by an insurance company to ensure that their exposure is not too high and to control the effect of a loss; for example, an insurer might charge higher premiums to drivers who have received speeding tickets. - correct answer Risk Management A federal agency under the USDA that administers the Federal Crop Insurance Program. - correct answer Risk Management Agency Groups of people with similar insurance needs who form an organization t...

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2024 Texas Adjuster Exam Questions with Verified Answers

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If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - Answer- $30,000 Which of the following statements best describes an inland marine policy? - Answer- Pertains to Cargo with no fixed location Alex is traveling through College Station and hits a deer, and the damages are $1500. He has comprehensive coverage with a $500 deductible. What will you pay? - Answer- $1000 ...

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TEXAS ALL LINES ADJUSTER EXAM ACTUAL EXAM 2024

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What is the failure to use that degree of care which n ordinary person of reasonable prudence would use under similar circumstances? Negligence What is a situation involving a person other than an insured? Third Party Loss What is the responsibility to another for one's negligence? Liability Mary has a homeowner's policy. Her Coverage A limit of liability is $250,000 and her Coverage B limit of liability is $125,000. Her policy has a 2% deductible. What is her deductible? $5...

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ATI Mental Health Proctored With NGN Test Bank 2024 Latest Update New Questions Included

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A charge nurse is discussing mental status exams with a newly licensed nurse. Which of the following statements by the newly licensed nurse indicates an understanding of the teaching? (Select all that apply). A. "To assess cognitive ability, I should ask the client to count backward by sevens." B. "To assess affect, I should observe the client's facial expression. C. "To assess language ability, I should instruct the client to write a sentence." D. "To assess remote memory, I should...

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