Texas all li Study guides, Class notes & Summaries

Texas All Lines Adjuster 2023 QUESTIONS AND ANSWERS Insurance - CORRECT ANSWERS The transfer of risk. Insured - CORRECT ANSWERS 1ST party. Customer. Person covered by policy. Insurer - CORRECT ANSWERS 2ND party. Insurance company Adjuster - CORRECT ANSWERS Investigates/adjusts claims Licensing age requirement - CORRECT ANSWERS 18 NOT exempt for licensing - CORRECT ANSWERS MBA Expiration date o...

Texas All Lines Adjuster Quiz Standard Fire Policy, Personal property loss, Dwelling loss, Home Owners - A provides coverage A (structure) and Coverage B (personal property contents), Special Limits of Liability, Invitee, Licensee, Trespasser, Bailee, Coverage C, Coverage D, Surety Bond, indemnity, additional living expense ALE, FEMA, Inland Marine, Ocean Marine, surety bond, Fidelity Bond, HO-A, ACV Actual Cash Value, Policy holder, Insurance company, stated limit, Errors & Omission's, Prof...

TEXAS ALL LINES ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS 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 answer 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 M...

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...

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 right before being damaged or ...

Texas All Lines Adjuster Test Study Guide & Terms Accumulated Depreciation, Bailee, Claims-Made Form, Deductible - fixed, Estoppel, Federal Crop Insurance Act, Group Risk Income Protection (Crop Insurance), HIPAA, Impaired Property, Joint, Kickbacks, Legal Purpose, McCarren-Ferguson Act, National Resources Conservation Service, Occurrence Form Policy, Paul the Policyholder, Reciprocal Insurers, Scheduled payment release, Tort, Umbrella Liability Policy, Valuation, Waiver, Yield Protection (C...

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 answer 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? - correct answer The implied warranties are attached...