Texas All Lines Adjuster Exam Questions With Correct Answers Graded A+ Updated 2023

Texas All Lines Adjuster Exam Questions With Correct Answers Graded A+ Updated 2023. In order to become a licensed Insurance Adjuster in the state of TX, an individual must be_______________ yrs old. - ANSWER 18 The Texas All Lines Adjuster License can only be held by residents of TX? T or F - ANSWER False List type of Insurance Adjuster Licenses available in Texas: - ANSWER 1. All Lines 2. Work Comp 3. Surety 4. Casualty & Property 5. Public Adjuster The TX All Lines Insurance Adjuster License is valid for 2 yrs, and subject to Continue Ed requirements set forth by TDI. T or F - ANSWER True The All Lines License can be renewed within ____________ days of its expiration. - ANSWER 90 days If you are audited by TDI and they find that you haven't completed the necessary CE hours to maintain your license, they can fine you __________ per uncompleted hour. - ANSWER $50 Section 542.057 in the Tx Insurance Code was designed to ___________________________. - ANSWER Insure prompt payment of claims Section 542.059 in the Tx Insurance code allows _________________________ to be expempt. - ANSWER Catastrophe Within the first 15 calendar days of receiving the claim you must: - ANSWER 1. Ack receipt of claim in writing. 2. Investigate 3. Request additional information from clmt. Once the insurance company receives the requested items they have 15 business days to: - ANSWER 1. Except or deny claim 2. Request more time for arsin or engineering How many do you have after your license expires to renew it? - ANSWER 90 days When does your license expire? - ANSWER 2 years on your birthday How many business days do you have for arsin? - ANSWER 30 business days How many business days do you have for engineering? - ANSWER 45 business days