Connecticut Casualty Adjuster for All Lines - Series 18-09 Exam
Simulator (2) Questions and Answers 100% pass
Payment may be made if which of the following procedures has been executed? - Ans - A Walk-
Away release.
The walk-away release indicates the final disposition of the matter and relinquishes the claimant's
right to sue so payment may be issued. In some states the signing of the payment check indicates a
walk-away release.
What type of automobile coverage might a person need if he or she does not own a vehicle?
Answer Choices:
Select the Correct Answer
A named non-owner auto policy.
An owned auto policy.
A joint ownership auto policy.
A special drive other car policy. - Ans - A named non-owner auto policy.
, A named non-owner auto policy is designed to provide auto coverage for someone who does not
own a vehicle but who may need auto coverage when he or she rents a car or borrows a vehicle. It is
the same as a personal auto policy except it does not list any specific auto.
Which coverage does not have a limit of insurance listed in the CGL Declaration page? - Ans -
Supplementary payments pay in addition to the limits of liability. While some do have their own
individual limits such as the payment of bail bond premiums, the insurer can spend whatever it
wants for certain other expenses.
Which of the following endorsements can be used under the BAP to extend coverage to individuals
such as the owner of the business who does not carry personal auto insurance? - Ans - Drive other
car coverage
The purpose of this endorsement is to provide coverage for the owner of a business that does not
own an auto. The coverage includes driving a non-owned auto.
Notification to the insurance department regarding a licensee's change of address or other relevant
change must be reported within ______ days. - Ans - 30
Which of the following best describes "no release or walk-away" release? - Ans - The bills are paid
and no attempt to obtain a separate release is made.
The bills presented are paid with no attempt to obtain a separate release, although the wording on
the draft or check may also serve as a form of release. After a certain amount of time has passed
with no further contact with the claimant, the file is considered closed.
A settlement in which the claimant receives payment in installments over a period of time instead
of a lump sum is: - Ans - A Structured Settlement
Simulator (2) Questions and Answers 100% pass
Payment may be made if which of the following procedures has been executed? - Ans - A Walk-
Away release.
The walk-away release indicates the final disposition of the matter and relinquishes the claimant's
right to sue so payment may be issued. In some states the signing of the payment check indicates a
walk-away release.
What type of automobile coverage might a person need if he or she does not own a vehicle?
Answer Choices:
Select the Correct Answer
A named non-owner auto policy.
An owned auto policy.
A joint ownership auto policy.
A special drive other car policy. - Ans - A named non-owner auto policy.
, A named non-owner auto policy is designed to provide auto coverage for someone who does not
own a vehicle but who may need auto coverage when he or she rents a car or borrows a vehicle. It is
the same as a personal auto policy except it does not list any specific auto.
Which coverage does not have a limit of insurance listed in the CGL Declaration page? - Ans -
Supplementary payments pay in addition to the limits of liability. While some do have their own
individual limits such as the payment of bail bond premiums, the insurer can spend whatever it
wants for certain other expenses.
Which of the following endorsements can be used under the BAP to extend coverage to individuals
such as the owner of the business who does not carry personal auto insurance? - Ans - Drive other
car coverage
The purpose of this endorsement is to provide coverage for the owner of a business that does not
own an auto. The coverage includes driving a non-owned auto.
Notification to the insurance department regarding a licensee's change of address or other relevant
change must be reported within ______ days. - Ans - 30
Which of the following best describes "no release or walk-away" release? - Ans - The bills are paid
and no attempt to obtain a separate release is made.
The bills presented are paid with no attempt to obtain a separate release, although the wording on
the draft or check may also serve as a form of release. After a certain amount of time has passed
with no further contact with the claimant, the file is considered closed.
A settlement in which the claimant receives payment in installments over a period of time instead
of a lump sum is: - Ans - A Structured Settlement
