Adjuster License
40 hours - answer How many hours is the course?
- 40 hours
- 30 hours
150 - answer How many questions are on the test?
Adjuster - answer An individual who, as an independent contractor, or as an employee
of an independent contractor
- adjuster
- claim rep
Independent adjuster - answer An individual who contracts as an independent
contractor to an adjusting/staffing company and handles claims for insurance
companies. Most IA's will not have draft authority and or decision-making authority
regarding coverage issues. Paid per claim
- adjuster
- independent adjuster
Public adjuster - answerAdjusters that represent the insured by negotiating claims with
the insurance company. PA's can be helpful at times when the insured is not familiar
with the insurance policy or claim procedures. If PA represents an insured, the IA or
staff adjuster cannot discuss the claims with the insured and most direct all
correspondence through the PA.
- public adjuster
Staff adjuster - answerAdjusters who work exclusively for an insurance company. Staff
adjusters are usually full time employees dedicated to one insurance carrier. Employees
can be salaried with full benefits.
- staff adjuster
- public adjuster
Insured - answerA person or organization covered by an insurance policy
Insurer - answerAny insurance company or self insured. An organization or entity that
facilitates the pooling of funds and the payment of benefits
, - claimant
- insurer
Claimant - answerA person or organization making a claim against an insured
- claimant
Provider - answerAn individual or organization including a corporation, partnership,
depository institution, insurance company, or entity chartered by the Farm Credit
Administration as defined in the insurance code registered with the department to offer
continuing education courses for licenses and/or pre licensing instruction for adjusters
Property casualty and surety - answerWhat is the minimum license required?
All lines adjuster - answerStandard fire policy, automobile liability, person lines,
commercial lines, inland and ocean marine, bonds, licensing requirements, marketing
practices, adjuster practices, and workers and compensation
- workers comp
- all lines adjuster
Property casualty and surety - answerApproved for and includes the same topics as the
all lines License excluding workers compensation
Workers compensation - answerApproved for and includes: workers compensation,
marketing practices, licensing requirements, commissioner of insurance, and policy
- workers compensation
- all lines adjuster
CPCU (chartered property and casualty underwriters), AIC (associate in claims), within
the past 12 months the applicant has completed a certified adjuster pre licensing
education program and passed - answerWhat three ways can you be exempt from
taking the test?
- CPCU (chartered property and casualty underwriters), AIC (associate in claims), within
the past 12 months the applicant has completed a certified adjuster pre licensing
education program and passed
True - answerEach adjusters license expires on the 2nd anniversary of the date it was
issued
True or False
20 - answerAdjusters license for ____ consecutive years may qualify for an exemption
from obtaining continuing education credit hours
40 hours - answer How many hours is the course?
- 40 hours
- 30 hours
150 - answer How many questions are on the test?
Adjuster - answer An individual who, as an independent contractor, or as an employee
of an independent contractor
- adjuster
- claim rep
Independent adjuster - answer An individual who contracts as an independent
contractor to an adjusting/staffing company and handles claims for insurance
companies. Most IA's will not have draft authority and or decision-making authority
regarding coverage issues. Paid per claim
- adjuster
- independent adjuster
Public adjuster - answerAdjusters that represent the insured by negotiating claims with
the insurance company. PA's can be helpful at times when the insured is not familiar
with the insurance policy or claim procedures. If PA represents an insured, the IA or
staff adjuster cannot discuss the claims with the insured and most direct all
correspondence through the PA.
- public adjuster
Staff adjuster - answerAdjusters who work exclusively for an insurance company. Staff
adjusters are usually full time employees dedicated to one insurance carrier. Employees
can be salaried with full benefits.
- staff adjuster
- public adjuster
Insured - answerA person or organization covered by an insurance policy
Insurer - answerAny insurance company or self insured. An organization or entity that
facilitates the pooling of funds and the payment of benefits
, - claimant
- insurer
Claimant - answerA person or organization making a claim against an insured
- claimant
Provider - answerAn individual or organization including a corporation, partnership,
depository institution, insurance company, or entity chartered by the Farm Credit
Administration as defined in the insurance code registered with the department to offer
continuing education courses for licenses and/or pre licensing instruction for adjusters
Property casualty and surety - answerWhat is the minimum license required?
All lines adjuster - answerStandard fire policy, automobile liability, person lines,
commercial lines, inland and ocean marine, bonds, licensing requirements, marketing
practices, adjuster practices, and workers and compensation
- workers comp
- all lines adjuster
Property casualty and surety - answerApproved for and includes the same topics as the
all lines License excluding workers compensation
Workers compensation - answerApproved for and includes: workers compensation,
marketing practices, licensing requirements, commissioner of insurance, and policy
- workers compensation
- all lines adjuster
CPCU (chartered property and casualty underwriters), AIC (associate in claims), within
the past 12 months the applicant has completed a certified adjuster pre licensing
education program and passed - answerWhat three ways can you be exempt from
taking the test?
- CPCU (chartered property and casualty underwriters), AIC (associate in claims), within
the past 12 months the applicant has completed a certified adjuster pre licensing
education program and passed
True - answerEach adjusters license expires on the 2nd anniversary of the date it was
issued
True or False
20 - answerAdjusters license for ____ consecutive years may qualify for an exemption
from obtaining continuing education credit hours
