Texas all lines adjuster exam

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 warranties are attached to the policy as an endorsement.. 00:30 01:34 Parmelia is covered under two separate standardized Personal Automobile policies, with Part C limits under both policies set at $200,000. Parmelia is involved in an accident with an uninsured motorist and she sustains bodily injury damages for $262,320. How much will Parmelia receive when she submits a claim for these damages $200,000 Which of the following endorsements must be attached to a standard Businessowners policy for coverage to apply to a businesses freezer that was damaged by the interruption of a power source Utility Services - Direct Damage endorsement. After completing an inspection of an insured's pressure equipment and fire suppression systems, the inspector determines that the pressure equipment needs to be repaired and the suppression systems have not been cleaned and inspected in the time frame required by the policy. The insurer will: Suspend coverage immediately by red tagging the items until they are repaired, cleaned and pass reinspection To be eligible for coverage under a standardized Dwelling policy, the insured must not allow more than _______ boarders to live on the premises. 5 All of the following are "Perils of the Sea" under an Ocean Marine policy, EXCEPT: Pirates 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: Controlled business Which of the following standardized Dwelling insurance forms provides coverage for loss of rental income The DP-1, DP-2, and DP-3 forms The "Part B - Medical Payments" coverage of a personal automobile policy covers injuries for all of the following, EXCEPT: A passenger who is injured in another vehicle that is struck by the insured's vehicle in an accident Which of the following are the Texas Workers' Compensation benefits that are increased by a cost-of-living adjustment (COLAs) Lifetime Income Benefits (LIBs) only Hannah must take time away from work to help assist in the investigation of a claim that was made against her BOP policy. The policy will pay for Hannah's actual loss of earnings up to: $250 per day. 00:00 01:34 Surplus Lines companies in Texas have _____ to acknowledge the receipt of a claim. 30 days. All of the following are characteristics of a principal that a surety will scrutinize during the underwriting process, EXCEPT: Consideration. Under Section II of a Homeowners policy, a cemetery plot owned by the insured is considered to be: An insured location. Which of the following is NOT one of the four major coverages of an Ocean Marine policy? Seaworthiness. A ship has suffered damage and sunk. Which of the following would respond to cover the loss of the ship? Hull Insurance. As a fiduciary agent, an adjuster has the power to bind the insurer. Which of the following statements is FALSE regarding this power? Only an adjuster's written statements can legally bind an insurer. The standardized Dwelling forms consider all eruptions of a volcano within a __________ period to be a single "occurrence". 72-hour Whose responsibility is it to complete a "proof of loss"? The claimant.