WebCE FL Adjuster test Questions and Verified
Answers
Adjuster moves states, how long to notify dept of financial services? Correct Answer: 30 days
Vacant or unoccupied house is vandalized, will property insurance cover it? Correct Answer: No, policy
reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factors Correct Answer: Physical deterioration,
functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks the Correct Answer: Conditional contract of
the policy
Adjusters keep complete and accurate claim files for these reasons: Correct Answer: Record activities that
occur during adjustment, permit others to service the claim if the adjuster is unavailable, support denial
of the claim
What is the role of a primary care physician (PCP) in managed care plans? Correct Answer: Coordinate
member's health care treatment and access to medical specialists in the network
Individual short term disability plans pay up to Correct Answer: 2 years
In which case would the applicant be eligible for coverage through an insurer in the residual insurance
market Correct Answer: The applicant is entitled to insurance but cannot buy it through the voluntary
market.
Failing to promptly settle a claim for which liability is uncertain is not an Correct Answer: Unfair claims
settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named insured for
how many months Correct Answer: 6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money in
another country it must have Correct Answer: A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy used in
most stated? Correct Answer: National Workers Compensation Organization
Answers
Adjuster moves states, how long to notify dept of financial services? Correct Answer: 30 days
Vacant or unoccupied house is vandalized, will property insurance cover it? Correct Answer: No, policy
reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factors Correct Answer: Physical deterioration,
functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks the Correct Answer: Conditional contract of
the policy
Adjusters keep complete and accurate claim files for these reasons: Correct Answer: Record activities that
occur during adjustment, permit others to service the claim if the adjuster is unavailable, support denial
of the claim
What is the role of a primary care physician (PCP) in managed care plans? Correct Answer: Coordinate
member's health care treatment and access to medical specialists in the network
Individual short term disability plans pay up to Correct Answer: 2 years
In which case would the applicant be eligible for coverage through an insurer in the residual insurance
market Correct Answer: The applicant is entitled to insurance but cannot buy it through the voluntary
market.
Failing to promptly settle a claim for which liability is uncertain is not an Correct Answer: Unfair claims
settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named insured for
how many months Correct Answer: 6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money in
another country it must have Correct Answer: A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy used in
most stated? Correct Answer: National Workers Compensation Organization
