Florida Claims Adjuster Exam| Questions
and Answers | Verified Answers | 2026/ 2027
New
QUESTION
Under Workers Compensation, Employers Liability includes:
A. Claims by others for the liabilities to insureds employees
B. Claims by relatives of injured employees for consequential damages
C. Claims made by employees that are not subject to Workers Comp Laws
D. All of the Above
Answer:
D. All of the Above
QUESTION
Samantha eats uncooked chicken at a local barbecue joint and becomes violently ill. Which of
the following workers compensation benefits would pay for this occurrence?
A. A products and completed operations form
B. A premises and operations form
C. An owners and contractors protective liability form
D. None of the Above
Answer:
D. None of the Above
Samantha is not an employee of the barbecue joint; Workers Comp does not apply.
QUESTION
An optional alternative providing for adjustment of premium after expiration, based on a
guaranteed basic premium to the insurer to which is added the actual losses incurred by the
insured. This is defined as:
A. Cost-Plus Rating Plan
B. Experience Rating Plan
C. Retrospective Rating Plan
D. None of the Above
Answer:
C. Retrospective Rating Plan
Often referred to as Cost-Plus Programs
,QUESTION
Under Employer's Liability, the minimum limits of liability are:
A. 100/100/500
B. 100/500/1000
C. 500/100/500
D. 100/500
Answer:
A. 100/100/500
$100,000 for all claims in each accident
$100,000 per employee for disease
$500,000 for all disease claims
QUESTION
Under Inside The Premises - Robbery or Safe Burglary of Personal Property, a special limit of
per occurrence applies to articles whose principal value is precious metals, precious
or semiprecious stones, pearls or furs, and to the physical or intrinsic value of manuscripts,
drawings or records:
A. $1,000
B. $2,000
C. $4,000
D. $5,000
Answer:
D. $5,000
QUESTION
Under Crime Insurance, losses must be discovered within 1 year. This is defined as:
A. The Discovery Period
B. The Loss Sustained Period
C. The Open Period
D. All of the Above
Answer:
A. The Discovery Period
,QUESTION
Crime Insurance is over any other Insurance coverage.
A. Primary
B. Secondary
C. Excess
D. Recess
Answer:
C. Excess
A situation may arise where another form of insurance will pay claim - that insurance would be
primary.
QUESTION
Cover only losses that both occurred and were discovered during the policy period, or within
one year of its expiration. This is defined as:
A. Discovery
B. Loss Sustained
C. Sustained Loss
D. None of the Above
Answer:
B. Loss Sustained
One exception to the rule is that Loss Sustained forms will also cover losses that occurred under
previous (expired) crime policies and that were discovered during current policy year, as long as
crime coverage had continued w/o interruption
QUESTION
Any loss discovered during the policy period or within 60 days after its expiration (one year
after expiration for losses connected with employee benefit plans) is covered regardless of when
it occurred. This is defined as:
A. Loss Sustained
B. Valuation
C. Discovery
D. None of the Above
Answer:
C. Discovery
If XYZ restaurant discovers stolen goods taken over a year ago, this is within 2 years of
inception date and found within policy period so it's covered.
, QUESTION
Under Crime Insurance, the insured is covered for loss by:
A. Theft
B. Burglary
C. Robbery
D. All of the Above
Answer:
D. All of the Above
Unless the loss is specifically excluded or limited
QUESTION
Provides for loss of money and securities outside the premises in the care, custody and control
of a messenger or armored car service resulting from theft, disappearance or destruction. This is
defined as:
A. Inside the Premises
B. Outside the Premises
C. Care, Custody, & Control
D. None of the Above
Answer:
B. Outside the Premises
Also covers robbery of other property under the circumstances.
QUESTION
Taking or attempted taking of property from within a locked safe or vault, by unlawful entry,
with visible marks of forcible entry, or taking of the safe or vault from inside the premises. This
is defined as:
A. Safe Burglary
B. Inside the Premises
C. Custodial Burglary
D. None of the Above
Answer:
A. Safe Burglary
Exclusions: accounting errors, giving/surrendering property, voluntarily parting, fire (except
damage to safe/vault), vandalism, transferring property to someone based on unauthorized
instructions or from threat to harm
and Answers | Verified Answers | 2026/ 2027
New
QUESTION
Under Workers Compensation, Employers Liability includes:
A. Claims by others for the liabilities to insureds employees
B. Claims by relatives of injured employees for consequential damages
C. Claims made by employees that are not subject to Workers Comp Laws
D. All of the Above
Answer:
D. All of the Above
QUESTION
Samantha eats uncooked chicken at a local barbecue joint and becomes violently ill. Which of
the following workers compensation benefits would pay for this occurrence?
A. A products and completed operations form
B. A premises and operations form
C. An owners and contractors protective liability form
D. None of the Above
Answer:
D. None of the Above
Samantha is not an employee of the barbecue joint; Workers Comp does not apply.
QUESTION
An optional alternative providing for adjustment of premium after expiration, based on a
guaranteed basic premium to the insurer to which is added the actual losses incurred by the
insured. This is defined as:
A. Cost-Plus Rating Plan
B. Experience Rating Plan
C. Retrospective Rating Plan
D. None of the Above
Answer:
C. Retrospective Rating Plan
Often referred to as Cost-Plus Programs
,QUESTION
Under Employer's Liability, the minimum limits of liability are:
A. 100/100/500
B. 100/500/1000
C. 500/100/500
D. 100/500
Answer:
A. 100/100/500
$100,000 for all claims in each accident
$100,000 per employee for disease
$500,000 for all disease claims
QUESTION
Under Inside The Premises - Robbery or Safe Burglary of Personal Property, a special limit of
per occurrence applies to articles whose principal value is precious metals, precious
or semiprecious stones, pearls or furs, and to the physical or intrinsic value of manuscripts,
drawings or records:
A. $1,000
B. $2,000
C. $4,000
D. $5,000
Answer:
D. $5,000
QUESTION
Under Crime Insurance, losses must be discovered within 1 year. This is defined as:
A. The Discovery Period
B. The Loss Sustained Period
C. The Open Period
D. All of the Above
Answer:
A. The Discovery Period
,QUESTION
Crime Insurance is over any other Insurance coverage.
A. Primary
B. Secondary
C. Excess
D. Recess
Answer:
C. Excess
A situation may arise where another form of insurance will pay claim - that insurance would be
primary.
QUESTION
Cover only losses that both occurred and were discovered during the policy period, or within
one year of its expiration. This is defined as:
A. Discovery
B. Loss Sustained
C. Sustained Loss
D. None of the Above
Answer:
B. Loss Sustained
One exception to the rule is that Loss Sustained forms will also cover losses that occurred under
previous (expired) crime policies and that were discovered during current policy year, as long as
crime coverage had continued w/o interruption
QUESTION
Any loss discovered during the policy period or within 60 days after its expiration (one year
after expiration for losses connected with employee benefit plans) is covered regardless of when
it occurred. This is defined as:
A. Loss Sustained
B. Valuation
C. Discovery
D. None of the Above
Answer:
C. Discovery
If XYZ restaurant discovers stolen goods taken over a year ago, this is within 2 years of
inception date and found within policy period so it's covered.
, QUESTION
Under Crime Insurance, the insured is covered for loss by:
A. Theft
B. Burglary
C. Robbery
D. All of the Above
Answer:
D. All of the Above
Unless the loss is specifically excluded or limited
QUESTION
Provides for loss of money and securities outside the premises in the care, custody and control
of a messenger or armored car service resulting from theft, disappearance or destruction. This is
defined as:
A. Inside the Premises
B. Outside the Premises
C. Care, Custody, & Control
D. None of the Above
Answer:
B. Outside the Premises
Also covers robbery of other property under the circumstances.
QUESTION
Taking or attempted taking of property from within a locked safe or vault, by unlawful entry,
with visible marks of forcible entry, or taking of the safe or vault from inside the premises. This
is defined as:
A. Safe Burglary
B. Inside the Premises
C. Custodial Burglary
D. None of the Above
Answer:
A. Safe Burglary
Exclusions: accounting errors, giving/surrendering property, voluntarily parting, fire (except
damage to safe/vault), vandalism, transferring property to someone based on unauthorized
instructions or from threat to harm
