GA Insurance Adjuster
Course
Exam
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, GA Insurance Adjuster Course
Study online at https://quizlet.com/_8it12g
1. Six Special Characteristic of Personal, Adhesion, Utmost Good Faith, Aleatory, Unilateral,
Insurance Contracts Condition
2. Coverage F Medical Payments
3. Umbrella An umbrella policy provided liability coverage over and above
the normal or base limits of liability in a policy. An umbrella
policy is a type of excess policy
4. Risk Transference Management of severe risk by transferring the risk of another
party
5. Risk Avoidance Eliminates risk by not taking an action that involves risk
6. B.O.P. Business Owner Package
7. C.P.P Commercial Package Policies
8. Representation A statement of a fact
9. Misrepresentation A false, distorted, or deceitful statement of fact or opinion, even
if made unintentionally
10. Personal Contract Protects the policyholder from financial losses. It does not pro-
tect property from becoming damaged. Coverage the follows
the person, not the property.
11. Adhesion Contract The insurer is responsible for the term of the contract. The
insured has no say in wording. Courts favor the insured in the
event of an ambiguity.
12. Utmost Good Faith Contract Applicants are expected to be completely honest about the risk
to the insurer. The insurer must rely on applicants to conceal or
misrepresent pertinent facts.
2026
, GA Insurance Adjuster Course
Study online at https://quizlet.com/_8it12g
13. Aleatory Contract Policy holder could pay more in premiums than they ever get
for claims, or insurer could pay more in claims than it recieves.
14. 60 A discovery from commercial crime policy can apply to losses
discovered during the policy as well as up to many days after
his expiration date.
15. Reciprocal Insurer An unincorporated organization of subscriber that operates
through an attorney in fact to provide insurance benefits for its
members
16. Risk Reduction "Risk Mitiga- Taking measures to reduce the risk involved in an action
tion"
17. Risk Retention Acknowledging the risk and preparing to handle unexpected
losses that may occur.
18. Coverage B Detached Private Structures
19. Coverage D Loss of use; Fair Rental Value, Additional living expenses
20. Conditional Contract The insurer only has to perform if certain conditions are met.
21. Unilateral Contract The insurer has an obligation to pay for covered losses. The
insured has no obligation.
22. Concealment Deliberately withholding relevant information
23. Binder Temporary coverage for an insurance applicant until the policy
is issued
24. $500 Personal Article Floater have the amount of______deductible
25. Morale Hazard Takes place when insured acts differently because of the com-
fort that insurance protection provides.
2026
Course
Exam
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, GA Insurance Adjuster Course
Study online at https://quizlet.com/_8it12g
1. Six Special Characteristic of Personal, Adhesion, Utmost Good Faith, Aleatory, Unilateral,
Insurance Contracts Condition
2. Coverage F Medical Payments
3. Umbrella An umbrella policy provided liability coverage over and above
the normal or base limits of liability in a policy. An umbrella
policy is a type of excess policy
4. Risk Transference Management of severe risk by transferring the risk of another
party
5. Risk Avoidance Eliminates risk by not taking an action that involves risk
6. B.O.P. Business Owner Package
7. C.P.P Commercial Package Policies
8. Representation A statement of a fact
9. Misrepresentation A false, distorted, or deceitful statement of fact or opinion, even
if made unintentionally
10. Personal Contract Protects the policyholder from financial losses. It does not pro-
tect property from becoming damaged. Coverage the follows
the person, not the property.
11. Adhesion Contract The insurer is responsible for the term of the contract. The
insured has no say in wording. Courts favor the insured in the
event of an ambiguity.
12. Utmost Good Faith Contract Applicants are expected to be completely honest about the risk
to the insurer. The insurer must rely on applicants to conceal or
misrepresent pertinent facts.
2026
, GA Insurance Adjuster Course
Study online at https://quizlet.com/_8it12g
13. Aleatory Contract Policy holder could pay more in premiums than they ever get
for claims, or insurer could pay more in claims than it recieves.
14. 60 A discovery from commercial crime policy can apply to losses
discovered during the policy as well as up to many days after
his expiration date.
15. Reciprocal Insurer An unincorporated organization of subscriber that operates
through an attorney in fact to provide insurance benefits for its
members
16. Risk Reduction "Risk Mitiga- Taking measures to reduce the risk involved in an action
tion"
17. Risk Retention Acknowledging the risk and preparing to handle unexpected
losses that may occur.
18. Coverage B Detached Private Structures
19. Coverage D Loss of use; Fair Rental Value, Additional living expenses
20. Conditional Contract The insurer only has to perform if certain conditions are met.
21. Unilateral Contract The insurer has an obligation to pay for covered losses. The
insured has no obligation.
22. Concealment Deliberately withholding relevant information
23. Binder Temporary coverage for an insurance applicant until the policy
is issued
24. $500 Personal Article Floater have the amount of______deductible
25. Morale Hazard Takes place when insured acts differently because of the com-
fort that insurance protection provides.
2026
