Texas All Lines Adjuster Quiz (Passed!)

In order to become a licensed Insurance Adjuster in the state of TX, an individual must be_______________ yrs old. correct answers 18 The Texas All Lines Adjuster License can only be held by residents of TX? T or F correct answers False List type of Insurance Adjuster Licenses available in Texas: correct answers 1. All Lines 2. Work Comp 3. Surety 4. Casualty & Property 5. Public Adjuster The TX All Lines Insurance Adjuster License is valid for 2 yrs, and subject to Continue Ed requirements set forth by TDI. T or F correct answers True The All Lines License can be renewed within ____________ days of its expiration. correct answers 90 days If you are audited by TDI and they find that you haven't completed the necessary CE hours to maintain your license, they can fine you __________ per uncompleted hour. correct answers $50 Section 542.057 in the Tx Insurance Code was designed to ___________________________. correct answers Insure prompt payment of claims Section 542.059 in the Tx Insurance code allows _________________________ to be expempt. correct answers Catastrophe Within the first 15 calendar days of receiving the claim you must: correct answers 1. Ack receipt of claim in writing. 2. Investigate 3. Request additional information from clmt. Once the insurance company receives the requested items they have 15 business days to: correct answers 1. Except or deny claim 2. Request more time for arsin or engineering How many do you have after your license expires to renew it? correct answers 90 days When does your license expire? correct answers 2 years on your birthday How many business days do you have for arsin? correct answers 30 business days How many business days do you have for engineering? correct answers 45 business days