Adjuster Pro: Indiana Adjuster's License –
Practice Exam Questions and answers with
100% Complete solutions | verified
&updated 2024| Graded A+
Which statement about Personal Article Floaters is FALSE?
A. They pay the least of the following for damaged property: actual cash
value; the cost to repair or replace; or the coverage limits.
B. Coverage is worldwide.
C. They cover property on an open-peril basis.
D. They have a $500 deductible. - ✔✔D
In a Commercial Crime policy, a "messenger" is defined as:
A. the insured, a business partner, or an employee who has care or custody of
insured property inside the premises, excluding anyone acting as a
watchperson or janitor.
B. someone hired by the insured to have no other duty but to transport insured
property from the premises to another location.
,C. the insured or relative of the insured, a business partner, or an employee
who has care and custody of insured property while outside the premises.
D. someone hired by the insured to have no other duty but to maintain care
and custody of insured property inside the premises.
Your Answer - ✔✔C
*Every workers' comp insurance company that operates in Indiana must:
A. join the Indiana Life and Health Insurance Guaranty Association.
Your Answer
B. become a Lloyd's plan insurer.
C. become a member of the Indiana Insurance Guaranty Association.
D. have a physical office with a minimum of 2,500 square feet. - ✔✔C
Which of the following statements about Crop-Hail insurance is FALSE?
A. It is subsidized by the FCIC.
B. It is rated on an acreage basis.
, C. It is generally available from private insurers.
D. It covers for damage due to hail, but also fire, lightning, wind, and others. -
✔✔A
All of the following are true about mediation, except:
A. the mediator is a neutral third party.
B. either party may walk away.
C. settlement is only legally binding if both parties agree to it.
D. the mediator's decision is legally binding. - ✔✔D
Which of the following would NOT be covered under the Comprehensive section
of a PAP?
A. Rollover
B. Fire
C. Flood
D. Theft - ✔✔A
Practice Exam Questions and answers with
100% Complete solutions | verified
&updated 2024| Graded A+
Which statement about Personal Article Floaters is FALSE?
A. They pay the least of the following for damaged property: actual cash
value; the cost to repair or replace; or the coverage limits.
B. Coverage is worldwide.
C. They cover property on an open-peril basis.
D. They have a $500 deductible. - ✔✔D
In a Commercial Crime policy, a "messenger" is defined as:
A. the insured, a business partner, or an employee who has care or custody of
insured property inside the premises, excluding anyone acting as a
watchperson or janitor.
B. someone hired by the insured to have no other duty but to transport insured
property from the premises to another location.
,C. the insured or relative of the insured, a business partner, or an employee
who has care and custody of insured property while outside the premises.
D. someone hired by the insured to have no other duty but to maintain care
and custody of insured property inside the premises.
Your Answer - ✔✔C
*Every workers' comp insurance company that operates in Indiana must:
A. join the Indiana Life and Health Insurance Guaranty Association.
Your Answer
B. become a Lloyd's plan insurer.
C. become a member of the Indiana Insurance Guaranty Association.
D. have a physical office with a minimum of 2,500 square feet. - ✔✔C
Which of the following statements about Crop-Hail insurance is FALSE?
A. It is subsidized by the FCIC.
B. It is rated on an acreage basis.
, C. It is generally available from private insurers.
D. It covers for damage due to hail, but also fire, lightning, wind, and others. -
✔✔A
All of the following are true about mediation, except:
A. the mediator is a neutral third party.
B. either party may walk away.
C. settlement is only legally binding if both parties agree to it.
D. the mediator's decision is legally binding. - ✔✔D
Which of the following would NOT be covered under the Comprehensive section
of a PAP?
A. Rollover
B. Fire
C. Flood
D. Theft - ✔✔A
