FLORIDA PUBLIC ADJUSTER STATE TEST EXAM QUESTIONS
WITH COMPLETE SOLUTIONS GUARANTEED PASS
Florida No-Fault Tort Exemption - ANSWER ->Those who comply
with the law are granted limited immunity from suits of others
through PIP coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) -
ANSWER ->1. Significant and Permanent loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? - ANSWER ->National Flood
Insurance Program
Form SR-22 - ANSWER ->Drivers Convicted of DUI or a traffic
felony over the prior 3 years are required to have 100/300/50
coverage or a certificate of self insurance of $350,000.
Contents of a CGL Contract - ANSWER ->1.Declarations Form
2.Common Policy Conditions Form 3.
One of:
,A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Endorsement.
Declarations of a CGL Contract(4) - ANSWER ->1.Named
Insured(including address)
2.Policy Period
3.Premium
4.Limits of Coverage
7 Common CGL Conditions - ANSWER ->1.Cancellation(30 Days
by insurer option, 10 Days By no payment).
2.Changes
3.Examination of Books
4.Inspections and Surveys
5.Premiums
6.Transfer
7.Nuclear Endorsement
CGL Coverage A - ANSWER ->Bodily Injury and Property Damage
Insuring Agreement
The 3 Conditions that define work as "completed" - ANSWER
>1.When all work called for in the contract is completed.
2.When all work to be done at the site has been completed if
one contract calls for work at more than one site.
, 3.When that part of the work done at a job site has been put to
its intended use by any person or organization other than
another contractor or subcontractor.
Occurance - ANSWER ->An accident, including continuous or
repeated exposure to substantially the same general harmful
conditions.
accident - ANSWER ->Sudden, unexpected event
The Difference between "Occurance" and "Claims Made" CGL
Coverages - ANSWER ->The Coverage Trigger:
The Occurance Form applies to BI and PD regardless of any
later time at which the claim is made.
The Claims-Made Form applies only to BI and PD that occurs on
or after the "Retro-Active date"
Retro-Active Date - ANSWER ->The date on which the coverage
legally began.
Basic Extended Reporting Period for CGL - ANSWER ->60 Days
after expiration
Why is the term "Coverage Trigger" misleading? - ANSWER
>Because it intends to refer to the time period during which the
insurance contract is in effect.
WITH COMPLETE SOLUTIONS GUARANTEED PASS
Florida No-Fault Tort Exemption - ANSWER ->Those who comply
with the law are granted limited immunity from suits of others
through PIP coverage.
4 Exceptions to Tort Exemption(Threshold of No-Fault) -
ANSWER ->1. Significant and Permanent loss of bodily function.
2.Permanent injury other than scarring and disfigurement.
3.Significant and Permanent scarring or disfigurement.
4.Death
What does NFIP stand for? - ANSWER ->National Flood
Insurance Program
Form SR-22 - ANSWER ->Drivers Convicted of DUI or a traffic
felony over the prior 3 years are required to have 100/300/50
coverage or a certificate of self insurance of $350,000.
Contents of a CGL Contract - ANSWER ->1.Declarations Form
2.Common Policy Conditions Form 3.
One of:
,A.Occurrence Form
B.Claims Made Form
4.Nuclear Energy Liability Exclusion Endorsement.
Declarations of a CGL Contract(4) - ANSWER ->1.Named
Insured(including address)
2.Policy Period
3.Premium
4.Limits of Coverage
7 Common CGL Conditions - ANSWER ->1.Cancellation(30 Days
by insurer option, 10 Days By no payment).
2.Changes
3.Examination of Books
4.Inspections and Surveys
5.Premiums
6.Transfer
7.Nuclear Endorsement
CGL Coverage A - ANSWER ->Bodily Injury and Property Damage
Insuring Agreement
The 3 Conditions that define work as "completed" - ANSWER
>1.When all work called for in the contract is completed.
2.When all work to be done at the site has been completed if
one contract calls for work at more than one site.
, 3.When that part of the work done at a job site has been put to
its intended use by any person or organization other than
another contractor or subcontractor.
Occurance - ANSWER ->An accident, including continuous or
repeated exposure to substantially the same general harmful
conditions.
accident - ANSWER ->Sudden, unexpected event
The Difference between "Occurance" and "Claims Made" CGL
Coverages - ANSWER ->The Coverage Trigger:
The Occurance Form applies to BI and PD regardless of any
later time at which the claim is made.
The Claims-Made Form applies only to BI and PD that occurs on
or after the "Retro-Active date"
Retro-Active Date - ANSWER ->The date on which the coverage
legally began.
Basic Extended Reporting Period for CGL - ANSWER ->60 Days
after expiration
Why is the term "Coverage Trigger" misleading? - ANSWER
>Because it intends to refer to the time period during which the
insurance contract is in effect.
