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OKLAHOMA ROOFING ENDORSEMENT PRACTICE EXAM WITH ALL CORRECT & VERIFIED ANSWERS

Oklahoma Adjuster Exam #2 Latest Updated Solved 100% Correct

OKLAHOMA ADJUSTER EXAM 2 OKLAHOMA EXAM 2 LATEST VERSION ACTUAL EXAM AND STUDY GUIDE 259 QUESTIONS AND CORRECT DETAILED ANSWERS OKLAHOMA ADJUSTER EXAM 2 OKLAHOMA EXAM 2 LATEST VERSION ACTUAL EXAM AND STUDY GUIDE 259 QUESTIONS AND CORRECT DETAILED ANSWERS OKLAHOMA ADJUSTER EXAM 2 OKLAHOMA EXAM 2 LATEST VERSION ACTUAL EXAM AND STUDY GUIDE 259 QUESTIONS AND CORRECT DETAILED ANSWERS OKLAHOMA ADJUSTER EXAM 2 OKLAHOMA EXAM 2 LATEST VERSION ACTUAL EXAM AND STUDY ...

©THEBRIGHT EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 Oklahoma Adjuster Exam Prep Questions With Verified Answers What is insurance - AnswersFinancial tool that protects individuals and organizations from unforeseen and extraordinary financial losses by transferring risk to another party Pays premium to insurance company - AnswersPiece of mind that you are covered Premium payments go into - AnswersPools or reserves Pools/Reserves should be - AnswersMore than the cost of claims Pr...

©THEBRIGHT EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 Oklahoma Adjuster License – 3 Exam Questions With Verified Answers All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - AnswersA proof of loss is also known as a loss notice The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the loss has occurred. Which of the following acts is NOT considered t...

©THEBRIGHT EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 Oklahoma Adjuster Exam #2 Questions With Verified Answers An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - AnswersThe Insured If a fire hazard causes damage to a building, the fire is? - AnswersA peril wearing a seatbelt in a car is an example of which method or managing risk? - AnswersReduce Tiffany leaves her car unlocked when she goes shoppin...

An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - The Insured If a fire hazard causes damage to a building, the fire is? - A peril wearing a seatbelt in a car is an example of which method or managing risk? - Reduce Tiffany leaves her car unlocked when she goes shopping. She figures her car and its contents are insured, so there is no reason to worry. Which type of hazard is this an example of? - Morale A fl...

____ are the types of cause of loss form in a commercial package policy - Basic, Broad, or Special _____ is not eligible for a dwelling policy - Farm _______ are specifically excluded from coverage in Coverage C of the homeowner's policy? - Animals __________ acts like a deductible and is the amount of loss the insured must cover out of pocket when seeking coverage from an Umbrella policy? - Self -retention limit (SIR) A bird flying into the windshield of an auto is considered? - A compre...

the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWERS5 years maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWERS$5,000 written proof of loss must be sent to insurer within ______ days of loss - ANSWERS60 days insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWERS60 Days records must be retained for at l...