ALASKA ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS

ALASKA ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS With an Equipment Breakdown policy, the loss settlement is: - correct answer Replacement cost if the repair or replacement is made within 24 months If a large employer has a current Workers Compensation policy with an experience modification factor above 1.00, the employer has had a: - correct answer The employer has had a worse-than-expected claims experience during the last few years What is the waiting period before benefits are paid to an employee as the result of a work related injury? - correct answer 3 days Within how many days from the date of the initial payment to an injured employee covered under workers compensation must the insurer notify the workers compensation division that payment has begun, or has been increased, decreased, suspended, terminated or changed in type? - correct answer 28 days The purpose of the Limited Fungi, Wet or Dry Rot or Bacteria Coverage endorsement is: - correct answer May be used to add coverage to the property and/or liability sections of the policy If an employee has a permanent physical impairment from any cause or origin incurs a subsequent disa