Alabama Insurance
Adjuster Exam
2026
Questions and Answers
(A+ Grade Guarantee)
, alabama insurance adjuster exam
Study online at https://quizlet.com/_e47w9j
1. It must be a nota- Which of the following is NOT a requirement for a legally binding contract ?
rized document
2. Principle of In- Greg plays trombone in his school band during football games . During a rally
demnity song in the stands one day , Greg annoys one of the opposing team's fans ,
who grabs his $ 400 trombone and hurls it down the bleachers , completely
destroying it . Greg's insurance pays him $ 400 to replace the trombone , but then
the opposing team's coach also offers to replace the instrument , at whatever
the cost . So Greg orders a new $ 3,200 trombone and has the opposing team's
athletic department absorb the cost . Which principle has Greg violated ?
3. Premium The fee paid by the insured in exchange for an insurance policy is called a :
4. Unilateral Con- In a _________ only one party is legally obligated to perform
tract
5. conditions In which section of an insurance policy, might you find the following statement?
"Damage to insured property must be reported within 15 days of the damaging
occurrence. "
6. The insuring in an insurance policy, the summary of what the insurer will do in the event of
agreement covered loss is called:
7. foreign an insurer that adheres to the law of a state, but is located outside of that state
is called a_____ insurer
8. A fraternal ben- Which of the following best describes a Fraternal Benefit Society ?
efit society is a
social organiza-
tion based around
common interests
and beliefs .
2026
, alabama insurance adjuster exam
Study online at https://quizlet.com/_e47w9j
9. a driver's tenden- which of the following is a hazard
cy to text while
driving
10. sandra's home is which of the following is an example of a hazard
in an area of los
Angeles that is of-
ten hit by earth-
quakes
11. High-crime neigh- an insurance company might consider any of the following a risk, EXCEPT
borhoods
12. the ring is a pure Steve has just purchased a wedding ring for his new bride. If something were
risk to happen to the ring, he'd be out a lot of money, so he purchases an insurance
policy. He is able to do this because:
13. risk when an insurer issues an insurance policy, the actual item, person, or organi-
zation that is being insured is called the:
14. Risk Rentention six stars development company has just purchased several large properties in
Las Vegas. As a result of this large purchase They are a little short on money and
decide to save money by not purchasing insurance on their new properties. Six
stars is practicing:
15. risk reduction . Jared hopes to purchase a new insurance policy for his car , but he has an
extremely poor driving record . The insurance company decides to issue Jared
an insurance policy , but charges him a premium much higher than the average
driver . The insurance company is practicing :
16. Risk equality Which of the following is NOT a risk management technique ?
17. Temporary cover- What is a binder ?
age for an in-
2026
Adjuster Exam
2026
Questions and Answers
(A+ Grade Guarantee)
, alabama insurance adjuster exam
Study online at https://quizlet.com/_e47w9j
1. It must be a nota- Which of the following is NOT a requirement for a legally binding contract ?
rized document
2. Principle of In- Greg plays trombone in his school band during football games . During a rally
demnity song in the stands one day , Greg annoys one of the opposing team's fans ,
who grabs his $ 400 trombone and hurls it down the bleachers , completely
destroying it . Greg's insurance pays him $ 400 to replace the trombone , but then
the opposing team's coach also offers to replace the instrument , at whatever
the cost . So Greg orders a new $ 3,200 trombone and has the opposing team's
athletic department absorb the cost . Which principle has Greg violated ?
3. Premium The fee paid by the insured in exchange for an insurance policy is called a :
4. Unilateral Con- In a _________ only one party is legally obligated to perform
tract
5. conditions In which section of an insurance policy, might you find the following statement?
"Damage to insured property must be reported within 15 days of the damaging
occurrence. "
6. The insuring in an insurance policy, the summary of what the insurer will do in the event of
agreement covered loss is called:
7. foreign an insurer that adheres to the law of a state, but is located outside of that state
is called a_____ insurer
8. A fraternal ben- Which of the following best describes a Fraternal Benefit Society ?
efit society is a
social organiza-
tion based around
common interests
and beliefs .
2026
, alabama insurance adjuster exam
Study online at https://quizlet.com/_e47w9j
9. a driver's tenden- which of the following is a hazard
cy to text while
driving
10. sandra's home is which of the following is an example of a hazard
in an area of los
Angeles that is of-
ten hit by earth-
quakes
11. High-crime neigh- an insurance company might consider any of the following a risk, EXCEPT
borhoods
12. the ring is a pure Steve has just purchased a wedding ring for his new bride. If something were
risk to happen to the ring, he'd be out a lot of money, so he purchases an insurance
policy. He is able to do this because:
13. risk when an insurer issues an insurance policy, the actual item, person, or organi-
zation that is being insured is called the:
14. Risk Rentention six stars development company has just purchased several large properties in
Las Vegas. As a result of this large purchase They are a little short on money and
decide to save money by not purchasing insurance on their new properties. Six
stars is practicing:
15. risk reduction . Jared hopes to purchase a new insurance policy for his car , but he has an
extremely poor driving record . The insurance company decides to issue Jared
an insurance policy , but charges him a premium much higher than the average
driver . The insurance company is practicing :
16. Risk equality Which of the following is NOT a risk management technique ?
17. Temporary cover- What is a binder ?
age for an in-
2026
