NORTH CAROLINA ADJUSTER FINAL EXAM
2026/2027 WITH ACTUAL CORRECT
QUESTIONS AND VERIFIED DETAILED
ANSWERS |CURRENTLY TESTING
QUESTIONS AND SOLUTIONS|ALREADY
GRADED A+|NEWEST |BRAND NEW
VERSION|JUST RELEASED!!
If an individual that is expected to have extensive technical knowledge or training in a particular
area of expertise, makes a mistake while working and injures someone physically. What type of
liability protection would that person need?
Professional Liability Insurance
Three sections of Commercial General Liability are?
Professional, Product, and Premises
Professional liability in the medical field is referred to as
____________________________________________?
Malpractice Insurance
This is the most that will be paid for the combined totals of Coverage A, B, and C?
General Aggregate Limit
What is the most basic insurance policy available for rental properties?
TDP-1
What coverage is an important part of many TDP-3 policies?
Loss of Rents
Which dwelling policy provides coverage for all risks of physical loss, unless excluded?
1|Page
,TDP-3
What Dwelling policy is considered a middle-of-the-road landlord insurance policy?
TDP-2
The TDP-1 policy and/or optional perils does not provide coverage for?
Theft
Most TDP-1 insurance policies are settled at?
Actual Cash Value
Which of the following personal property items is covered under a TDP-3 policy?
Refrigerator
Which dwelling policy is an actual cash value insurance policy?
TDP-1
This is a covered peril involving the act of voluntarily throwing cargo or portions of a ship
overboard to save the vessel from sinking or suffering other damage?
Jettison
These are the manmade causes of the loss that occur on board ship during ocean travel?
Perils on the sea
This clause states that, in the event of loss, the policyholder or its representative is permitted
and obligated to take action to prevent, limit, or reduce the loss?
Sue and labor clause
Fraud or other criminal acts committed by the ship's master or crew that result in a loss to the
ship or cargo is called?
Barratry
2|Page
, This is a type of business income insurance that covers the shipping profit?
Freight Insurance
What is the oldest form of Insurance
Ocean Marine
What is the legal principle of maritime law according to which all parties in a sea venture
proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to
save the whole in an emergency?
General Average Losses
This protects the ship owner from the consequences of his agents' negligent acts
Protection and indemnity
This form covers the interests of the owner of commercial cameras, musical instruments, and
related equipment and similar property of others that is in the insured's care?
Commercial Articles
Newly acquired jewelry, watches, furs, cameras and similar items are automatically covered for
how many days?
30
This coverage is also referred to as carriers' liability?
Motor Truck Cargo Policy
The Inland Marine policy that provides coverage for bridges, tunnels, and other
instrumentalities of transportation and communication?
Fixed Transportation
This floater provides protection for an insured's personal property away from the residence?
Personal effects floater
3|Page
2026/2027 WITH ACTUAL CORRECT
QUESTIONS AND VERIFIED DETAILED
ANSWERS |CURRENTLY TESTING
QUESTIONS AND SOLUTIONS|ALREADY
GRADED A+|NEWEST |BRAND NEW
VERSION|JUST RELEASED!!
If an individual that is expected to have extensive technical knowledge or training in a particular
area of expertise, makes a mistake while working and injures someone physically. What type of
liability protection would that person need?
Professional Liability Insurance
Three sections of Commercial General Liability are?
Professional, Product, and Premises
Professional liability in the medical field is referred to as
____________________________________________?
Malpractice Insurance
This is the most that will be paid for the combined totals of Coverage A, B, and C?
General Aggregate Limit
What is the most basic insurance policy available for rental properties?
TDP-1
What coverage is an important part of many TDP-3 policies?
Loss of Rents
Which dwelling policy provides coverage for all risks of physical loss, unless excluded?
1|Page
,TDP-3
What Dwelling policy is considered a middle-of-the-road landlord insurance policy?
TDP-2
The TDP-1 policy and/or optional perils does not provide coverage for?
Theft
Most TDP-1 insurance policies are settled at?
Actual Cash Value
Which of the following personal property items is covered under a TDP-3 policy?
Refrigerator
Which dwelling policy is an actual cash value insurance policy?
TDP-1
This is a covered peril involving the act of voluntarily throwing cargo or portions of a ship
overboard to save the vessel from sinking or suffering other damage?
Jettison
These are the manmade causes of the loss that occur on board ship during ocean travel?
Perils on the sea
This clause states that, in the event of loss, the policyholder or its representative is permitted
and obligated to take action to prevent, limit, or reduce the loss?
Sue and labor clause
Fraud or other criminal acts committed by the ship's master or crew that result in a loss to the
ship or cargo is called?
Barratry
2|Page
, This is a type of business income insurance that covers the shipping profit?
Freight Insurance
What is the oldest form of Insurance
Ocean Marine
What is the legal principle of maritime law according to which all parties in a sea venture
proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to
save the whole in an emergency?
General Average Losses
This protects the ship owner from the consequences of his agents' negligent acts
Protection and indemnity
This form covers the interests of the owner of commercial cameras, musical instruments, and
related equipment and similar property of others that is in the insured's care?
Commercial Articles
Newly acquired jewelry, watches, furs, cameras and similar items are automatically covered for
how many days?
30
This coverage is also referred to as carriers' liability?
Motor Truck Cargo Policy
The Inland Marine policy that provides coverage for bridges, tunnels, and other
instrumentalities of transportation and communication?
Fixed Transportation
This floater provides protection for an insured's personal property away from the residence?
Personal effects floater
3|Page
