ACA Accredited Claims
Adjuster 2026 Exam Questions
and Answers | Already Graded
A+
All of the following describe insurable interest EXCEPT:
A Insurable Interest must exist at the time of the loss.
B Insurance Interest must exist for insurance to respond.
C Show a similarity between insurance and wagering.
,D The insured would suffer an economic loss. - ANSWER ✔✔Show
similarity between insurance and wagering
An insurance policy is a contract with all of the following characteristics,
EXCEPT:
A It is a personal contract.
B Parties are of unequal power with ambiguities or unclear wording
resolved in favor of the insured because it is a contract of adhesion.
C Indemnity is not part of an insurance contract.
D There are conditions imposed upon both the insurer and insured. -
ANSWER ✔✔Indemnity is not a part of an insurance contract
An insurance contract may contain a "gray area" or an ambiguity, that is
generally resolved in favor of the insured because insurance policies are
contracts of:
,A Indemnity
B Cohesion
C Adhesion
D Conditions - ANSWER ✔✔Adhesion
If an insured sells his car to another person, the buyer may be prohibited
from also receiving the insurance policy. This is because the insurance
contract is a contract of:
A Personal nature
B Indemnity
C Adhesion
D Actual cash value - ANSWER ✔✔Personal Nature
Strict or absolute liability:
A applies to school systems.
B must have failure to use "due care."
C considers the actions of a prudent person.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, D is assigned by law or statute. - ANSWER ✔✔Is assigned by law or
statute
Jack and connie- both 50 years old and of sound mind- agreed to have
Jack burn down Connie's house for $10,000. What element of a valid
contract is missing?
A Legal purpose
B Competent parties
C Consideration
D Agreement of the parties - ANSWER ✔✔Legal purpose
Risks that are insurable are:
A Speculative risk
B Pure risk
C Both A & B
D None of the above - ANSWER ✔✔Pure risk
Insurance that covers the responsibility for loss arising out of a policy
holder's negligence -that results to a party other than the insured is:
Adjuster 2026 Exam Questions
and Answers | Already Graded
A+
All of the following describe insurable interest EXCEPT:
A Insurable Interest must exist at the time of the loss.
B Insurance Interest must exist for insurance to respond.
C Show a similarity between insurance and wagering.
,D The insured would suffer an economic loss. - ANSWER ✔✔Show
similarity between insurance and wagering
An insurance policy is a contract with all of the following characteristics,
EXCEPT:
A It is a personal contract.
B Parties are of unequal power with ambiguities or unclear wording
resolved in favor of the insured because it is a contract of adhesion.
C Indemnity is not part of an insurance contract.
D There are conditions imposed upon both the insurer and insured. -
ANSWER ✔✔Indemnity is not a part of an insurance contract
An insurance contract may contain a "gray area" or an ambiguity, that is
generally resolved in favor of the insured because insurance policies are
contracts of:
,A Indemnity
B Cohesion
C Adhesion
D Conditions - ANSWER ✔✔Adhesion
If an insured sells his car to another person, the buyer may be prohibited
from also receiving the insurance policy. This is because the insurance
contract is a contract of:
A Personal nature
B Indemnity
C Adhesion
D Actual cash value - ANSWER ✔✔Personal Nature
Strict or absolute liability:
A applies to school systems.
B must have failure to use "due care."
C considers the actions of a prudent person.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, D is assigned by law or statute. - ANSWER ✔✔Is assigned by law or
statute
Jack and connie- both 50 years old and of sound mind- agreed to have
Jack burn down Connie's house for $10,000. What element of a valid
contract is missing?
A Legal purpose
B Competent parties
C Consideration
D Agreement of the parties - ANSWER ✔✔Legal purpose
Risks that are insurable are:
A Speculative risk
B Pure risk
C Both A & B
D None of the above - ANSWER ✔✔Pure risk
Insurance that covers the responsibility for loss arising out of a policy
holder's negligence -that results to a party other than the insured is:
