Webce FL Adjuster Test With Correct
Solutions
Adjuster moves states, how long to notify dept of financial services?CORRECT ANSWERS✔✔30 days
Vacant or unoccupied house is vandalized, will property insurance cover it?CORRECT ANSWERS✔✔No,
policy reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factorsCORRECT ANSWERS✔✔Physical
deterioration, functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks theCORRECT ANSWERS✔✔Conditional
contract of the policy
Adjusters keep complete and accurate claim files for these reasons:CORRECT ANSWERS✔✔Record
activities that occur during adjustment, permit others to service the claim if the adjuster is unavailable,
support denial of the claim
What is the role of a primary care physician (PCP) in managed care plans?CORRECT ANSWERS✔✔
Coordinate member's health care treatment and access to medical specialists in the network
, Individual short term disability plans pay up toCORRECT ANSWERS✔✔2 years
In which case would the applicant be eligible for coverage through an insurer in the residual insurance
marketCORRECT ANSWERS✔✔The applicant is entitled to insurance but cannot buy it through the
voluntary market.
Failing to promptly settle a claim for which liability is uncertain is not anCORRECT ANSWERS✔✔Unfair
claims settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named insured for
how many monthsCORRECT ANSWERS✔✔6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money in
another country it must haveCORRECT ANSWERS✔✔A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy used in
most stated?CORRECT ANSWERS✔✔National Workers Compensation Organization
compulsory no-fault lawsCORRECT ANSWERS✔✔State laws that restrict an injured party's right to sue
another driver under tort law until a specific threshold of damages is surpassed
Most states allow suits against an employer if the employer fails to buy whatCORRECT ANSWERS✔✔
Workman's comp policy or authorize to self insure
A worker is injured and accepts workers compensation and later dies, can the spouse sue the
employer?CORRECT ANSWERS✔✔No, acceptance of worker's compensation falls under the doctrine of
exclusive remedy.
Solutions
Adjuster moves states, how long to notify dept of financial services?CORRECT ANSWERS✔✔30 days
Vacant or unoccupied house is vandalized, will property insurance cover it?CORRECT ANSWERS✔✔No,
policy reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factorsCORRECT ANSWERS✔✔Physical
deterioration, functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks theCORRECT ANSWERS✔✔Conditional
contract of the policy
Adjusters keep complete and accurate claim files for these reasons:CORRECT ANSWERS✔✔Record
activities that occur during adjustment, permit others to service the claim if the adjuster is unavailable,
support denial of the claim
What is the role of a primary care physician (PCP) in managed care plans?CORRECT ANSWERS✔✔
Coordinate member's health care treatment and access to medical specialists in the network
, Individual short term disability plans pay up toCORRECT ANSWERS✔✔2 years
In which case would the applicant be eligible for coverage through an insurer in the residual insurance
marketCORRECT ANSWERS✔✔The applicant is entitled to insurance but cannot buy it through the
voluntary market.
Failing to promptly settle a claim for which liability is uncertain is not anCORRECT ANSWERS✔✔Unfair
claims settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named insured for
how many monthsCORRECT ANSWERS✔✔6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money in
another country it must haveCORRECT ANSWERS✔✔A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy used in
most stated?CORRECT ANSWERS✔✔National Workers Compensation Organization
compulsory no-fault lawsCORRECT ANSWERS✔✔State laws that restrict an injured party's right to sue
another driver under tort law until a specific threshold of damages is surpassed
Most states allow suits against an employer if the employer fails to buy whatCORRECT ANSWERS✔✔
Workman's comp policy or authorize to self insure
A worker is injured and accepts workers compensation and later dies, can the spouse sue the
employer?CORRECT ANSWERS✔✔No, acceptance of worker's compensation falls under the doctrine of
exclusive remedy.
