Super-Duper Texas Adjuster License Test Review 3000! EXAM
2025/2026 Actual Complete Real Exam Questions And Correct
Answers (VerifiedAnswers) | Guaranteed Success!! 2025 Brand
New Version!!
Insurance Policy: What is an insurance binder? - ANSWER-
Proof of insurance
given to the insured by the insurer until the actual policy can
be created and
delivered.
Insurance Policy: An insurance binder provides evidence of
coverage for up to
_________ - ANSWER-30
days
Insurance Policy: list the 6 basic contents of an insurance
policy – ANSWER-DDICEE
Declarations Page, Definitions, Insuring Agreement,
Conditions, Exclusions,
Endorsements
,Insurance Policy: What is a unilateral contract? - ANSWER-a
contract where
only one of the participating parties makes a
promise to perform
Insurance Policy: What 9 items are found on the declarations
page of most insurance policies - ANSWER-1) Name of insured
2) Address of insured
3) Limits of Coverage
4) Description
5) Valuation and Location of Property
6) Cost of the Policy
7) Premium amounts
8) Deductibles
9) Policy number and dates of coverage
Insurance Policy: Who receives any premium refund,
cancellation and/or nonrenewal notices of the insurance
policy? - ANSWER-1st Named Insured -- they are responsible
for upholding the duties and obligations of the policy
agreement too
Insurance Policy: List 3 other people who are covered under an
insurance policy as "insured" - ANSWER-1) spouse who
resides in insured's home
,2) resident relatives
3) any person under the age of 21 who is in the care, or custody
of any insured or named insured
Insurance Policy: What is meant by "policy territory"? -
ANSWER-this is the geographic area in which the property
must be damaged ( in inland marine policies) or where injury or
damage must occur (liability policies) for coverage to apply.
Insurance Policy: What is the significance of the "definitions"
section in an insurance policy? - ANSWER-This section
outlines the specific meaning of certain terms that are
contained in the policy and are there to provided clarification of
the intent of the contract.
Insurance Policy: What is meant by "conditions" in an
insurance policy? -
ANSWER-This is the section of the insurance policy
that details the
responsibilities, limitations and obligations of the insurer
and the insured.
Insurance Policy: List two people who would have an
insurable interest in the
, insured property - ANSWER-1) the
insured
2) the mortgage or loan company if the property is
being financed
Insurance Policy: What does "insurable interest" refer to ? -
ANSWER-The
financial loss a person will suffer when an
event occurs
Insurance Policy: How may the insurance company indemnify
the insured if there is a loss to a pair or set? - ANSWER-1)
Repair or replace any part OR 2) Pay the difference between the
Actual Cash Value (ACV) or the property before and after the
loss
Insurance Policy: If there is a disagreement between the insured
and the insurer
on the amount of the loss, then either of them may make a
written demand for
what ? - ANSWER-An Appraisal of
the loss.
Insurance Policy: Catastrophe claims have an extended
deadline of ____
2025/2026 Actual Complete Real Exam Questions And Correct
Answers (VerifiedAnswers) | Guaranteed Success!! 2025 Brand
New Version!!
Insurance Policy: What is an insurance binder? - ANSWER-
Proof of insurance
given to the insured by the insurer until the actual policy can
be created and
delivered.
Insurance Policy: An insurance binder provides evidence of
coverage for up to
_________ - ANSWER-30
days
Insurance Policy: list the 6 basic contents of an insurance
policy – ANSWER-DDICEE
Declarations Page, Definitions, Insuring Agreement,
Conditions, Exclusions,
Endorsements
,Insurance Policy: What is a unilateral contract? - ANSWER-a
contract where
only one of the participating parties makes a
promise to perform
Insurance Policy: What 9 items are found on the declarations
page of most insurance policies - ANSWER-1) Name of insured
2) Address of insured
3) Limits of Coverage
4) Description
5) Valuation and Location of Property
6) Cost of the Policy
7) Premium amounts
8) Deductibles
9) Policy number and dates of coverage
Insurance Policy: Who receives any premium refund,
cancellation and/or nonrenewal notices of the insurance
policy? - ANSWER-1st Named Insured -- they are responsible
for upholding the duties and obligations of the policy
agreement too
Insurance Policy: List 3 other people who are covered under an
insurance policy as "insured" - ANSWER-1) spouse who
resides in insured's home
,2) resident relatives
3) any person under the age of 21 who is in the care, or custody
of any insured or named insured
Insurance Policy: What is meant by "policy territory"? -
ANSWER-this is the geographic area in which the property
must be damaged ( in inland marine policies) or where injury or
damage must occur (liability policies) for coverage to apply.
Insurance Policy: What is the significance of the "definitions"
section in an insurance policy? - ANSWER-This section
outlines the specific meaning of certain terms that are
contained in the policy and are there to provided clarification of
the intent of the contract.
Insurance Policy: What is meant by "conditions" in an
insurance policy? -
ANSWER-This is the section of the insurance policy
that details the
responsibilities, limitations and obligations of the insurer
and the insured.
Insurance Policy: List two people who would have an
insurable interest in the
, insured property - ANSWER-1) the
insured
2) the mortgage or loan company if the property is
being financed
Insurance Policy: What does "insurable interest" refer to ? -
ANSWER-The
financial loss a person will suffer when an
event occurs
Insurance Policy: How may the insurance company indemnify
the insured if there is a loss to a pair or set? - ANSWER-1)
Repair or replace any part OR 2) Pay the difference between the
Actual Cash Value (ACV) or the property before and after the
loss
Insurance Policy: If there is a disagreement between the insured
and the insurer
on the amount of the loss, then either of them may make a
written demand for
what ? - ANSWER-An Appraisal of
the loss.
Insurance Policy: Catastrophe claims have an extended
deadline of ____
