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NC ADJUSTER LICENSE FINAL EXAM LATEST 2026-2027 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
The Motor Vehicle Liability Policy must provide - ANSWER-
uninsured or underinsured motorist coverage at least equal to the
minimum liability coverage requirements
up to $1 million per person/per accident, unless coverage is
rejected, in writing, by the named insured.
Each property agent licensee must obtain how many insurance
continuing education credits during each biennial compliance
period? - ANSWER-24
Of the 24 credits, it is also required that 3 credits must be
obtained by completing an ethic course, and 3 credits on flood
insurance and the National Flood Insurance Program.
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An agent convicted of a misdemeanor in another jurisdiction must
report the adverse action to the Commissioner within: - ANSWER-
30 days
Express Authority - ANSWER-Explicit, make clear
Implied Authority - ANSWER-not clear, not in writing
Domestic - ANSWER-Insurer conducting business in state where
it is incorporated
Alien - ANSWER-a company who writes business that is out of
the US
Foreign - ANSWER-a US company that is out of the state of NC
Admitted - ANSWER-companies need to permission to sell in NC
by NCDOI
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Non-admitted - ANSWER-doesn't have authorization to do
business in NC
Mutual Insurers - ANSWER-owned by policy holders, paid in
dividins
Government - ANSWER-US gives flood insurance
Reinsurers - ANSWER-Insurance for insurance company
Brokers - ANSWER-write business for many carriers
Risk - ANSWER-chance of loss
Peril - ANSWER-cause of loss, fire, flood, accident
Loss - ANSWER-reduction of value in an asset
Hazard - ANSWER-Increases liklehood of a look
NC ADJUSTER LICENSE FINAL EXAM LATEST 2026-2027 ACTUAL
EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
The Motor Vehicle Liability Policy must provide - ANSWER-
uninsured or underinsured motorist coverage at least equal to the
minimum liability coverage requirements
up to $1 million per person/per accident, unless coverage is
rejected, in writing, by the named insured.
Each property agent licensee must obtain how many insurance
continuing education credits during each biennial compliance
period? - ANSWER-24
Of the 24 credits, it is also required that 3 credits must be
obtained by completing an ethic course, and 3 credits on flood
insurance and the National Flood Insurance Program.
,2|Page
An agent convicted of a misdemeanor in another jurisdiction must
report the adverse action to the Commissioner within: - ANSWER-
30 days
Express Authority - ANSWER-Explicit, make clear
Implied Authority - ANSWER-not clear, not in writing
Domestic - ANSWER-Insurer conducting business in state where
it is incorporated
Alien - ANSWER-a company who writes business that is out of
the US
Foreign - ANSWER-a US company that is out of the state of NC
Admitted - ANSWER-companies need to permission to sell in NC
by NCDOI
, 3|Page
Non-admitted - ANSWER-doesn't have authorization to do
business in NC
Mutual Insurers - ANSWER-owned by policy holders, paid in
dividins
Government - ANSWER-US gives flood insurance
Reinsurers - ANSWER-Insurance for insurance company
Brokers - ANSWER-write business for many carriers
Risk - ANSWER-chance of loss
Peril - ANSWER-cause of loss, fire, flood, accident
Loss - ANSWER-reduction of value in an asset
Hazard - ANSWER-Increases liklehood of a look
