ASCORERS STUVIA n
FLORIDA 6- n
20 ALL LINES ADJUSTER TEST NEWEST UPDATE WITH 280
n n n n n n n n n
CORRECTLY ANSWERED QUESTIONS |AGRADE n n n
nn Multiple Choice n
1. _______ limit an insurer's liability. n n n n
A. Provisions
n
B. Reinstatements
n
C. Exclusions
n
D. None of the above
n n n n n
2. All of the following events are considered acts of terrorism, except:
n n n n n n n n n n
A. Acts of riot and civil commotion
n n n n n n
B. Acts considered dangerous to human life, property or infrastructure.
n n n n n n n n n
C. Acts resulting in damage within or outside the United States.
n n n n n n n n n n
D. Acts committed at the premises of any United States mission.
n n n n n n n n n n n
3. Damage to a windshield by a bird would be covered under:
n n n n n n n n n n
A. Collision
n
B. Comprehensive
n
C. Liability
n
D. All of the above.
n n n n n
4. In Ocean Marine Insurance, the term "average" means:
n n n n n n n n
,ASCORERS STUVIA n
A. The ACV of the ship
n n n n n
B. The annual premium for the insurance policy
n n n n n n n
C. Loss or damage
n n n
D. That coverage is written on a named peril basis
n n n n n n n n n n
4. A ______ health policy affords the greatest degree of continued protect
n n n n n n n n n n
ion to an insured.
n n n
A. Guaranteed renewable
n n
B. Non-cancellable
n
C. Optionally renewable
n n
D. Conditionally renewable
n n n
5. A building valued at $100,000 was insured for $80,000 with a policy co
n n n n n n n n n n n n
ntaining 80% Coinsurance clause. Disregarding any deductibles, what w
n n n n n n n n
ould the company pay on a $20,000 loss?
n n n n n n n
A. $7,500
n
B. $5,000
n
C. $15,000
n
D. $20,000
n n
6. A car, traveling at high speed, skids at a turn and rolls over. The damag
n n n n n n n n n n n n n n
e incurred would be covered under which of the following personal auto c
n n n n n n n n n n n n
overages?
A. Collision
n
B. Comprehensive
n
C. Uninsured motorist
n n
,ASCORERS STUVIA n
D. P.D. liability
n n n
7. A church has hired a painting contractor to stain and varnish the wood
n n n n n n n n n n n n
work in the building. He leaves the rags and brushes used to apply the pai
n n n n n n n n n n n n n n
nting materials in a small storage area. This is an example of:
n n n n n n n n n n n
A. A peril
n n
B. A hazard
n n
C. Assumption of risk
n n n
D. Direct loss
n n n
8. A company adjuster primarily represents the interests of:
n n n n n n n
A. The insured.
n n
B. The claimant.
n n
C. The insurer.
n n
D. The public.
n n n
9. A condominium owner-occupant would be in the market for a:
n n n n n n n n n
A. HO-2.
n
B. HO-3.
n
C. HO-4.
n
D. HO-6.
n n
10. A contractor has borrowed funds from a bank in order to finance a co
n n n n n n n n n n n n n
nstruction project. A Surety bond which guarantees the lender that the co
n n n n n n n n n n n
ntractor will use the borrowed funds to finish the contract free and clear
n n n n n n n n n n n n n
of liens is known as:
n n n n
A. A Performance bond
n n n
, ASCORERS STUVIA n
B. Bid bond.
n n
C. Completion bond
n n
D. Labor and materials bond
n n n n n
11. A deductible that is commonly used in aircraft physical damage insur
n n n n n n n n n n
ance is usually: n n
A. A percentage of the value
n n n n n
B. A flat deductible
n n n
C. A disappearing deductible
n n n
D. A franchise deductible
n n n n
12. A deer crashes into the side of the insured's car. Which of the followin
n n n n n n n n n n n n n
g PAP coverages would cover this damage?
n n n n n n
A. Property damage liability.
n n n
B. Collision.
n
C. Uninsured motorist property damage.
n n n n
D. Comprehensive.
n n
13. A homeowner has a fire that totally destroys a $200 typewriter before
n n n n n n n n n n n n
the fire is extinguished. If the fire coverage on contents contains a $250 de
n n n n n n n n n n n n n
ductible, the insured will receive: n n n n
A. $200
n
B. $50
n
C. $250
n
D. $ 0
n n n
FLORIDA 6- n
20 ALL LINES ADJUSTER TEST NEWEST UPDATE WITH 280
n n n n n n n n n
CORRECTLY ANSWERED QUESTIONS |AGRADE n n n
nn Multiple Choice n
1. _______ limit an insurer's liability. n n n n
A. Provisions
n
B. Reinstatements
n
C. Exclusions
n
D. None of the above
n n n n n
2. All of the following events are considered acts of terrorism, except:
n n n n n n n n n n
A. Acts of riot and civil commotion
n n n n n n
B. Acts considered dangerous to human life, property or infrastructure.
n n n n n n n n n
C. Acts resulting in damage within or outside the United States.
n n n n n n n n n n
D. Acts committed at the premises of any United States mission.
n n n n n n n n n n n
3. Damage to a windshield by a bird would be covered under:
n n n n n n n n n n
A. Collision
n
B. Comprehensive
n
C. Liability
n
D. All of the above.
n n n n n
4. In Ocean Marine Insurance, the term "average" means:
n n n n n n n n
,ASCORERS STUVIA n
A. The ACV of the ship
n n n n n
B. The annual premium for the insurance policy
n n n n n n n
C. Loss or damage
n n n
D. That coverage is written on a named peril basis
n n n n n n n n n n
4. A ______ health policy affords the greatest degree of continued protect
n n n n n n n n n n
ion to an insured.
n n n
A. Guaranteed renewable
n n
B. Non-cancellable
n
C. Optionally renewable
n n
D. Conditionally renewable
n n n
5. A building valued at $100,000 was insured for $80,000 with a policy co
n n n n n n n n n n n n
ntaining 80% Coinsurance clause. Disregarding any deductibles, what w
n n n n n n n n
ould the company pay on a $20,000 loss?
n n n n n n n
A. $7,500
n
B. $5,000
n
C. $15,000
n
D. $20,000
n n
6. A car, traveling at high speed, skids at a turn and rolls over. The damag
n n n n n n n n n n n n n n
e incurred would be covered under which of the following personal auto c
n n n n n n n n n n n n
overages?
A. Collision
n
B. Comprehensive
n
C. Uninsured motorist
n n
,ASCORERS STUVIA n
D. P.D. liability
n n n
7. A church has hired a painting contractor to stain and varnish the wood
n n n n n n n n n n n n
work in the building. He leaves the rags and brushes used to apply the pai
n n n n n n n n n n n n n n
nting materials in a small storage area. This is an example of:
n n n n n n n n n n n
A. A peril
n n
B. A hazard
n n
C. Assumption of risk
n n n
D. Direct loss
n n n
8. A company adjuster primarily represents the interests of:
n n n n n n n
A. The insured.
n n
B. The claimant.
n n
C. The insurer.
n n
D. The public.
n n n
9. A condominium owner-occupant would be in the market for a:
n n n n n n n n n
A. HO-2.
n
B. HO-3.
n
C. HO-4.
n
D. HO-6.
n n
10. A contractor has borrowed funds from a bank in order to finance a co
n n n n n n n n n n n n n
nstruction project. A Surety bond which guarantees the lender that the co
n n n n n n n n n n n
ntractor will use the borrowed funds to finish the contract free and clear
n n n n n n n n n n n n n
of liens is known as:
n n n n
A. A Performance bond
n n n
, ASCORERS STUVIA n
B. Bid bond.
n n
C. Completion bond
n n
D. Labor and materials bond
n n n n n
11. A deductible that is commonly used in aircraft physical damage insur
n n n n n n n n n n
ance is usually: n n
A. A percentage of the value
n n n n n
B. A flat deductible
n n n
C. A disappearing deductible
n n n
D. A franchise deductible
n n n n
12. A deer crashes into the side of the insured's car. Which of the followin
n n n n n n n n n n n n n
g PAP coverages would cover this damage?
n n n n n n
A. Property damage liability.
n n n
B. Collision.
n
C. Uninsured motorist property damage.
n n n n
D. Comprehensive.
n n
13. A homeowner has a fire that totally destroys a $200 typewriter before
n n n n n n n n n n n n
the fire is extinguished. If the fire coverage on contents contains a $250 de
n n n n n n n n n n n n n
ductible, the insured will receive: n n n n
A. $200
n
B. $50
n
C. $250
n
D. $ 0
n n n
