STUDYSAGE
Texas all lines adjuster exam STUDY
GUIDE WITH DETAILED QUESTIONS
AND 100% UPDATED
ANSWERS.ALREADY GRADED A.
All of the following are criteria for an accident to have occurred "in the course of"
the employment under a workers' compensation policy, EXCEPT: - CORRECT
ANSWERS✔️✔️While performing a task that a fellow worker requested, that was
unusual to the employee's job description, but occurred on the employer's
premises during working hours.
Which of the following statements is NOT TRUE regarding the implied warranties
of an Ocean Marine policy? - CORRECT ANSWERS✔️✔️The implied warranties
are attached to the policy as an endorsement..
Parmelia is covered under two separate standardized Personal Automobile
policies, with Part C limits under both policies set at $200,000. Parmelia is
involved in an accident with an uninsured motorist and she sustains bodily injury
damages for $262,320. How much will Parmelia receive when she submits a claim
for these damages - CORRECT ANSWERS✔️✔️$200,000
Which of the following endorsements must be attached to a standard
Businessowners policy for coverage to apply to a businesses freezer that was
damaged by the interruption of a power source - CORRECT ANSWERS✔️✔️Utility
Services - Direct Damage endorsement.
After completing an inspection of an insured's pressure equipment and fire
suppression systems, the inspector determines that the pressure equipment
needs to be repaired and the suppression systems have not been cleaned and
inspected in the time frame required by the policy. The insurer will: - CORRECT
SUCCESS
,STUDYSAGE
ANSWERS✔️✔️Suspend coverage immediately by red tagging the items until they
are repaired, cleaned and pass reinspection
To be eligible for coverage under a standardized Dwelling policy, the insured must
not allow more than _______ boarders to live on the premises. - CORRECT
ANSWERS✔️✔️5
All of the following are "Perils of the Sea" under an Ocean Marine policy, EXCEPT:
- CORRECT ANSWERS✔️✔️Pirates
The amount of insurance countersigned, issued, or sold by an agent or producer
to cover immediate family members, an employer, or employees is known as: -
CORRECT ANSWERS✔️✔️Controlled business
Which of the following standardized Dwelling insurance forms provides coverage
for loss of rental income - CORRECT ANSWERS✔️✔️The DP-1, DP-2, and DP-3
forms
The "Part B - Medical Payments" coverage of a personal automobile policy covers
injuries for all of the following, EXCEPT: - CORRECT ANSWERS✔️✔️A passenger
who is injured in another vehicle that is struck by the insured's vehicle in an
accident
Which of the following are the Texas Workers' Compensation benefits that are
increased by a cost-of-living adjustment (COLAs) - CORRECT
ANSWERS✔️✔️Lifetime Income Benefits (LIBs) only
SUCCESS
,STUDYSAGE
Hannah must take time away from work to help assist in the investigation of a
claim that was made against her BOP policy. The policy will pay for Hannah's
actual loss of earnings up to: - CORRECT ANSWERS✔️✔️$250 per day.
Surplus Lines companies in Texas have _____ to acknowledge the receipt of a
claim. - CORRECT ANSWERS✔️✔️30 days.
All of the following are characteristics of a principal that a surety will scrutinize
during the underwriting process, EXCEPT: - CORRECT
ANSWERS✔️✔️Consideration.
Under Section II of a Homeowners policy, a cemetery plot owned by the insured is
considered to be: - CORRECT ANSWERS✔️✔️An insured location.
Which of the following is NOT one of the four major coverages of an Ocean
Marine policy? - CORRECT ANSWERS✔️✔️Seaworthiness.
A ship has suffered damage and sunk. Which of the following would respond to
cover the loss of the ship? - CORRECT ANSWERS✔️✔️Hull Insurance.
As a fiduciary agent, an adjuster has the power to bind the insurer. Which of the
following statements is FALSE regarding this power? - CORRECT
ANSWERS✔️✔️Only an adjuster's written statements can legally bind an insurer.
The standardized Dwelling forms consider all eruptions of a volcano within a
__________ period to be a single "occurrence". - CORRECT ANSWERS✔️✔️72-
hour
SUCCESS
, STUDYSAGE
Whose responsibility is it to complete a "proof of loss"? - CORRECT
ANSWERS✔️✔️The claimant.
Which of the following would NOT be determined by a court when an insurer has
filed a declaratory judgment action? - CORRECT ANSWERS✔️✔️The type and
amount of damages that will be paid to a plaintiff for the claim that is being
disputed.
Which of the following statements is TRUE regarding the Homeowners "additional
coverage" known as Landlord's Furnishings? - CORRECT ANSWERS✔️✔️The
coverage is not additional insurance and does not increase the limits of the policy.
Which of the following would be covered under the Jones Act? - CORRECT
ANSWERS✔️✔️Crew members of a ship.
All of the following statements are true regarding a Personal Liability Supplement,
EXCEPT: - CORRECT ANSWERS✔️✔️The policy will cover watercraft liability.
Which of the following statements is TRUE regarding Commercial Property
coverage? - CORRECT ANSWERS✔️✔C ️ ommercial property coverage can be
written as both a monoline policy and as part of a package policy.
What type of insurance is usually provided or subsidized by the state or federal
government because it is not ordinarily available from private insurers? -
CORRECT ANSWERS✔️✔️Residual market insurance.
The optional coverage for "Employee Dishonesty" under a standard
Businessowners policy provides a "discovery period" for the insured to discover
the dishonest act and have coverage still apply. Which of the following
SUCCESS
Texas all lines adjuster exam STUDY
GUIDE WITH DETAILED QUESTIONS
AND 100% UPDATED
ANSWERS.ALREADY GRADED A.
All of the following are criteria for an accident to have occurred "in the course of"
the employment under a workers' compensation policy, EXCEPT: - CORRECT
ANSWERS✔️✔️While performing a task that a fellow worker requested, that was
unusual to the employee's job description, but occurred on the employer's
premises during working hours.
Which of the following statements is NOT TRUE regarding the implied warranties
of an Ocean Marine policy? - CORRECT ANSWERS✔️✔️The implied warranties
are attached to the policy as an endorsement..
Parmelia is covered under two separate standardized Personal Automobile
policies, with Part C limits under both policies set at $200,000. Parmelia is
involved in an accident with an uninsured motorist and she sustains bodily injury
damages for $262,320. How much will Parmelia receive when she submits a claim
for these damages - CORRECT ANSWERS✔️✔️$200,000
Which of the following endorsements must be attached to a standard
Businessowners policy for coverage to apply to a businesses freezer that was
damaged by the interruption of a power source - CORRECT ANSWERS✔️✔️Utility
Services - Direct Damage endorsement.
After completing an inspection of an insured's pressure equipment and fire
suppression systems, the inspector determines that the pressure equipment
needs to be repaired and the suppression systems have not been cleaned and
inspected in the time frame required by the policy. The insurer will: - CORRECT
SUCCESS
,STUDYSAGE
ANSWERS✔️✔️Suspend coverage immediately by red tagging the items until they
are repaired, cleaned and pass reinspection
To be eligible for coverage under a standardized Dwelling policy, the insured must
not allow more than _______ boarders to live on the premises. - CORRECT
ANSWERS✔️✔️5
All of the following are "Perils of the Sea" under an Ocean Marine policy, EXCEPT:
- CORRECT ANSWERS✔️✔️Pirates
The amount of insurance countersigned, issued, or sold by an agent or producer
to cover immediate family members, an employer, or employees is known as: -
CORRECT ANSWERS✔️✔️Controlled business
Which of the following standardized Dwelling insurance forms provides coverage
for loss of rental income - CORRECT ANSWERS✔️✔️The DP-1, DP-2, and DP-3
forms
The "Part B - Medical Payments" coverage of a personal automobile policy covers
injuries for all of the following, EXCEPT: - CORRECT ANSWERS✔️✔️A passenger
who is injured in another vehicle that is struck by the insured's vehicle in an
accident
Which of the following are the Texas Workers' Compensation benefits that are
increased by a cost-of-living adjustment (COLAs) - CORRECT
ANSWERS✔️✔️Lifetime Income Benefits (LIBs) only
SUCCESS
,STUDYSAGE
Hannah must take time away from work to help assist in the investigation of a
claim that was made against her BOP policy. The policy will pay for Hannah's
actual loss of earnings up to: - CORRECT ANSWERS✔️✔️$250 per day.
Surplus Lines companies in Texas have _____ to acknowledge the receipt of a
claim. - CORRECT ANSWERS✔️✔️30 days.
All of the following are characteristics of a principal that a surety will scrutinize
during the underwriting process, EXCEPT: - CORRECT
ANSWERS✔️✔️Consideration.
Under Section II of a Homeowners policy, a cemetery plot owned by the insured is
considered to be: - CORRECT ANSWERS✔️✔️An insured location.
Which of the following is NOT one of the four major coverages of an Ocean
Marine policy? - CORRECT ANSWERS✔️✔️Seaworthiness.
A ship has suffered damage and sunk. Which of the following would respond to
cover the loss of the ship? - CORRECT ANSWERS✔️✔️Hull Insurance.
As a fiduciary agent, an adjuster has the power to bind the insurer. Which of the
following statements is FALSE regarding this power? - CORRECT
ANSWERS✔️✔️Only an adjuster's written statements can legally bind an insurer.
The standardized Dwelling forms consider all eruptions of a volcano within a
__________ period to be a single "occurrence". - CORRECT ANSWERS✔️✔️72-
hour
SUCCESS
, STUDYSAGE
Whose responsibility is it to complete a "proof of loss"? - CORRECT
ANSWERS✔️✔️The claimant.
Which of the following would NOT be determined by a court when an insurer has
filed a declaratory judgment action? - CORRECT ANSWERS✔️✔️The type and
amount of damages that will be paid to a plaintiff for the claim that is being
disputed.
Which of the following statements is TRUE regarding the Homeowners "additional
coverage" known as Landlord's Furnishings? - CORRECT ANSWERS✔️✔️The
coverage is not additional insurance and does not increase the limits of the policy.
Which of the following would be covered under the Jones Act? - CORRECT
ANSWERS✔️✔️Crew members of a ship.
All of the following statements are true regarding a Personal Liability Supplement,
EXCEPT: - CORRECT ANSWERS✔️✔️The policy will cover watercraft liability.
Which of the following statements is TRUE regarding Commercial Property
coverage? - CORRECT ANSWERS✔️✔C ️ ommercial property coverage can be
written as both a monoline policy and as part of a package policy.
What type of insurance is usually provided or subsidized by the state or federal
government because it is not ordinarily available from private insurers? -
CORRECT ANSWERS✔️✔️Residual market insurance.
The optional coverage for "Employee Dishonesty" under a standard
Businessowners policy provides a "discovery period" for the insured to discover
the dishonest act and have coverage still apply. Which of the following
SUCCESS
