TEXAS ALL LINES ADJUSTER EXAM
2023/2024 NEW!! (QUESTIONS AND
CORRECT ANSWERS) VERIFIED
ANSWERS
1. What liability is limited to acts of negligence it may be referred to as _____________ &
_______________________.
✓ Answer: Errors & Omission's
2. Doctors, Surgeons, and Adjusters would most likely have what type of coverage?
✓ Answer: Professional Liability
3. Retailers, and restaurants would most likely have what type of coverage?
✓ Answer: Premises Liability
4. A manufacturer of products sold in the marketplace will have __________________?
✓ Answer: Product Liability
5. ______________________ is a person who is invited to the premises for commercial
benefit. Such as a customer in a store.
, ✓ Answer: Invitee
6. ______________ is a person who is invited to the premises for any purpose besides
business, such as a social guest.
✓ Answer: Licensee
7. _________________ any person on the premises of another w/o direct or implied
invitation.
✓ Answer: Trespasser
8. Someone is possession of property for a fee?
✓ Answer: Bailee
9. Inland marine provides coverages for property in transit over land, certain movable
property, property under construction and cargo with __________ ________________
______________.
✓ Answer: No specific location
10. What coverages are included in Inland Marine?
✓ Answer:
1. Bridges
, 2. Tunnels
3. Cell phone towers
4. Antennas, T/V and radio
11. Ocean Marine provides coverage for transportation of good by vessels crossing
____________ and _____________ waters including any inland or aviation transit
associated with the shipment.
✓ Answer: Foreign & Domestic
12. Ocean Marine coverage protects?
✓ Answer:
1. The vessel's hull -ship itself and all onboard equip.
2. Cargo - money or freight
3. Freight - good being shipped
4. Jettison - coverage when cargo goes overboard to save ship.
5. Barratry - illegal act by captain or crew
6. Inch Maree - navigational error
13. ____________ a security that obligates the issuer to pay interest at specific intervals and
to repay the principle amount of the loan at maturity.
✓ Answer: Bond
14. What is a surety bond?
✓ Answer: Guarantees or makes sure an obligation is met.
2023/2024 NEW!! (QUESTIONS AND
CORRECT ANSWERS) VERIFIED
ANSWERS
1. What liability is limited to acts of negligence it may be referred to as _____________ &
_______________________.
✓ Answer: Errors & Omission's
2. Doctors, Surgeons, and Adjusters would most likely have what type of coverage?
✓ Answer: Professional Liability
3. Retailers, and restaurants would most likely have what type of coverage?
✓ Answer: Premises Liability
4. A manufacturer of products sold in the marketplace will have __________________?
✓ Answer: Product Liability
5. ______________________ is a person who is invited to the premises for commercial
benefit. Such as a customer in a store.
, ✓ Answer: Invitee
6. ______________ is a person who is invited to the premises for any purpose besides
business, such as a social guest.
✓ Answer: Licensee
7. _________________ any person on the premises of another w/o direct or implied
invitation.
✓ Answer: Trespasser
8. Someone is possession of property for a fee?
✓ Answer: Bailee
9. Inland marine provides coverages for property in transit over land, certain movable
property, property under construction and cargo with __________ ________________
______________.
✓ Answer: No specific location
10. What coverages are included in Inland Marine?
✓ Answer:
1. Bridges
, 2. Tunnels
3. Cell phone towers
4. Antennas, T/V and radio
11. Ocean Marine provides coverage for transportation of good by vessels crossing
____________ and _____________ waters including any inland or aviation transit
associated with the shipment.
✓ Answer: Foreign & Domestic
12. Ocean Marine coverage protects?
✓ Answer:
1. The vessel's hull -ship itself and all onboard equip.
2. Cargo - money or freight
3. Freight - good being shipped
4. Jettison - coverage when cargo goes overboard to save ship.
5. Barratry - illegal act by captain or crew
6. Inch Maree - navigational error
13. ____________ a security that obligates the issuer to pay interest at specific intervals and
to repay the principle amount of the loan at maturity.
✓ Answer: Bond
14. What is a surety bond?
✓ Answer: Guarantees or makes sure an obligation is met.
