GEORGIA ADJUSTER EXAM 2 /GEORGIA ADJUSTER 2024 LATEST UPDATE REAL EXAM 100% QUALIFIED QUESTIONS AND CORRECTLY HIGHLIGHTED ANSWERS ALREADY RANKED A+….!!!

GEORGIA ADJUSTER EXAM 2 /GEORGIA ADJUSTER 2024 LATEST UPDATE REAL EXAM 100% QUALIFIED QUESTIONS AND CORRECTLY HIGHLIGHTED ANSWERS ALREADY RANKED A+….!!! This is a method by which employers manage the risk associated with the hiring of "previously injured" potential employees. - ANSWER- Second Injury Funds Program Bonds for administrators and trustees are are examples of this position of trust - ANSWER- Fiduciary bonds A premium discount is the term that describes when an insured owes a total standard premium greater than . - ANSWER- $5000 Which would NOT be covered by the inside the premises - robbery or safe burglary of other property coverage? Dishonest or criminal acts of any employee or representative are specifically excluded. - ANSWER- An employee is caught stealing cash from the register. The causes of loss found in the Standard Form Businessowners policy are identical to the causes of loss found in - ANSWER- Commercial Building and Business Personal Property Coverage Form, Basic causes of loss. Which would be considered a single accident in equipment breakdown coverage? If an accident causes other accidents, all related accidents will be treated as one accident. All accidents occurring at a single location at the same time, and having the same cause, will be considered to be one accident. - ANSWER- All accidents at single location at same time by same cause All of the following would be covered under the medical expense coverage of a businessowners policy EXCEPT This coverage includes accidental bodily injury only; it does not cover any counseling. - ANSWER- Mental health counseling. All of the following coverages are included in the BOP standard form without requesting coverage extensions, EXCEPT Newly Acquired or Constructed Property is a coverage extension available under the BOP. The BOP extension applies to personal property at those premises with a limit of $100,000 at each location, and newly acquired or constructed buildings up to $250,000. - ANSWER- Newly Acquired or Constructed Property Jean owns a craft store. The protective safeguards endorsement of her BOP requires the store to have a functional automatic sprinkler system. A winter storm freezes the pipes to the sprinkler system, causing the system to shut down. How many hours does Jean have to restore the system before she must notify her insurer? If the automatic sprinkler system is shut down due to breakage, leakage, freezing, or opening of the sprinkler heads, the insured has 48 hours to restore the system before he or she must notify the insurer. - ANSWER- 48 hours