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BETTER HAWAII ADJUST ER'S EXAM |
160 QUESTIONS WITH 100% CORRECT
ANSWERS | VERIFIED | LATEST
UPDATE
Question :Which of the following statements is NOT TRUE
regarding the "Extended Period of Indemnity" option of the Business Income form?
Correct answer:The coverage applies for 120 days following
the period of restoration
Question :All of the following are examples of unfair claim
practices, EXCEPT:
Correct answer:Making claim payments and stating the
coverage under which payment is made
Question :Which of the following would be covered under the
personal property (contents) coverage of an NFIP policy?
Correct answer:The insured's riding lawn mower kept inside
an attached garage..
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Question :St. Michael's Church is having their annual rigatoni
dinner. Mary is volunteering to serve the guests. Which of the following situations would be covered by the CGL for the church?
Correct answer:Mary spills hot coffee on a guest
Question :The MCS-90 endorsement provides coverage for all
of the following, EXCEPT:
Correct answer:Personal injury
Question :Which of the following is considered an Unfair
Claim Settlement Practice?
Correct answer:Requiring a claimant to submit a preliminary
claim report before moving forward on the claim
Question :Personal Excess Liability policies provide coverage
for all of the following, EXCEPT:
Correct answer:Damage to an insured's property due to fire.
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Question :All of the following are situations where a
Commercial Umbrella policy would be triggered to provide
coverage, EXCEPT:
Correct answer:The underlying liability policy limits are
sufficient to pay the entire claim
Question :Which of the following best describes how the peril
of "theft" is covered under the 1943 New York Standard Fire policy?
Correct answer:Theft is a covered peril under the removal
coverage
Question :Gottfried, an insurance agent, has posted
information online in an forum for insurance professionals.This information stated that Greta's insurance agency has been engaging in rebating and her appointing insurer is about to file for bankruptcy. Gottfried knows this information is untrue, but he is angry that some of his clients have recently left his agency to place business with Greta. Which of the following statements is true of Gottfried's actions?
Correct answer:Gottfried has defamed both Greta and her
appointing insurer, an unethical and illegal action
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Question :All of the following "personal effects" would be
covered by the Part D -- Additional Coverage of the Personal
Watercraft, EXCEPT:
Correct answer:Jewelry.
Question :Which of the following is true regarding
consultations because the situation is life threatening or could cause serious harm?I. The attending physician will notify the employer as soon as possibleII. The consultant will provide a copy of the consultation report to the attending physicianIII.The copy of the consultation report must be given to the employer within 14 calendar days of the examination
Correct answer:I, II and III
Question :Which of the following statements BEST describes
the reason it was necessary to create a federal flood insurance program in 1968?
Correct answer:Because other property policies routinely
exclude flood from coverage