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CT ALL LINES ADJUSTER EXAM Questions with Complete solutions

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CT ALL LINES ADJUSTER EXAM Questions with Complete solutions

Tortfeasor {{Correct Ans- wrongdoer

 

Risk {{Correct Ans- chance of loss

 

What is a hazard {{Correct Ans- a hazard is a condition that increases the likely occurrence of a peril or the likely severity of a loss

 

What is a peril {{Correct Ans- peril is the destructive event that insurance guards against

 

What is the assumption of risk {{Correct Ans- I will pay for it if it goes wrong

 

Tort liability {{Correct Ans- the tortfeasor who is found to be liable or responsible for a person's injuries will likely be required to pay damages

 

Open peril {{Correct Ans- coverages of all losses EXCEPT exclusions

 

Named peril {{Correct Ans- coverage of a NAMED perils and nothing else

 

A non-owned dog is in the neighborhood and bites a neighbor, based on the homeowners insurance policy would they be covered? {{Correct Ans- yes, because is it in their custody, treated like child below the age of 13

 

What is a suit? {{Correct Ans- a lawsuit, filing a complaint

 

What does farmers insurance include? {{Correct Ans- FIRE LIABILITY

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[Solved] CT ALL LINES ADJUSTER EXAM Questions with Complete solutions

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CT ALL LINES ADJUSTER EXAM Questions with Complete solutions Tortfeasor {{Correct Ans- wrongdoer Risk {{Correct Ans- chance of loss What is a hazard {{Correct Ans- a hazard is a condition that increases the likely occurrence of a peril or the likely severity of a loss ...
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CT ALL LINES ADJUSTER EXAM Questions with Complete solutions

CT ALL LINES ADJUSTER EXAM Questions with Complete solutions Tortfeasor {{Correct Ans- wrongdoer Risk {{Correct Ans- chance of loss What is a hazard {{Correct Ans- a hazard is a condition that increases the likely occu...

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