FREE Claims Adjuster MCQ Questions and Answers

Question 1

How long is the deadline for filing a claim for medical payments under the homeowner's medical payments coverage?

Accepted Answer

1 year

Answer

6 months

Answer

3 years

Answer

4 and a half years

Question 2

The insured's car has been damaged by a falling tree. This is an illustration of _________ loss.

Accepted Answer

other than collision

Answer

validity

Answer

unfortunate

Answer

damage

Question 3

Who is not qualified for medical payment protection under the HO policy?

Accepted Answer

All of the above

Answer

Insured's children

Answer

Tenant

Answer

Insured

Question 4

Which of the following would fall under a personal auto policy's other than collision coverage?

Accepted Answer

Lightning

Answer

Freezing

Answer

Wear & tear

Answer

Punctured tire

Question 5

Which of the following is not a covered auto?

Accepted Answer

Pickup truck used in any business.

Answer

Vehicles that are owned and listed on the insurance policy.

Answer

Vehicles that the policyholder rents, leases, or borrows for short-term use.

Answer

Vehicles that the policyholder acquires during the policy term.

Question 6

A business liability insurance coverage has $200,000 per incident and a $600K aggregate maximum. They had a $300k claim and a $200k claim. If the insured company files a third claim, how much coverage is still available?

Accepted Answer

$100,000

Answer

$200,000

Answer

$310,000

Answer

$140,000

Question 7

How much will be paid under claims expense for loss of earnings to support the insurer in the investigation or defense of a claim under the new 2000 HO forms?

Accepted Answer

$250

Answer

$25

Answer

$50

Answer

$450

Question 8

Which one of the following is not eligible for errors and omissions insurance?

Accepted Answer

Dentist

Answer

Lawyers

Answer

Insurance agents

Answer

Real estate agents

Question 9

Which of the following is not protected by a BOP?

Accepted Answer

Credit Union

Answer

Apartment buildings

Answer

Small gift shop

Answer

Office buildings

Question 10

In terms of crime insurance, what do we define someone who makes a blank deposit at a bank?

Accepted Answer

Messenger

Answer

Custodian

Answer

Manager

Answer

Cashier