admin testing

To be a TDI licensed adjuster, you must comply with all of the following EXCEPT:

Adjuster Brent is an all-lines licensed adjuster with one year experience. He is assigned to adjust a claim on a manufacturing plant with over $1 million in losses. The claim has extensive Business income loss issues.

According to TDI guidelines, Brent _______ LEGALLY adjust this loss.

Adjuster Brian has an insured, Mike Smith who suffered damage to his home from an electrical fire. Mr. Smith has hired a Public Adjuster, Steve Sewell.

Brian knows that the P.A., Mr. Sewell can LEGALLY_________________

To maintain your license, whether or not you are using it, ______________________

Benefits provided by a(n) ____________________ to a policy shall not be advertised with greater prominence than the primary policy benefits.

Tom Cole, an Insurance Agent, has offered his best friend, Dave Osborne, half of the commission that he will receive for writing Mr. Osborne’s Commercial Policy. The Agent fails to specify the inducement in the insurance contract.

Such an offering or sharing of commissions in exchange for purchasing a policy is termed:_________________

Tim Cole, being the clever Agent that he is, has induced an insured to drop an existing policy and replace it with a policy that benefits him, the Agent.

This practice is termed ___________________________.

Tim Cole has sold insurance to himself (on all his own personal property) as well as the property of all of his immediate family members.

This type of business is termed _____________________.