Oklahoma adjuster Study guides, Class notes & Summaries
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Oklahoma Adjuster License – 3 Questions And Answers Correct 100%
- Exam (elaborations) • 21 pages • 2023
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All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - ANSWERSA proof of loss is also known as a loss notice 
 
The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the loss has occurred. 
 
Which of the following acts is NOT considered to be "transacting insurance" within the state of Oklahoma? - ANSWERSTaking an agency's incoming payments, sometimes containing premiu...
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Oklahoma Adjuster Review Questions and Answers 100% Correct
- Exam (elaborations) • 4 pages • 2023
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Oklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% CorrectOklahoma Adjuster Review Questions and Answers 100% Correct 
 
the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWER-5 years 
 
maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWER-$5,000 
 
written proof...
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Oklahoma Adjuster Exam #2 questions with complete solutions 2024/2025
- Exam (elaborations) • 18 pages • 2024
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Oklahoma Adjuster Exam #2 questions with complete solutions 2024/2025 
An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - Correct Answer The Insured 
 
If a fire hazard causes damage to a building, the fire is? - Correct Answer A peril 
 
wearing a seatbelt in a car is an example of which method or managing risk? - Correct Answer Reduce 
 
Tiffany leaves her car unlocked when she goes shopping. She figures her c...
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Oklahoma adjuster review Correct Questions & Answers(Rated A+)
- Exam (elaborations) • 4 pages • 2023
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the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWERS5 years 
 
maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWERS$5,000 
 
written proof of loss must be sent to insurer within ______ days of loss - ANSWERS60 days 
 
insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWERS60 Days 
 
records must be retained for at l...
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Oklahoma adjuster review Correct Questions & Answers(Graded A+)
- Exam (elaborations) • 4 pages • 2023
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Available in package deal
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the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWERS5 years 
 
maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWERS$5,000 
 
written proof of loss must be sent to insurer within ______ days of loss - ANSWERS60 days 
 
insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWERS60 Days 
 
records must be retained for at l...
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Oklahoma Adjuster Exam 2 Questions and Answers 100% Correct(SCORED A+)
- Exam (elaborations) • 18 pages • 2023
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An individual applied for auto insurance and obtained coverage from EMU Insurance Company. Who is the first party in the contract? - ANSWER-The Insured 
 
If a fire hazard causes damage to a building, the fire is? - ANSWER-A peril 
 
wearing a seatbelt in a car is an example of which method or managing risk? - ANSWER-Reduce 
 
Tiffany leaves her car unlocked when she goes shopping. She figures her car and its contents are insured, so there is no reason to worry. Which type of hazard is this an e...
-
Oklahoma adjuster review Correct Questions & Answers(GRADED A+)
- Exam (elaborations) • 4 pages • 2023
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Available in package deal
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the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWERS5 years 
 
maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWERS$5,000 
 
written proof of loss must be sent to insurer within ______ days of loss - ANSWERS60 days 
 
insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWERS60 Days 
 
records must be retained for at l...
-
Oklahoma Adjuster's Exam Questions and Answers 100% Correct
- Exam (elaborations) • 2 pages • 2023
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Oklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% CorrectOklahoma Adjuster's Exam Questions and Answers 100% Correct 
Underwriter - ANSWER-A person who selects risk for the insurer is 
 
Appointed by the gov - ANSWER-all of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT 
 
Issued as oft...
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Oklahoma Adjuster License – 3 Questions and Answers 100% Correct(SCORED A)
- Exam (elaborations) • 21 pages • 2023
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Available in package deal
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- $10.99
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All of the following statements are TRUE regarding a proof of loss statement, EXCEPT: - ANSWER-A proof of loss is also known as a loss notice 
 
The "loss notice" is NOT the formal proof of loss. The loss notice is provided by the insured to the agent or insurer as soon as possible after the loss has occurred. 
 
Which of the following acts is NOT considered to be "transacting insurance" within the state of Oklahoma? - ANSWER-Taking an agency's incoming payments, sometimes containing premiu...
-
Oklahoma Adjuster's exam Correct Questions & Answers(Graded A+)
- Exam (elaborations) • 2 pages • 2023
-
Available in package deal
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- $9.99
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Underwriter - ANSWERSA person who selects risk for the insurer is 
 
Appointed by the gov - ANSWERSall of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT 
 
Issued as often as necessary - ANSWERSRegarding the Oklahoma Insurance Department promulgating Rules and Regulations, which of the following is true? 
 
Glen Mulready - ANSWERSwho is the Oklahoma Insurance commissioner 
 
Receive new business from an eligible surplus lines broker - ANSWERSXYX insurance company is ...
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