FLORIDA 6-20 ALL LINES ADJUSTER EXAM NEWEST 2024 ACTUAL EXAM COMPLETE 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A ||UPDATED MAY 2024!!

1 | P a g e FLORIDA 6-20 ALL LINES ADJUSTER EXAM NEWEST 2024 ACTUAL EXAM COMPLETE 450 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A ||UPDATED MAY 2024!! Under a Fidelity Bond, which of the following parties receives protection? A. A subcontractor B. An employee C. An employer D. A creditor - ANSWER- C. An employer Which of the following losses would be covered under a Robbery and Safe Burglary coverage? A. Valuables kept in a locked safe are destroyed by fire. B. Cash disappears from a locked safe, with no explanation. C. Jewelry is stolen from a locked safe that shows no signs of forced entry. D. Rare manuscripts are stolen from a locked safe that shows signs of forced entry. - ANSWER- D. Rare manuscripts are stolen from a locked safe that shows signs of forced entry. 2 | P a g e Which of the following losses would be covered under a crime policy's "Inside the Premises Robbery or Safe Burglary of Other Property" coverage? A. Broken windows on the insured premises caused by a burglar. B. Theft of money and securities. C. Fire damage to the insured building caused by a burglar. D. Vandalism to a trailer on the insured premises caused by a burglar. - ANSWER- A. Broken windows on the insured premises caused by a burglar. In crime insurance, which of the following individuals is NOT considered to be a "custodian"? A. Sales clerk B. Janitor C. Partner D. Named insured - ANSWER- B. Janitor To be defined as a burglary, an event must include which of the following conditions? A. Robbery B. Fear or threat of violence C. Visible signs of forced entry or exit 3 | P a g e D. Mysterious disappearance - ANSWER- C. Visible signs of forced entry or exit The Dye's host a party. When the guests arrive, they place their coats in the bedroom. Two days later, Mr. Dye discovers that his ring is missing from the bedroom dresser. This loss is referred to as a: A. Mysterious disappearance B. Burglary C. Robbery D. Theft - ANSWER- A. Mysterious disappearance In crime insurance, a "custodian" is described by which one of the following? A. Any authorized person outside the premises B. An authorized person having care of insured property inside the premises C. An authorized person outside the premises in charge of money D. An authorized person going to the post office - ANSWER- B. An authorized person having care of insured property inside the premises Which of the following terms provides the broadest definition of criminal activity? A. Burglary 4 | P a g e B. Robbery C. Theft D. Extortion - ANSWER- C. Theft The Forgery or Alteration insuring agreement protects the insured from losses resulting from forgery or alteration of: I. Outgoing checks II. Drafts III. Promissory notes IV. Financial instruments drawn against the insured A. I, II, III and IV B. I and II only C. I and III only D. I, II, and III only - ANSWER- A. I, II, III and IV Surety bonds guarantee the fulfillment of specific obligations. Each of the following may be the subject of a Surety bond, except: A. Payment of debt B. Protection of funds handled by employees C. Meeting contractual commitments D. Completing a construction job - ANSWER- B. Protection of funds handled by employees