Adjuster — Information & Free Practice
US-AK · Examination information
144 free questions · Answer explanations · No signup required
Adjuster
- Provider
- Pearson VUE
- Exam questions
- 80 scored questions
- Time limit
- 1 hour, 30 minutes
- Passing score
- 70 scaled score; trainee milestones: 60 at four months and 70 at eight months
Examination outline
I. General Insurance Terms and Concepts
- A. Definition and application of common insurance terms
- A. Definition and application of common insurance terms — 1. Loss payee
- A. Definition and application of common insurance terms — 2. Named insured
- A. Definition and application of common insurance terms — 3. Claim
- A. Definition and application of common insurance terms — 4. Claimant
- A. Definition and application of common insurance terms — 5. Tortfeasor
- A. Definition and application of common insurance terms — 6. Tort
- A. Definition and application of common insurance terms — 7. Estoppel
- A. Definition and application of common insurance terms — 8. Waiver
- A. Definition and application of common insurance terms — 9. Reservation of rights
- A. Definition and application of common insurance terms — 10. Guarantor
- A. Definition and application of common insurance terms — 11. Proximate cause
- A. Definition and application of common insurance terms — 12. Insurable interest
- A. Definition and application of common insurance terms — 13. Coinsurance
- A. Definition and application of common insurance terms — 14. Binder
- A. Definition and application of common insurance terms — 15. Negligence
- A. Definition and application of common insurance terms — 16. Salvage
- A. Definition and application of common insurance terms — 17. Occurrence
- A. Definition and application of common insurance terms — 18. Appraisal
- B. Fiduciary relationship between the insured, the adjuster and the insurer
- C. Valuation of settlements
- C. Valuation of settlements — 1. Definition and application of terms
- C. Valuation of settlements — 1. Definition and application of terms — a. Indemnification
- C. Valuation of settlements — 1. Definition and application of terms — b. Subrogation
- C. Valuation of settlements — 1. Definition and application of terms — c. Actual Cash Value
- C. Valuation of settlements — 1. Definition and application of terms — d. Replacement Cost Value
- C. Valuation of settlements — 1. Definition and application of terms — e. Pair and Set Clause
- C. Valuation of settlements — 1. Definition and application of terms — f. Broad Form vs. Named Peril
- C. Valuation of settlements — 1. Definition and application of terms — g. The function of loss reserves
- D. Liability Claims
- D. Liability Claims — 1. Comparative negligence
- D. Liability Claims — 2. Special damages
- D. Liability Claims — 3. General damages
- D. Liability Claims — 4. Punitive damages
- E. The necessary elements of a properly executed reservation of rights or non-waiver agreement
II. Alaska Laws, Rules, and Regulations Pertaining to Adjusters
- A. Maintenance of license
- A. Maintenance of license — 1. Renewal
- A. Maintenance of license — 2. Denial, Nonrenewal, Suspension, or Revocation
- A. Maintenance of license — 3. Continuing Education
- B. Alaska Unfair Claims Settlement Acts or Practices Regulations
- B. Alaska Unfair Claims Settlement Acts or Practices Regulations — 1. Purpose, Scope, and Standards
- B. Alaska Unfair Claims Settlement Acts or Practices Regulations — 2. Application to claims handling and definition of terms
- C. Required Statutory and Regulatory Method of Payment of Claims
- D. Statutory Retention of Claim Records
- E. Statutorily required minimum liability limits for automobile insurance
III. Types of Insurance Policies and Coverages
- A. Personal or Family auto policy
- A. Personal or Family auto policy — 1. Elements
- A. Personal or Family auto policy — 2. Coverage applications
- A. Personal or Family auto policy — 3. Duty to defend
- B. Standard Exclusions of the Commercial Auto Liability Policy
- C. Coverages of the Homeowner’s Policy
- D. Coverages, terms, standard exclusions and concepts contained in the Commercial General Liability Policy (CGL) forms
- E. Coverage applicability
- E. Coverage applicability — 1. Examples of professional liability risk
- E. Coverage applicability — 2. Common reasons for policy rescission
- E. Coverage applicability — 3. Legal terms describing the role of geographical location in determining applicable jurisdiction of tort law
- E. Coverage applicability — 4. Elements of negligence
- F. Workers’ Compensation
- F. Workers’ Compensation — 1. Standard policy concepts
- F. Workers’ Compensation — 2. Coverages
- F. Workers’ Compensation — 3. Claims procedures
- F. Workers’ Compensation — 4. Longshore and Harbor Workers’ (USL&H) as it relates to Workers’ Compensation
- F. Workers’ Compensation — 5. Jones Act
- G. Common exclusions of an Inland Marine Policy and Equipment Breakdown Policy
Examination sources
- Alaska Insurance Examination Content Outlines
S15, Alaska Specific Adjuster outline heading
- Alaska Insurance Examination Content Outlines
S15, section I
- Alaska Insurance Examination Content Outlines
S15, section II
- Alaska Insurance Examination Content Outlines
S16, section III
- Alaska Insurance Examination Content Outlines
S15–S16, outline effective date
- Alaska Insurance Licensing Candidate Handbook
page 12, Content Outlines
- Alaska Insurance Licensing Candidate Handbook
page 10, Score Explanation, scaled score
- Alaska Insurance Examination Content Outlines
S15, Adjuster, scored-question statement
- Alaska Statutes, Chapter 21.27
AS 21.27.080(a)
- Alaska Insurance Licensing Candidate Handbook
page 10, Score Explanation, passing score
- Alaska Insurance Licensing Candidate Handbook
page 3, Examinations offered, Adjuster row
- Alaska Insurance Licensing Candidate Handbook
quick reference, reservations
Related license preparation
This examination may be required or accepted as an alternative, depending on the license and application pathway.