What is the minimum surety bond amount required for an Illinois public adjuster license?
Il Pa Licensing
Question · Easy
Parts of a policy
Short
Under Illinois law, what alternative to a surety bond may a public adjuster use to meet the financial responsibility requirement?
Question · Medium
Coverage for damage to real or personal property from burning or a lightning strike.
Property products
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Chapter 1: Illinois Public Adjuster Licensing, Contracts, Fees, and Conduct
1.1 Article XLV Scope, the Public Adjuster Definition, License Exemptions, and the Director's Powers
Study guide
Which Illinois state agency is responsible for licensing public adjusters?
Read the clue and guess the term in 6 tries.
Game
What is the primary Illinois statute governing public adjusters?
Il Pa Regulations
Under the federal standard policy, a general and temporary inundation of two or more acres of normally dry land or of two or more properties.
What is the fee cap for Illinois public adjuster compensation on claims involving a personal residence?
What is the Illinois fee cap for public adjuster compensation on a non-residential property claim resulting from a catastrophic event?
Kind of subsidence coverage that Illinois home policies must include unless waived in writing, outside counties the Director exempts.
1.2 The Exam, Licensing Requirements, the $50,000 Bond or Letter of Credit, CE, and Discipline
What is the rescission period for an Illinois public adjuster contract?
Swap tiles to line up three of the same term.
Term Match
What is the application fee for an Illinois public adjuster license?
Inland ___ covers property in transit, property held by a bailee, and movable goods that often change location.
Under 215 ILCS 5/1590, what is the public adjuster's primary obligation to their client?
Il Pa Professional Practice
Under Illinois law, when may a public adjuster NOT solicit a potential client?
Bundle of property and liability coverage parts for business ventures other than those a businessowners form insures; older special multi-peril programs share its NAIC code.
1.3 The Public Adjuster Contract: Required Terms, Disclosures, Prohibited Clauses, and the Right to Void
Under Illinois law, may a public adjuster permit an unlicensed employee to conduct business requiring a license?
Flip two cards at a time to find matching terms.
Term Pairs
What must an Illinois public adjuster include regarding their bonded status in the contract?
Package of property and liability coverages built for small and medium apartment buildings, offices and retail stores.
Under Illinois law, may a public adjuster contract include a term that provides the adjuster power of attorney to act in place of the insured?
May an Illinois public adjuster contract include a term requiring the insured to use the adjuster's preferred contractor?
___ and machinery coverage, also called equipment breakdown, for failed pressure vessels, machinery and electrical equipment.
1.4 Fee Caps, Escrow and Claim Proceeds, Solicitation Limits, Standards of Conduct, and Records
May an Illinois public adjuster contract include a term providing indemnification to the adjuster by the insured for the adjuster's own negligence?
Question · Hard
Find five hidden terms in a grid of letters.
Term Search
What must be disclosed on the Illinois public adjuster contract regarding compensation?
Uncertainty about the possibility of harm from a danger that insurance covers.
P&C terms
What must appear in the lower left-hand corner of an Illinois public adjuster contract form?
Under Illinois law, may a public adjuster contract specify that the adjuster be named as a co-payee on the insurer's payment?
Cause of a loss, such as lightning or windstorm.
Chapter 2: Illinois Claims Practices and Property Insurance Regulation
2.1 Improper Claims Practices: 215 ILCS 5/154.5-154.8, Part 919 Timelines, and Section 155
Under 215 ILCS 5/1575, the Illinois public adjuster contract must include information about which three types of adjusters?
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Can an Illinois public adjuster who was appointed by the insurer charge the insured a fee?
Condition that raises the chance or seriousness of a loss.
What must an Illinois business entity do to act as a public adjuster?
Under Illinois law, may a public adjuster represent that they provide legal advice or representation?
Loss settlement basis that, in most cases, equals replacement cost minus depreciation.
2.2 Illinois Property Policy Regulation: Cancellation, Nonrenewal, Tolling, Misrepresentation, and Fire-Loss Payment Rules
What is the minimum age requirement to obtain an Illinois public adjuster license?
Under 215 ILCS 5/1535, when is an Illinois public adjuster applicant exempt from the examination?
Settlement basis that pays to rebuild with like materials and does not subtract depreciation.
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