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Updated 2024/2025 CLAIMS ADJUSTER BUNDLED EXAMS.
CLAIMS ADJUSTER BUNDLE
[Show more]CLAIMS ADJUSTER BUNDLE
[Show more]Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - CORRECT ANS ...
Preview 3 out of 28 pages
Add to cartFrank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - CORRECT ANS ...
Once students decode well, which statement describes the relationship between vocabulary and reading comprehension? - CORRECT ANS Vocabulary is the best single predictor of reading comprehension. 
In teaching the word invisible, the teacher broke it into the parts in - vis - ible and talked abo...
Preview 1 out of 3 pages
Add to cartOnce students decode well, which statement describes the relationship between vocabulary and reading comprehension? - CORRECT ANS Vocabulary is the best single predictor of reading comprehension. 
In teaching the word invisible, the teacher broke it into the parts in - vis - ible and talked abo...
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - CORRECT ANS ...
Preview 3 out of 28 pages
Add to cartFrank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - CORRECT ANS ...
Which statement best describes the relationship between reading comprehension and word decoding in a beginning reader's development? - CORRECT ANS Accurate, fast word recognition is necessary for development of reading fluency and text comprehension. 
Near the close of the day, a kindergarten ...
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Add to cartWhich statement best describes the relationship between reading comprehension and word decoding in a beginning reader's development? - CORRECT ANS Accurate, fast word recognition is necessary for development of reading fluency and text comprehension. 
Near the close of the day, a kindergarten ...
Peril - CORRECT ANSWER Something that causes a loss. 
Hazard - CORRECT ANSWER Something that increases the probability that a loss will occur. 
Warranty - CORRECT ANSWER A policy condition, either based on information in the insureds application or inserted by the insurer. It is a gua...
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Add to cartPeril - CORRECT ANSWER Something that causes a loss. 
Hazard - CORRECT ANSWER Something that increases the probability that a loss will occur. 
Warranty - CORRECT ANSWER A policy condition, either based on information in the insureds application or inserted by the insurer. It is a gua...
The insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies 
Someone who has care, custody or control of another's property - CORRECT ANS Bailee 
Claim filed by policy holder against his _ - CORRECT ANS First Party Claim 
When a person who en...
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Add to cartThe insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies 
Someone who has care, custody or control of another's property - CORRECT ANS Bailee 
Claim filed by policy holder against his _ - CORRECT ANS First Party Claim 
When a person who en...
A claim in the property/casualty industry Is defined as: - CORRECT ANS an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages 
when you purchase insurance, you are buying: - CORRECT A...
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Add to cartA claim in the property/casualty industry Is defined as: - CORRECT ANS an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages 
when you purchase insurance, you are buying: - CORRECT A...
Florida No-Fault Tort Exemption - CORRECT ANS Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 
4 Exceptions to Tort Exemption(Threshold of No-Fault) - CORRECT ANS 1. Significant and Permanent loss of bodily function. 
2.Permanent injury...
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Add to cartFlorida No-Fault Tort Exemption - CORRECT ANS Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 
4 Exceptions to Tort Exemption(Threshold of No-Fault) - CORRECT ANS 1. Significant and Permanent loss of bodily function. 
2.Permanent injury...
The insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies 
Someone who has care, custody or control of another's property - CORRECT ANS Bailee 
Claim filed by policy holder against his _ - CORRECT ANS First Party Claim 
When a person who en...
Preview 2 out of 9 pages
Add to cartThe insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies 
Someone who has care, custody or control of another's property - CORRECT ANS Bailee 
Claim filed by policy holder against his _ - CORRECT ANS First Party Claim 
When a person who en...
Which of the following is NOT one of the four critical elements of a contract? 
 
(A) A mutual understanding and agreement with the terms of the contract. 
 
(B) Written evidence of the agreement and its terms. 
 
(C)A legal purpose. 
 
(D)Consideration, consisting of money or a promise of performan...
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Add to cartWhich of the following is NOT one of the four critical elements of a contract? 
 
(A) A mutual understanding and agreement with the terms of the contract. 
 
(B) Written evidence of the agreement and its terms. 
 
(C)A legal purpose. 
 
(D)Consideration, consisting of money or a promise of performan...
Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - CORRECT ANS Military Personnel 
A non-resident owning an automobile in Florida 
A non-resident subject to Florida no-fault law 
A forcible entry into locked premises and the carrying away of ...
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Add to cartThose who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - CORRECT ANS Military Personnel 
A non-resident owning an automobile in Florida 
A non-resident subject to Florida no-fault law 
A forcible entry into locked premises and the carrying away of ...
What is insurance? - CORRECT ANS protection against financial loss 
what is a premium - CORRECT ANS a scheduled amount to be paid for an insurance policy. 
What are premiums used for - CORRECT ANS premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
h...
Preview 2 out of 10 pages
Add to cartWhat is insurance? - CORRECT ANS protection against financial loss 
what is a premium - CORRECT ANS a scheduled amount to be paid for an insurance policy. 
What are premiums used for - CORRECT ANS premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
h...
Accumulated Depreciation - CORRECT ANS The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
Actual Cash Value (ACV) - CORRECT ANS A valuation method used by insurers to reflect an item's current market value right before bein...
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Add to cartAccumulated Depreciation - CORRECT ANS The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
Actual Cash Value (ACV) - CORRECT ANS A valuation method used by insurers to reflect an item's current market value right before bein...
What is an eligible building for flood insurance? - CORRECT ANS A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community 
What is Builders Risk Coverage? - CORR...
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Add to cartWhat is an eligible building for flood insurance? - CORRECT ANS A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community 
What is Builders Risk Coverage? - CORR...
If the CV R/E our IV while our IV was stopped at a traffic light and there was an injury in the CV to the driver of the CV, then you would Auto reassign this claim to Causality? - CORRECT ANS No- it should then go to the CV's carrier as they caused the collision and this is not our IV's fault...
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Add to cartIf the CV R/E our IV while our IV was stopped at a traffic light and there was an injury in the CV to the driver of the CV, then you would Auto reassign this claim to Causality? - CORRECT ANS No- it should then go to the CV's carrier as they caused the collision and this is not our IV's fault...
Statutory Law - CORRECT ANS based on laws set forth by a governing authority; i.e. state legislature 
Stipulation - CORRECT ANS A stipulation is something specifically agreed to in a contract, such as an insurance contract. 
Stock - CORRECT ANS A Stock Insurance Company is owned by st...
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Add to cartStatutory Law - CORRECT ANS based on laws set forth by a governing authority; i.e. state legislature 
Stipulation - CORRECT ANS A stipulation is something specifically agreed to in a contract, such as an insurance contract. 
Stock - CORRECT ANS A Stock Insurance Company is owned by st...
All of the following describe insurable interest EXCEPT: 
• It must exist at the time of the loss 
• It must exist for insurance to respond 
• Shows a similarity between insurance and wagering 
• The insured would suffer an economic loss - CORRECT ANS • Shows a similarity between insu...
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Add to cartAll of the following describe insurable interest EXCEPT: 
• It must exist at the time of the loss 
• It must exist for insurance to respond 
• Shows a similarity between insurance and wagering 
• The insured would suffer an economic loss - CORRECT ANS • Shows a similarity between insu...
Which kind of losses are covered under a standard fire policy? - CORRECT ANS Direct 
All fires are not covered by the Standard Fire policies, only those that: - CORRECT ANS are hostile and have a flame or glow 
At what time does a fire policy go into affect? - CORRECT ANS 12:01am stan...
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Add to cartWhich kind of losses are covered under a standard fire policy? - CORRECT ANS Direct 
All fires are not covered by the Standard Fire policies, only those that: - CORRECT ANS are hostile and have a flame or glow 
At what time does a fire policy go into affect? - CORRECT ANS 12:01am stan...
An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of - CORRECT ANS The insured and insurer 
An insurer gives which of the following as Consideration for an insurance policy? - CORRECT ANS A Promise 
The interest of the insured and all other persons in the pr...
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Add to cartAn adjuster is a fiduciary agent with a responsibility of loyalty to the interest of - CORRECT ANS The insured and insurer 
An insurer gives which of the following as Consideration for an insurance policy? - CORRECT ANS A Promise 
The interest of the insured and all other persons in the pr...
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