Bundle for Florida Claims Adjuster tests compilation | everything you need

Severability - Insurance applies separately to each insured as if other insureds did not exist. Abandonment - Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* Insurable Interest - One w...

Insurable Interest must exist at the time of the loss. -Insurance Interest must exist for insurance to respond. *Show a similarity between insurance and wagering* -The insured would suffer an economic loss. - All of the following describe insurable interest EXCEPT -It is a personal contract. -P...

A claim in the property/casualty industry Is defined as: - 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: - peace of mind that if an in...

Florida No-Fault Tort Exemption - 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) - 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigu...

Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - 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 the property of o...

Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - 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 the property of o...