Florida All-Lines Adjuster Exam Questions with Correct Answers Florida 6-20 Claims Adjuster Exam Questions with 100% Correct Answers Florida 6-20 Claims Adjuster Exam Questions with 100% Correct Answers Florida 6-20 Adjusters License Exam Questions with 100% Correct Answers Florida 6.20 All Lines A...
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A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public Correct Answer B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interi...
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Add to cartA public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public Correct Answer B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interi...
The deductible Correct Answer The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? Replacement cost Correct Answer Which loss settlement provides new for old? the claims adjuster's role in the insurance industry includes Correct ...
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Add to cartThe deductible Correct Answer The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? Replacement cost Correct Answer Which loss settlement provides new for old? the claims adjuster's role in the insurance industry includes Correct ...
What is an Insurance Policy Correct Answer An Insurance Policy is a Contract (agreement between 2 parties) Insurance Policy in the state of Florida must be? Correct Answer Written in order to constitute a policy Legal Definition of Insurance Correct Answer Contract that undertakes to indemnity...
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Add to cartWhat is an Insurance Policy Correct Answer An Insurance Policy is a Contract (agreement between 2 parties) Insurance Policy in the state of Florida must be? Correct Answer Written in order to constitute a policy Legal Definition of Insurance Correct Answer Contract that undertakes to indemnity...
What is Insurance? Correct Answer Financial tool that protects individuals and organizations from unforeseen and extraordinary financial losses by transferring risk to another party. What is the Principle of Indemnity? Correct Answer Restoration of approximate previous financial condition; no mor...
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Add to cartWhat is Insurance? Correct Answer Financial tool that protects individuals and organizations from unforeseen and extraordinary financial losses by transferring risk to another party. What is the Principle of Indemnity? Correct Answer Restoration of approximate previous financial condition; no mor...
The following are basic characteristics of a property or liability insurance contract, EXCEPT: A. Personal Contract B. Conditional Contract C. Loss Settlement Contract D. Contract of Adhesion Correct Answer C. Loss Settlement Contract The Insurers responsibility to pay for a property loss m...
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Add to cartThe following are basic characteristics of a property or liability insurance contract, EXCEPT: A. Personal Contract B. Conditional Contract C. Loss Settlement Contract D. Contract of Adhesion Correct Answer C. Loss Settlement Contract The Insurers responsibility to pay for a property loss m...
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 Answer D. ...
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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 Answer D. ...
Contributory Negligence Correct Answer defense against negligence that if an individual contributes to his or her own loss in any way, then another cannot be held liable. Neither party can collect damages Comparative Negligence Correct Answer allows an injured party to collect from another party ...
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Add to cartContributory Negligence Correct Answer defense against negligence that if an individual contributes to his or her own loss in any way, then another cannot be held liable. Neither party can collect damages Comparative Negligence Correct Answer allows an injured party to collect from another party ...
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