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ADJUSTER EXAM PACK WITH COMPLETE SOLUTIONS

Adjuster Pro Oklahoma Practice Exam Questions And Answers 2 Exam (elaborations) Adjuster Pro: Indiana Adjuster s License - Practice Exam Questions And Answers 3 Exam (elaborations) Adjuster Pro 1A - B Questions And Answers 4 Exam (elaborations) Adjuster Pro - Insurance adjuster test Questions An...

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SC Property, Casualty, Surety and Marine Adjuster 19-11 Licensing Course Questions With Solutions 100% Correct

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SC Property, Casualty, Surety and Marine Adjuster 19-11 Licensing Course Questions With Solutions 100% Correct Exclusions Describe property, perils, hazards, or losses arising from specific causes that are not covered by the policy. Found in the exclusions section of the policy but can also b...

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SC Property, Casualty, Surety and Marine Adjuster 19-11 Licensing Course Questions With Solutions 100% Correct

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SC Property, Casualty, Surety and Marine Adjuster 19-11 Licensing Course Questions With Solutions 100% Correct Exclusions Describe property, perils, hazards, or losses arising from specific causes that are not covered by the policy. Found in the exclusions section of the policy but can also b...

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Adjuster Pro Oklahoma Practice Exam Questions And Answers

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Adjuster Pro Oklahoma Practice Exam Questions And Answers Public adjuster A fiduciary agent of behalf of the claimant Insured An individual or organization that pays premiums in exchange for financial protection Principle of indemnity Prevents an insured from making a profit Policy recission ...

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Adjuster Pro: Indiana Adjuster's License - Practice Exam Questions And Answers

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Adjuster Pro: Indiana Adjuster's License - Practice Exam Questions And Answers Who is NOT eligible for a homeowners policy? A. An owner of a home under construction B. A person who owns and lives in his house C. A tenant who rents a home or apartment D. An owner of a house in which he doe...

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Adjuster Pro 1A - B Questions And Answers

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Adjuster Pro 1A - B Questions And Answers Coverages The amount and extent of protection provided by an insurance policy. Dec Page Also called the declarations page. First page of a policy, which provides a summary of the contract; includes names of insured, addresses, coverage limits, policy per...

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Adjuster Pro - Insurance adjuster test Questions And Answers

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Adjuster Pro - Insurance adjuster test Questions And Answers 4 Parts of Legal Contract 1. Agreement 2. Consideration 3. Competent Parties 4. Legal Purpose legal contract - agreement mutual intent by offeror and offeree six special characteristics of insurance contracts 1. Personal 2. adhesi...

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Adjuster Pro Practice Exam Questions And Answers

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Adjuster Pro Practice Exam Questions And Answers Which settlement option is most often used when a claimant misses work because of bodily injury, but a settlement has not yet been reached? Advance payment settlement Cindy and her insurer cannot reach an agreement for her property claim, and hav...

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AdjusterPRO Final Exam Questions And Answers

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AdjusterPRO Final Exam Questions And Answers Which of the following statements is true about an insurance policy? It relies on the utmost good faith of both the insured and the insurer An insurance policy relies on the utmost good faith of both the insured and the insurer. Which of the follow...

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Adjuster Pro Texas Questions And Answers

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Adjuster Pro Texas Questions And Answers Which of the following refers to being restored to the financial condition you were in before a loss? Indemnification Dr. Nelson routinely schedules her patients for lab tests that they dont need so she can charge their insurers for more money. Dr. Nels...

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AdjusterPro - Practice Exam Questions And Answers

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AdjusterPro - Practice Exam Questions And Answers Melinda's home sustained $6,500 in damage when Jared ran into it with his truck. Melinda received $6,500 from her insurance company, and Jared also paid her $5,000. Melinda has now profited from this loss and is in violation of: A. the pri...

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AZ Adjusterpro Exam Questions And Answers

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AZ Adjusterpro Exam Questions And Answers Reciprocal Insurers a group of people or organizations that insure each other, unincorporated, non-profit, operated by attorney-in-fact, members pay into individual accounts, cost of claims shared by the whole group Surplus Lines people can get surpl...

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GA Adjuster Exam Review Questions And Answers

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GA Adjuster Exam Review Questions And Answers Insurance adjusters have the "power to bind". Which of the following statements best describes what this means? The principal is bound to the decisions of the adjuster. The perils most frequently covered by a Difference in Conditions policy a...

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Adjuster Exam (Arizona) Questions And Answers

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Adjuster Exam (Arizona) Questions And Answers Additional Coverages section 2 (HO) Property to others First Aid Claim Expenses Loss Assessment Limited Fungi, Wet or Dry Rot, or Bacteria Coverage This endorsement defines fungi as "any type or form of fungus, including mold or mildew, an...

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Alabama Adjusters License Questions And Answers

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Alabama Adjusters License Questions And Answers Actual Production History A history of a farmer's crop yields over a multi-year period, which is used to determine the normal production level of a farm. Adhesion Characteristic of an insurance contract. Means that one party (the insurer) set...

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Adjuster Pro 2 Questions And Answers

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Adjuster Pro 2 Questions And Answers Implied Authority the authority that the public reasonably believes the agent to have, based on the agent's representations: portraying oneself as a representative, wearing a name tag with a company logo, handing out company business cards Apparent Auth...

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Claims Adjuster Final (Multiple Choice Questions) Questions And Answers

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Claims Adjuster Final (Multiple Choice Questions) Questions And Answers Texting while driving is best described as a: Hazard A covered loss is $90,000. Policy A has a limit of $100,000. Policy B has a limit of $200,000. Both policies are pro-rata policies. How much will policy B pay for this lo...

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Adjuster Pro Questions And Answers

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Adjuster Pro Questions And Answers A neighbor stepped on a rusty rake while walking through Jake's backyard, unannounced. He ends up with a bad case of tetanus and has to stay in the hospital for three days. He files a claim against Jake, who protests any wrongdoing because he believes his n...

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Adjuster license practice test Questions And Answers

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Adjuster license practice test Questions And Answers Which of the following is NOT a qualification of an insurable risk An insurable risk must have guaranteed protection from damage Five years ago, when Rosamund was one year old, she had an expensive procedure done to remove what a doctor sa...

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Adjusterpro: Chapter 1 All Sections Questions And Answers

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Adjusterpro: Chapter 1 All Sections Questions And Answers indemnification Putting the policyholder back in the same financial condition he or she was in before a loss occurred reserve pool of collected premiums that the insurer sets aside to pay claims Six special characteristics of insurance ...

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New York Adjuster Exam Questions And Answers

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New York Adjuster Exam Questions And Answers What is the definition of a non-resident agent? Someone licensed in their state and obtains a license in another state to solicit insurance business in that state. is correct. The court awards a judgment against the insured for $300,000 plus $10,000...

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Indiana Adjuster Practice Exam Questions And Answers

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Indiana Adjuster Practice Exam Questions And Answers porch? $6,000 (The Standard Fire Policy pays on an ACV basis. Recall from earlier in the course, that the formula for calculating ACV is Replacement Cost minus Depreciation. So, in this case: $12,000 - $6,000 = $6,000.) In an insurance pol...

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Florida Claims Adjuster Exam Questions And Answers

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Florida Claims Adjuster Exam Questions And Answers Property insurance policies usually contain a(n) __________ clause, stating the insured cannot dump damaged property on the insurer and demand its full value: A. Pro Rata B. Abandonment C. Liberalization D. All of the above B. Abandonment ...

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MS Adjuster License Exam Questions And Answers

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MS Adjuster License Exam Questions And Answers In which of these situations could a Mississippi insurer cancel a policy after 60 days with sufficient notice? The policyholder's son has his license suspended during the policy period. Bonnie's PAP includes Comprehensive coverage. Which o...

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Florida Adjuster Licensing Practice Exam Questions And Answers

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Florida Adjuster Licensing Practice Exam Questions And Answers what is the primary difference between a company employee adjuster and an independent adjuster a company employee adjuster works for an insurance company and an independent adjuster works independently for themselves or for adjusti...

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