100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
logo-home
Adjuster Pro Practice Exam WITH 100- CORRECT ANSWERS 2024 $15.49   In winkelwagen

Tentamen (uitwerkingen)

Adjuster Pro Practice Exam WITH 100- CORRECT ANSWERS 2024

 4 keer bekeken  0 keer verkocht

Stu has a collection of rare comic books. He wants to purchase theft insurance for his collection, separate from his home and other property. What term most accurately describes the type of policy Stu would purchase? Monoline Policy Which of the following statements does NOT apply to the ...

[Meer zien]

Voorbeeld 4 van de 43  pagina's

  • 30 augustus 2024
  • 43
  • 2024/2025
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden
Alle documenten voor dit vak (270)
avatar-seller
BRAINBOOSTERS
Adjuster Pro Practice Exam
WITH 100% CORRECT
ANSWERS 2024

Stu has a collection of rare comic books. He wants
to purchase theft insurance for his
collection, separate from his home and other
property. What term most accurately
describes the type of policy Stu would purchase? -
answer Monoline Policy


Which of the following statements does NOT apply
to the Standard Fire Policy? - answer It
automatically covers wind and vandalism.


Which of the following refers to being restored to
the financial condition you were in
before a loss? - answer Indemnification


The fee paid by the insured in exchange for an
insurance policy is called a: - answer premium


Haley takes a bottle of water into a store, pours
some of it on the floor when no one is

,looking, and then pretends to slip and fall. She
cries out for help in apparent pain
until someone comes to her aid. She then sues the
store for her fake injury in an
effort to collect an insurance settlement. What has
Haley committed? - answer Hard fraud


Which settlement option is most often used when a
claimant misses work because of
bodily injury, but a settlement has not yet been
reached? - answer Advance payment settlement


Cindy and her insurer cannot reach an agreement
for her property claim, and have
gone back and forth for weeks without coming
within $10,000 of each other. At this
point, since both believe they are offering a fair
settlement, a third party is needed to
help facilitate the negotiation. Both parties still
want to retain their ability to "walkaway" if they
cannot reach an agreement. What is the next best
step for Cindy and her insurer? - answer Mediation


When Jeanette shows up to handle a claim on
behalf of ABC Insurance, she evaluates
the claim and negotiates a settlement. Maintaining
her integrity and acting ethically,

,Jeanette is fulfilling her: - answer fiduciary duty.


Many adjusters prefer arbitration to litigation,
because professional arbitrators tend to
be more ___________ than civil juries. - answer
knowledgeable


Which of the following is NOT true of the no-
release settlement? - answer It's also called an
"advance payment settlement."


Why should litigation be considered a last resort
option? - answer It can be costly and unpredictable


Which of the following steps would occur LAST in
the processing of a claim? - answer Negotiate a
settlement with the claimant


As an adjuster for KLM Insurance, Chrystal has the
important role of fiduciary agent.
While acting in this capacity, Chrystal's primary
responsibility is to: - answer protect the financial
and property interests of KLM Insurance


Bobby is adjusting a complicated auto claim. Which
of the following is TRUE? - answer Because the

, policyholder (Jane) is 84 years old and seems to
have trouble remembering what
happened before the accident, Bobby should feel
free to contact her 45-year-old caretaker for
clarification.


Jim is an insurance adjuster working a theft claim.
As part of his investigation, Jim
might want to do all of the following, EXCEPT: -
answer look for ways to lower the settlement for
the claimant.


Adjuster Alice is trying to determine the final
settlement amount for Ted's claim. Ted's
house was damaged in a covered loss, and Alice
has estimated that it will cost
$25,000 to make the necessary repairs. Ted's
homeowners policy has a $100,000 limit
and a $2,000 deductible. Typically, how much
would Adjuster Alice calculate Ted's
final settlement amount to be? - answer $23,000


As an insurance adjuster, Heather is responsible
for updating and maintaining an
accurate record of all the information pertinent to
an individual's insurance claim,

Voordelen van het kopen van samenvattingen bij Stuvia op een rij:

Verzekerd van kwaliteit door reviews

Verzekerd van kwaliteit door reviews

Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!

Snel en makkelijk kopen

Snel en makkelijk kopen

Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.

Focus op de essentie

Focus op de essentie

Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper BRAINBOOSTERS. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor $15.49. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 73918 samenvattingen verkocht

Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen

Start met verkopen
$15.49
  • (0)
  Kopen