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FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE FINAL EXAM NEWEST ACTUAL EXAM COMPLETE ACCURATE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+$17.49
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FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE FINAL EXAM NEWEST ACTUAL EXAM COMPLETE ACCURATE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
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Course
FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE
Institution
FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE
FLORIDA 3-20 PUBLIC ADJUSTER STATE
LICENSE FINAL EXAM NEWEST ACTUAL
EXAM COMPLETE ACCURATE
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
FLORIDA 3-20 PUBLIC ADJUSTER STATE
LICENSE FINAL EXAM NEWEST ACTUAL
EXAM COMPLETE ACCURATE
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
Provides property coverage on a contractor's
interest in equipment intended for permanent
installation while it is being transported, unloaded,
and installed - ....ANSWER...Installation Floater
A beneficiary of a contract only as a result of the
First Party's negligence - ....ANSWER...Third Party
Reinsurance agreement where the insurers involved
will pay claims in direct relationship with the % of
the risk that they are insuring - ....ANSWER...Quota
Share
,Sharing the cost of replacement - ....ANSWER...Risk
Sharing
A legal action filed by one or more persons on behalf
of themselves and others having an identical interest
in the alleged wrongdoing - ....ANSWER...Class-
Action
A specific risk or cause of loss covered by an
insurance policy, such as fire, windstorm, flood,
theft, etc. - ....ANSWER...Peril
Dangers in a store, warehouse, or office;
circumstances of risks and perils determine who is
responsible for _____ - ....ANSWER...Premises
Liability
A loss or risk the policy doesn't cover -
....ANSWER...Exclusions
Technique used to transfer the risk of a person,
business, or organization in another through the use
of a two-party contract - ....ANSWER...Insurance
, A legal two-party document describing the
relationship between the insured and the insurance
company - ....ANSWER...Indemnity Contract
Legal document that makes some person
responsible for damages their actions or products
cause regardless of any fault on their part -
....ANSWER...Strict Liabilty
The intention to withhold relative information about
the risk from the insurance company -
....ANSWER...Concealment
A subset of the claims function whereby suspicious
losses are investigated separately from the normal
claims adjusters' activities - ....ANSWER...Special
Investigations Unit
An insurer takes no action upon realizing material
changes in a contract - ....ANSWER...Implied Waiver
Acts committed without negligence but result in
damages - ....ANSWER...Intentional Tort
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