Insurance Adjusting Questions and Answers (100% Pass)
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Module
Insurance Adjuster
Institution
Insurance Adjuster
he difference between surety bonds and insurance contracts is
surety bonds do not constitute a transfer of risk.
Subrogation Clause
This clause is used when the insurer has paid a covered claim on
behalf of the insured that is caused by another party. The insurance
company is entitled to t...
✓ Economic losses resulting directly from a loss and include medical
expenses etc.
General Damages
✓ Pain and suffering and disfigurement, and life-altering issues such as
loss of mobility and loss of consortium not readily defined by actual
incurred expenses that are directly caused by a covered loss.
Defenses Against Negligence
✓ Contributory Negligence
Comparative Negligence
Assumption of Risk
Intervening Cause
Statute of Limitationsh
Master01 | October, 2024/2025 | Latest update
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