Legal chance - Study guides, Revision notes & Summaries
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ADJUSTER PRO - INSURANCE ADJUSTER TEST(QUESTIONS AND REVIEWED ANSWERS) 2023-2024
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ADJUSTER PRO - INSURANCE 
ADJUSTER TEST(QUESTIONS AND 
REVIEWED ANSWERS) 2023-2024 
What is insurance? - CORRECT ANSWER-protection against financial loss 
what is a premium - CORRECT ANSWER-a scheduled amount to be paid for an 
insurance policy. 
What are premiums used for - CORRECT ANSWER-premiums are collected into a 
"pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - 
CORRECT ANSWER-the insurer collect...
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N.C. Claims Adjuster Exam Latest 2023 Rated A+
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N.C. Claims Adjuster Exam Latest 2023 Rated A+ Inception/Expiration Date an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. 
Occurrence Date Date of which the loss occurred 
Identification of parties involved The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s)....
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ARM 400 Exam Questions with correct Answers
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Provides a measure of the maximum potential damage associated with an occurrence - Answer- exposure 
 
________________ is an essential goal for all public entities - Answer- continuity of operations 
 
An organization must meet the standard of care that it owes to others in order to ensure that... - Answer- legal obligations are satisfied 
 
What are the five steps of the risk management process? - Answer- - scan environment 
- identify risk 
- analyze risk 
- treat risk 
- monitor and review 
...
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ENN1504 ASSIGNMENT 1 SEMESTER 1 2023
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ENN1504 ASSIGNMENT 1 SEMESTER 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on 079 811 9845 . 
QUESTION1: WRITING SKILLS IN WORKPLACE CORRESPONDENCE 
Please read the following guidelines before attempting to answer this 
assignment: 
The purpose of this question is to assess your ability to write a memorandum. This 
requires you to do the necessary preparatory reading so that you can answer the 
question convincingly and adequately. You should ...
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CPCU 500 Exam Questions- Managing Evolving Risks with correct Answers
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Drones may be equipped with cameras that relay data in real-time 
 
Which one of the following uses infrared light to detect nearby objects? - Answer- Lidar 
 
AMRM Insurance Company sells insurance in Virginia, North Carolina, South Carolina, and Georgia. The company has compiled a policyowner data base that can be used to send text messages when hurricanes approach. The company provides early warnings, storm updates from the National Weather Service, and hurricane safety measures. The company ...
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ALABAMA LIFE & HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS
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ALABAMA LIFE & HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS 
 
 
Which of the following would be considered a speculative risk? - correct answer The possibility the painting you bought might be a long-lost masterpiece 
 
A speculative risk is one in which there is a chance for either loss or gain. Example: Gambling, Casino's, Lottery, etc. All of the other choices describe pure risk, where there is no chance of gain, only a chance of loss exists. 
 
Which is the proper term for a compan...
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WebCE Property & Casualty Prep Exam Questions and Answers 2023
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WebCE Property & Casualty Prep Exam Questions and Answers 2023 
Risk 
Chance of loss 
 
 
 
5 Risk or Loss Factors 
1. Risk 2. Loss 3. Exposure 4. Peril 5. Hazard 
 
 
 
Insurance allows: 
Individual or group to transfer over to insurance company the risk of financial loss from a destructive event 
 
 
 
Fundamental purpose of insurance is: 
To indemnify policyholder against covered losses or restore policyholder back to same financial position they were in before 
 
 
 
Insurance companies may ...
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Health Insurance (Exam FX) Questions And Answers 100% Correct
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Health Insurance (Exam FX) 
 
Agent/Producer - A legal representative of an insurance company 
 
Broker - An insurance producer not appointed by an insurer and whom represents the client 
 
Insured - A person covered by an insurance policy 
 
Insurance policy - A legal contract between a policyowner (and/or insured) and an insurance company which agrees to pay the insured/beneficiary for losses caused by specific events 
 
Principal - Insurer, company who issues insurance policies 
 
Policyowner...
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Davis Advantage for Fundamentals Of Nursing (V2), 4th Edition, Judith M. Wilkinson, Leslie S. Treas, Karen L. Barnett, Mable H. Smith-Latest Complete and Elaborated Test Bank - Updated 2023
- Exam (elaborations) • 491 pages • 2023
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Davis Advantage for Fundamentals Of Nursing (V2), 4th Edition, Judith M. Wilkinson, Leslie S. Treas, Karen L. Barnett, Mable H. Smith-Latest Complete and Elaborated Test Bank - Updated 2023COMPLETE - Elaborated Test Bank for Davis Advantage for Fundamentals Of Nursing (V2), 4th Edition, Judith M. Wilkinson, Leslie S. Treas, Karen L. Barnett, Mable H. Smith-Latest Complete and Elaborated -Updated 2023COMPLETE 
Elaborated Test Bank 
Davis Advantage for 
Fundamentals of Nursing 
(2 Volume Set), 
4E...
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Texas Property & Casualty Insurance License Exam With Accurate Answers 2023
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Texas Property & Casualty Insurance License Exam with Accurate Answers 2023 
 
In order to be considered legally binding, an insurance contract must include all of the following - Offer and acceptance. 
Competent parties. 
Consideration 
(The four essential elements of all legal contracts are offer and acceptance, consideration, legal purpose, and competent parties.) 
 
With respect to a bonded contractor who defaults on a construction performance contract, which of the following statements is...
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