Adjuster pro section 3 - Study guides, Revision notes & Summaries

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...

FLORIDA CLAIMS ADJUSTER LATEST EXAM /CLAIMS ADJUSTER (FLORIDA) 270+ REAL EXAM QUESTIONS AND CORRECT ANSWERS|GRADED A The following are basic characteristics of a property or liability insurance contract, except: A. Personal Contract B. Conditional Contract C. Loss of Settlement Contract D. Contract of Adhesion - ANSWER- Loss of Settlement Contract The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss...

Adjuster Pro - Insurance adjuster test Exam Questions With Verified Answers What is insurance? - answerprotection against financial loss what is a premium - answera scheduled amount to be paid for an insurance policy. What are premiums used for - answerpremiums 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? - answerthe insurer collects premiums from all policy holders and uses th...

NGN ATI Florida Claims Adjuster Exam | 206 Questions with 100% Correct Answers A+ | 2023 Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests Correct Answer: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In ...

Adjuster Pro Exam Questions and Answer | 100% Verified and Updated 2024 What type of insurer sell shares to the public and is owned by its share holders? - Answer-stock insurance company Ronald always drives with his windows rolled down because he loves the feeling of the wind in his hair however he often forgets to roll his windows up when he gets out of the car of course this behavior makes it easier for thieves to steal his belongings from the car but Ronald can't help from being forg...

Adjuster Pro Exam Questions and Answer | 100% Verified and Updated 2024 What type of insurer sell shares to the public and is owned by its share holders? - Answer-stock insurance company Ronald always drives with his windows rolled down because he loves the feeling of the wind in his hair however he often forgets to roll his windows up when he gets out of the car of course this behavior makes it easier for thieves to steal his belongings from the car but Ronald can't help from being forg...

Florida No-Fault Tort Exemption - Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) – 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? - National Flood Insurance Program Form SR-22 - Drivers Convicted of DUI or a traffic felony over the p...

Florida No-Fault Tort Exemption - Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) – 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? - National Flood Insurance Program Form SR-22 - Drivers Convicted of DUI or a traffic felony over the p...

©BRIGHTSTARS EXAM SOLUTIONS 10/22/2024 12:14 PM Adjuster Pro - Insurance adjuster Test Exam Questions And Answers 100% Pass. What is insurance? - answerprotection against financial loss what is a premium - answera scheduled amount to be paid for an insurance policy. What are premiums used for - answerpremiums 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? - answerthe insu...

Adjuster Pro: Indiana Adjuster's License - Practice Exam Questions And Answers On January 27, 2008, Ryan was using an exercise bike purchased from NusquamCycle when the chain broke, causing him to fall and severely bruise his knee. It seemed to heal just fine, but three years later, on January 25, 2011, Ryan's knee gave out while jogging. His doctor told him that he'll need surgery and that this deterioration resulted from the earlier accident with the exercise bike. Which of the following ...