Florida All Lines Claims Adjuster Exam 2024 | Questions with 100% Correct Answers | Verified | Updated
64 views 3 purchases
Course
Claims Adjuster
Institution
Claims Adjuster
What is an eligible building for flood insurance?: A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community
What is Builders Risk Coverage?: Covers buildings in the c...
1 / FL All Lines Claims Adjuster
1.What is an eligible building for flood insurance?: A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community
2.What is Builders Risk Coverage?: Covers buildings in the course of completion. Proper coverage is 100% of expected completed value
3.Do all Homeowners policies contain Coverage A?: No, HO-4 (Renters person- al property)
4.What is casual labor in workers' compensation?: Labor that is casual,
irregu- lar, limited or temporary purpose .
5.What is the waiting period for worker's compensation disability?: 7
days prior to the payment of disability benefits. If a disability lasts
more than 21 days, benefits will be paid from the first day of injury.
6.What are the parties to a surety bond: Principle, Obligee, Surety, and Indemn- itor
7.How does a crime policy value money and securities?: Money is valued
at face value. Securities are valued on the day the loss was 2 / discovered.
8.How is the employee theft coverage written?: Scheduled persons coverage, Scheduled position coverage, and blanket coverage
9.What is the deductible in an umbrella policy?: No deductible, this is liability coverage
10.What are the types of Health Insurance?: HMO and PPO
11.What is the limit of medical expenses in workers' compensation?: There is no limit
12.What does workers' compensation provide for funeral expenses?: If death results within one year of an accident, or follows a continuous disability within 5 years, then actual funeral expenses, not exceeding $7500
13.What is Ocean Marine coverage?: Oldest form of insurance known. Covers perils associated with water transport .
14.What is Inland Marine Coverage?: Covers the cargo traveling overland, in- stead of by sea.
15.What is "all risk" coverage in a homeowners policy?: Property insurance covering loss arising from any fortuitous cause except those specifically excluded
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseFerian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
