Bodily Injury Chapter 1 || A+ Guaranteed.

Non-waiver agreement correct answers A signed agreement indicating that during the course of investigation, neither the insurer nor the insured waives rights under the policy. Reservation of rights letter correct answers An insurer's letter that specifies coverage issues and informs the insured that the insurer is handling a claim with the understanding that the insurer may later deny coverage should the facts not correlate Estoppel correct answers Someone by lack of action, indicated that they will not exercise a right they have. Subrogation correct answers recover the loss from the guilty person forensic expert correct answers an expert who, through skill, training, background, education, or experience, renders opinions on matters relevant to legal cases Volenti non fit injuria correct answers person who knowingly puts himself at risk for danger, cannot sue Act of God correct answers a natural and unavoidable catastrophe. Could not have been prevented Contributory Negligence correct answers A legal defense that may be raised when the defendant feels that the conduct of the plaintiff somehow contributed to any injuries or damages that were sustained by the plaintiff. judgment proof correct answers when the defendant does not have sufficient money or other assets to pay the judgment Adjusters must be/have: correct answers - good communication skills - professional and courteous manner - understanding of the medical aspects of the injuries - ability to show empathy and understanding - knowledge and good analytical skills -familiar with laws & theories of defence that affect the judicial outcome of a claim Statement-taking process: correct answers - choosing the location for interview - prep for interview - guiding the process - having the statement giver sign the statement Determining liability considerations: correct answers - doctrine of volenti non fit injuria - Acts of God - apportionment of fault - doctrine of joint & several liability