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FLORIDA ADJUSTER LICENSING PRACTICE EXAM WITH ANSWERS RATED TO A+
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FLORIDA ADJUSTER LICENSING PRACTICE EXAM WITH ANSWERS RATED TO A+
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XFLORIDA ADJUSTER LICENSING
PRACTICE EXAM WITH ANSWERS
RATED TO A+
A claim in the property/casualty industry Is defined as: - correct answer-an assertion of
an alleged legal right against a person, entity, company or insurer that carries with it a
demand for money as compensation for injuries or damages
When you purchase insurance, you are buying: - correct answer-peace of mind that if
an insured event does occur, that the insurance company will keep its promise and
provide the financial protection that you purchased
in today's society, the most important factor in the purchase of insurance is: - correct
answer-trust
One of the most important claim handling goals of an insurance company is: - correct
answer-to help those who have been injured or who have suffered loss for which the
insured is responsible, while at the same time minimizing loss for the insured party and
carrier
what is the primary difference between a company employee adjuster and an
independent adjuster - correct answer-a company employee adjuster works for an
insurance company and an independent adjuster works independently for themselves or
for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - correct answer-the adjuster
represents, and controls, the property and financial interests of the client to whom
he/she owes a high degree of loyalty and good faith
the basic and primary functions of an adjuster are: - correct answer-investigating,
evaluating, reporting, negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education
requirement. What is that adjuster's compliance requirement in order to retain a license?
- correct answer-an adjuster must complete 24 hours of continuing education in every 2
year compliance period, of which 5 hours must be taken in a properly certified 5 hour
law and ethics update course
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