B concealment - Study guides, Class notes & Summaries

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

Which term describes the equal sharing of a loss by two or more insurers until the loss is paid, or until each insurer has exhausted its limits of insurance, whichever comes first? A Excess insurance B Pro rata liability C Primary insurance D Contribution by equal shares D: Contribution by equal shares The formal statement an insured provides to an insurer, including all the details an insurer needs to assess its liability following a loss, is known as a: A Notice of loss B Binder ...

Insurance Adjuster Exam Questions and Answers Rated A+ Which kind of losses are covered under a standard fire policy? Direct All fires are not covered by the Standard Fire policies, only those that: are hostile and have a flame or glow At what time does a fire policy go into affect? 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximum amount the insur...

BLE/Patrol Officer Active Aggressive Shooter Response 1. Identify the terms and definitions: active shooter, barricaded suspect, traditional deployment, rapid deployment, time line of violence and incident transition. 2. Identify the difference between active shooter vs. hostage/barricaded suspect(s). 3. Identify ways of preparing for an active shooter situation. 4. Identify and demonstrate initial deployment procedures to include en-route tasks and procedures when arriving on scene. 5. Ide...

Primerica Practice Exam Test A 75 Questions & Answers 2023 1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: A. Single premium immediate annuity. B. Single premium deferred annuity. C. Level premium variable annuity. D. Flexible premium fixed annuity. - Correct answer-Single premium deferred annuity 2. A technique used to determine the amount of life insurance needed by focusing on the projected earning potential of an insured ...

Sue the broker - Answer- Sales associate, Tim, received a signed contract from a buyer and ailed it to the seller. The seller agreed to the terms and the escrow deposit was deposited safely in the brokers escrow account. Tim has a disagreement with his broker and quits. The broker refuses to pau a commission since tim was not in his employ when the contact was actually received and signed. What should tim to? The one who engages the broker in a single agency relationship - Answer- Who is the ...

FLORIDA 2-20 EXAM | 837 TEST BANK ACTUAL QUESTIONS AND ANSWERS 100% CORRECT | LATEST UPDATE 2024 {WELL ILLUSTRATED} 1.If someone would suffer economic loss from damage to their property, they have: A: a subrogation right B: a proximate cause C: an insurable interest D: a contingent claim C: an insurable interest 2. A convenience used to provide temporary insurance is called: A - Insurance B - binder C- property coverage D- liability coverage B - binder 3. The failure of ...

INSURANCE EXAM QUESTIONS & ANSWERS 2024 which one of these is NOT a type of agent authority? A. Express B. implied C. principal D. apparent - Answer - principal which of these arrangements allows one to bypass insurable interest laws? A. concealment B. indemnity contract C. contract of adhesion D. investor-originated life insurance - Answer - Investor-originated life insurance A policy of adhesion can only be modified by whom? A. The agent B. The applicant C. The primar...

A contract between an insured and an insurance company which agrees to pay the insured for loss caused by specific events is A. A premium. B. A guaranteed benefit. C. A policy. D. A rider. - ️️C. A policy. - A contract between an insured and an insurance company which agrees to pay the insured for loss caused by specific events is a policy. A life insurance application is asking if the applicant has applied for any other life insurance within the past 6 months. The applicant states that...

Property and Casualty Insurance Licensing Exam Questions & Revised Correct Answers. Guarantee Pass!! To prevent recovery beyond the amount of the insured's actual loss, the policy will contain: - ANSWER : An Other Insurance Clause Collision coverage of an auto policy covers: a) road damage to the tires b) upset of the vehicle c) frozen engine block d) falling objects - ANSWER : B) upset of the vehicle The maximum amount of payable for all losses resulting from one event is kn...