Public adjuster Study guides, Class notes & Summaries

Illinois Public Adjuster Exam Questions and Answers Latest 2023 RATED A+

626.854 (3) Correct Answer: A public adjuster may not give legal advice or act on behalf of or aid any person in negotiating or settling a claim relating to bodily injury, death, or noneconomic damages. 626.854 (5) Correct Answer: A public adjuster may not directly or indirectly through any other person or entity solicit an insured or claimant by any means except on Monday through Saturday of each week and only between the hours of 8 a.m. and 8 p.m. on those days. 626.854 (6) Correct Ans...

Illinois Public Adjuster Exam Questions and Answers Latest 2023

Subordination Correct Answer: When the insured collets damages from his or her own insurance company and those damages were caused by negligent third-party, the insurance company steps into the shoes of the insured and is entitled to recover the damages actually paid to the insured from the negligent party liability insurance Correct Answer: Means that the payment by the insurance company will be made to a third-party injured or damaged by the insured. An insured can we never recover damage...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...

PUBLIC ADJUSTER QUESTIONS AND ANSWERS ALREADY PASSED Program Trigger for terrorist acts must cause a collective damage in excess of? • $100,000,000 TF A public adjuster may own no more than 50% in a salvage or similar business? • F General Average • Loss shared by all parties Particular Average • Only one party shares in the loss. In a home owner policy there is no deductible for • Liability Coverage In BOP covered property is listed and described in what part of th...

Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed Which of the following professional liability policies would also cover bodily injury damages? Architects and Engineers E&O Insurance agents E&O Lawyers E&O Fiduciary Legal Liability Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is known as a/an: independent adjuster spe...

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