Idemnification - Study guides, Class notes & Summaries

Claims Adjuster Questions and Answers 100% Pass Insurance - Answer ️️ --an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Answer ️️ --the fee paid by the insured in exchange for insurance Principle of Indemnity - Answer ️️ --the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Answer ️️ --to compensate for loss or damage; to provide security ...

Claims Adjuster Questions and Answers 100% Pass Insurance - Answer ️️ --an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Answer ️️ --the fee paid by the insured in exchange for insurance Principle of Indemnity - Answer ️️ --the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Answer ️️ --to compensate for loss or damage; to provide security ...

CMP EXAM WITH 100% CORRECT ANSWERS 2024 All freight traveling between countries must be accompanied by which of the following: a. an attorney b. an event rep c. descriptive documentation d. photographs of the contents - Correct answer-c. descriptive documentation The content of an event is determined by a. objectives b. audience c. budget d. suppliers - Correct answer-a. objectives DMCs and destination marketing organizations can provide guidelines on: a. hiring and contracting b...

How often must you renew your real estate salesperson/broker license? - ANSWER-Every 2 years What is the purpose of license laws in the real estate industry? - ANSWER-To minimize fraudulent practice and protect the general public The New York regulatory agency that oversees real estate licensure is the: - ANSWER-Department of State Most of the law about salespersons and brokers is in which article of the Real Property Law? - ANSWER-Article 12-A What are the age requirements for a bro...

CMP EXAM WITH 100% CORRECT ANSWERS 2024 All freight traveling between countries must be accompanied by which of the following: a. an attorney b. an event rep c. descriptive documentation d. photographs of the contents - Correct answer-c. descriptive documentation The content of an event is determined by a. objectives b. audience c. budget d. suppliers - Correct answer-a. objectives DMCs and destination marketing organizations can provide guidelines on: a. hiring and contracting b...

Insurance - Correct answer--an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Correct answer--the fee paid by the insured in exchange for insurance Principle of Indemnity - Correct answer--the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Correct answer--to compensate for loss or damage; to provide security for financial reimbursement to an individual in...

CLAIMS ADJUSTER EXAM | QUESTIONS AND ANSWERS | GRADED A+ | Insurance - Correct answer--an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Correct answer--the fee paid by the insured in exchange for insurance Principle of Indemnity - Correct answer--the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Correct answer--to compensate for loss or damage; to ...

Insurance - -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - -the fee paid by the insured in exchange for insurance Principle of Indemnity - -the insurer should be restored to where they were before the incident -no profit can be made Idemnification - -to compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person 4 Elemen...

Insurance -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium -the fee paid by the insured in exchange for insurance Principle of Indemnity -the insurer should be restored to where they were before the incident -no profit can be made Idemnification -to compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person 4 Elements of a Lega...

Insurance -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium -the fee paid by the insured in exchange for insurance Principle of Indemnity -the insurer should be restored to where they were before the incident -no profit can be made Idemnification -to compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person 4 Elements of a Lega...