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AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct!!
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B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requ...
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Add to cartB. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requ...
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AIC Exam Questions And Answers Already Graded A+
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Subrogation - The process by which an insurer can, after it has paid a loss under the policy, recover the amount paid from any party (other than the insured) who caused the loss or is otherwise legally liable for the loss. Legal Liability - The legally enforceable obligation of a person or an org...
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Add to cartSubrogation - The process by which an insurer can, after it has paid a loss under the policy, recover the amount paid from any party (other than the insured) who caused the loss or is otherwise legally liable for the loss. Legal Liability - The legally enforceable obligation of a person or an org...
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AIC 31 Exam | 211 Questions With 100% Correct Answers.
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Which one of the following describes a windstorm under an insurance policy? -A wind of any velocity having sufficient force to cause damage In a specified perils policy, a loss is covered only if - The cause of loss is listed. A mortgagee's rights under a property insurance policy can best be de...
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Add to cartWhich one of the following describes a windstorm under an insurance policy? -A wind of any velocity having sufficient force to cause damage In a specified perils policy, a loss is covered only if - The cause of loss is listed. A mortgagee's rights under a property insurance policy can best be de...
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AIC 30 | 151 Questions and Answers(A+ Solution guide)
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First Party Focus - Coverage and Amount of damage Second Party - Insurance Company First Party - Insured Third Party - Claimant Third Party Focus - Liability, Coverage, and Amount of damage Third Party Administrator (TPA) - an organization that provides admin services associated with risk fina...
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Add to cartFirst Party Focus - Coverage and Amount of damage Second Party - Insurance Company First Party - Insured Third Party - Claimant Third Party Focus - Liability, Coverage, and Amount of damage Third Party Administrator (TPA) - an organization that provides admin services associated with risk fina...
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