Fl adjuster - Study guides, Class notes & Summaries

The first step in the claim process is to - ANSWER-Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - ANSWER-90 Jerome was shopping at ABC Imports when a light fixture fell from the ceiling and hit him on the head. Jerome's injuries resulted in an extended hospital stay, so he sued ABC Imports and was awarded $400,000. Assuming ABC Imports carries a CGL with a General Aggregate of $750,000 and a per occurrence limit of $250,000, what is the ...

1 FL ADJUSTER PRACTICE TEST QUESTIONS AND ANSWERS, RATED A+/ VERIFIED/ What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP? - - 25% or less of floor space is available to the general public, and less than 25% of gross income may come from retail sales. The first step in the claim process is to - -Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - -90 Jerome was shopping at ABC Imports when a light fixt...

FL Adjusters License Practice Exams, Questions and Correct Answers. Complete Verified Solution. 184 Questions and Answers. Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. (B) Written evidence of the agreement and its terms. Assume that f...

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FL All Lines Claims Adjuster QUESTIONS AND ANSWERS RATED A || 2024

FL All Lines Claims Adjuster Questions And Answers With Verified Solutions FL All Lines Claims Adjuster Questions And Answers With Verified Solutions

Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. CORRECT ANSWER (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then appraised value of] $60,000. Two weeks ago they had a st...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

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