Adjuster study aid - Study guides, Class notes & Summaries

Adjuster Pro - Insurance adjuster test(insurance adjuster test study guide)With Correct Answers RATED A+.What is insurance? - Answer protection against financial loss what is a premium - Answer a scheduled amount to be paid for an insurance policy. What are premiums used for - Answer premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? - Answer the insurer collects premiums f...