Nc claims adjuster 2024 - Study guides, Class notes & Summaries

NC Adjuster License Practice Exam Questions and solutions latest updates 2024 Graded A+ Manny is purchasing a Commercial Property policy with a Business Income form included. Manny can select from any of the following as a method to provide coverage, while avoiding the coinsurance requirement, EXCEPT: - answers The maximum monthly limit of indemnity optional coverage The traditional definition of actual cash value (ACV) is: - answers Replacement cost minus depreciation Sam and Dan a...

Adjuster Pro Section-3 2023/2024 The Personal Auto Policy (PAP) - CORRECT ANSWER-A policy that combines liability insurance with other optional coverages PAP Policies can cover - CORRECT ANSWER--Individuals and residing family members -People driving car with owner's permission -Four-wheeled vehicles under 10,000 lbs *Insurable interest is required PAP Policies will indemnify for: - CORRECT ANSWER--Property Damage -Personal Injury -Legal Defense What will PAPs not pay for - CORRECT...

NC adjuster Exam Questions And Solutions Graded A+(latest updates 2024) Inception/Expiration Date - answers The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date - answers The date on which the loss occurred Identification of Parties involve - answers The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the name...

EXAM STUDY MATERIALS July 25, 2024 1:06 PM NC Claims Adjuster Exam Study Questions And Answers. Verified And Updated. Liability Insurance PAP (Part A) - answerPays all the sums and insured must legally pay as damage due to BI/PD caused by an accident and resulting from the ownership, maintenance or use of a covered auto. Coverage Part A through F of a PAP - answerA. Liability B. Medical Payments C. UM/UIM D. Physical Damage E. Insured Duties F. General Provisions Certificate of Insur...

NC Claims Adjuster Exam Study QUESTION AND CORRECT ANSWER GRADE A+ 2023/2024 Liability Insurance PAP (Part A) - CORRECT ANSWER-Pays all the sums and insured must legally pay as damage due to BI/PD caused by an accident and resulting from the ownership, maintenance or use of a covered auto. Coverage Part A through F of a PAP - CORRECT ANSWER-A. Liability B. Medical Payments C. UM/UIM D. Physical Damage E. Insured Duties F. General Provisions Certificate of Insurance (COI) - CORRECT...

N.C. Claims Adjuster Exam Latest 2024 Rated A+ Inception/Expiration Date - Answer ️️ -an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date - Answer ️️ -Date of which the loss occurred Identification of parties involved - Answer ️️ -The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured p...