Severability - Study guides, Class notes & Summaries
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Florida Claims Adjuster Exam questions with correct answers
- Exam (elaborations) • 56 pages • 2023
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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests CORRECT ANSWER D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests ...
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Claims Adjuster (Florida) questions with correct answers
- Exam (elaborations) • 34 pages • 2023
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Frank owned a home that was destroyed by a hurricane. Both TD Bank and Bank of America were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, TD Bank 
B. The Insured 
C. Jointly to TD Bank and Bank of America 
D. All listed interests CORRECT ANSWER D. All listed interests 
 
Insurance applies separately to each insured as if other insureds did not exist. This is defined as: 
A. Severability 
B. Conditional 
C. Warranty ...
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Florida Claims Adjuster Exam questions and answers 2023
- Exam (elaborations) • 26 pages • 2023
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Florida Claims Adjuster Exam questions and answers 2023Severability 
Insurance applies separately to each insured as if other insureds did not exist. 
 
 
 
Abandonment 
Property insurance policies usually contain a(n) __________ clause, stating the insured cannot dump damaged property on the insurer and demand its full value. 
 
 
 
Insurable Interest 
One wherein economic loss would be suffered from an adverse happening to the subject. 
 
 
 
Liberalization 
States that if the insurer adopts a...
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Florida Claims Adjuster Exam Latest 2024/2025 Questions & Answers Verified Answers (100% CORRECT ANSWERS)
- Exam (elaborations) • 38 pages • 2024
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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks 
were listed as additional interests on his homeowner policy. The insurance company will 
make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - ANSWER D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the 
event of a loss, one payment is made by the insurer and it is up to the additional 
interests on ...
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Florida Claims Adjuster License Exam Questions With Correct Solutions 2024.
- Exam (elaborations) • 46 pages • 2024
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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - Answer D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on ...
And that's how you make extra money
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Florida Claims Adjuster Exam Exam (Questions with 100% CORRECT ANSWERS)A+ GRADED VERIFIED)
- Exam (elaborations) • 26 pages • 2024
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Florida Claims Adjuster Exam Exam (Questions with 100% CORRECT 
ANSWERS)A+ GRADED VERIFIED) 
Severability - ANSWER Insurance applies separately to each insured as if other insureds did 
not exist. 
Abandonment - ANSWER Property insurance policies usually contain a(n) __________ 
clause, *stating the insured cannot dump damaged property on the insurer and demand its full 
value.* 
Insurable Interest - ANSWER One wherein economic loss would be suffered from an adverse 
happening to the subject
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Florida Claims Adjuster Exam 2024 (A+ GRADED)
- Exam (elaborations) • 32 pages • 2024
- Available in package deal
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- $13.49
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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests correct answers D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests...
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2024 FLORIDA CLAIMS ADJUSTER EXAM | 206 QUESTIONS WITH 100%
- Exam (elaborations) • 37 pages • 2024
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1.	Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A.	The first mortgagee, ABC 
B.	The Insured 
C.	Jointly to ABC and XYZ 
D.	All listed interests: D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on working ...
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Florida Claims Adjuster Exam Questions and Answers Graded A
- Exam (elaborations) • 57 pages • 2024
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Florida Claims Adjuster Exam 
Questions and Answers Graded A 
Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks 
were listed as additional interests on his homeowner policy. The insurance company will 
make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - Answer- D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the 
event of a loss, one payment is ma...
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Florida Claims Adjuster Exam Questions & Answers 100% Accurate
- Exam (elaborations) • 48 pages • 2024
- Available in package deal
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- $10.99
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Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: 
A. The first mortgagee, ABC 
B. The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests - ANSWER-D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on wor...
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