Adjuster pro final exam - Study guides, Class notes & Summaries

Adjuster PRO Exam Questions and Answers 2024 The term "jurisdiction" means: A. The body of law that addresses and provides remedies for any civil wrongdoing performed on another party B. The authority of a court or judge to hear a case and to make a judgment C. The designation of a geographic area over which a particular court has jurisdiction D. When all the facts of a civil case are heard, and a judge makes the final decision about the court case -Answer-B. The authority of a court or...

1 AIC 30 EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ First Party Focus Correct Answer: Coverage and Amount of damage Second Party Correct Answer: Insurance Company First Party Correct Answer: Insured Third Party Correct Answer: Claimant Third Party Focus Correct Answer: Liability, Coverage, and Amount of damage Third Party Administrator (TPA) 2 Correct Answer: an organization that provides admin services associated with risk financing and insurance. The...

that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above A. Field Report States have adopted statutes regarding claims adjusting. To avoid unfair treatment to a claimant the adjuster must not: A. Promptly investigate the claim. B. Follow the laws regarding the number of days in which to commence an investigation. C. Deny the claim until a fair and prompt investigation has commenced. D. Pay the claim within a reasonable num...

Adjuster Pro Practice Exam questions and answers 100% verified. Stu uuhas uua uucollection uuof uurare uucomic uubooks. uuHe uuwants uuto uupurchase uutheft uuinsurance uufor uuhis collection, uuseparate uufrom uuhis uuhome uuand uuother uuproperty. uuWhat uuterm uumost uuaccurately describes uuthe uutype uuof uupolicy uuStu uuwould uupurchase? uu- uu uucorrect uuanswer. uu uu uuMonoline uuPolicy Which uuof uuthe uufollowing uustatements uudoes uuNOT uuapply uuto uuthe uuStan...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM - 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 only covere...

FLORIDA 6-20 ALL LINES ADJUSTER EXAM TEST QUESTIONS A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - CORRECT ANSWER-B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - CORRECT ANSWER-A. Field Report States have adopted statutes regarding claims adjusting. To av...

ADJUSTER PRO 2 EXAM 2023/2024 Agent - CORRECT ANSWER-one who recieves the authority to act on behalf of someone else Sales Agent - CORRECT ANSWER-receives authority to sell -authority given by written contract Insurance Adjuster - CORRECT ANSWER-receives authority to settle claims brought against the insurer - authority given by written contract Three major responsibilities of contracted agents - CORRECT ANSWER-1. follow the contract 2. always use reasonable judgement & care 3....

Hawaii Insurance exam Questions Answered 100% correct The Insurance Commissioner must examine an insurer at least once every? 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: $5,000 The MA...

PRO-ADJUSTER FINAL TEST. ACTUAL EXAM {GRADED A+}. // 2024 AUGUST LATEST UPDATE. // VERIFIED ANSWERS. // NEW EXAM!!! NEW EXAM!!! Amy needs more floor space in her antique furniture store, so she buys a storage building 3 miles away. She is worried about keeping the furniture in the storage building safe, so she puts in an alarm system and smoke detectors. By purchasing the alarm system and smoke detectors, Amy is practicing: - ANS- risk reduction. Six Stars Development Company has...

ADJUSTER PRO EXAM TEST WITH ANSWERS Stu has a collection of rare comic books. He wants to purchase theft insurance for his collection, separate from his home and other property. What term most accurately describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline Policy Which of the following statements does NOT apply to the Standard Fire Policy? - CORRECT ANSWER-It automatically covers wind and vandalism. Which of the following refers to being restored to the financial...