Florida all lines - Study guides, Class notes & Summaries

Peril Correct Answer: Something that causes a loss. Hazard Correct Answer: Something that increases the probability that a loss will occur. Warranty Correct Answer: A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation Correct Answer: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment Correct Answer: Th...

FLORIDA ALL LINES ADJUSTER TESTS/EXAMS|TESTBANK| (COMPLETE SOLUTION QUESTIONS ALLWITH CORRECT ANSWERS 2023-2024|GUARANTEEA GRADE

Florida 6-20 All Lines Adjuster Test Question and answers 2023 verified A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public 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 A. Field Report States have adopted statutes regarding claims adjusting. To avoid u...

Florida Adjuster All Lines Exam | Questions with 100% Correct Answers | Verified | Latest Update

Florida Adjuster All Lines Exam Questions and Answers 100% Pass The Adjuster's Code of Ethics starts with a basic premise which states: - Correct Answer ️️ -The work of adjusting engages the public trust Once an adjuster is licensed he or she must maintain a continuing education requirement. Select from the following an adjuster's compliance requirement in order to stay licensed: - Correct Answer ️️ -A newly licensed adjuster must complete 24 hours of continuing education in eve...

The deductible - ANSWER-The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? Replacement cost - ANSWER-Which loss settlement provides new for old? the claims adjuster's role in the insurance industry includes - ANSWER-Give appropriate legal advice and write binding contracts following are examples of a peril - ANSWER-Lighting, Explosion and Fire The abandonment clause - ANSWER-The clause that prohibits the insured from ...

Florida All Lines Adjuster Test Quiz with Multiple Choices – Correct Answers| Latest 2023/2024 A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public -- 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 -- A. Field Report States have adopted statutes regarding claims ad...

45 Hour Post License Real Estate Florida Test Questions With Answers Latest Updated 2024/2025 | 100% Verified. When consumers, lured by lower prices, venture back into the market, business activity increases and confidence begins to return. Slowly, production facilities gear up to meet the new consumer demand, capital begins to flow back into business enterprises, and additional employees are hired. The three types of operating expenses of an income property are A) fixed, debt service, and...