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NC CLAIMS ADJUSTER PACAKGE DEAL 2023|GUARANTEED SUCCESS
NC CLAIMS ADJUSTER PACAKGE DEAL 2023|GUARANTEED SUCCESS
[Montrer plus]NC CLAIMS ADJUSTER PACAKGE DEAL 2023|GUARANTEED SUCCESS
[Montrer plus]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: 
The maximum monthly limit of indemnity optional coverage 
 
 
 
The traditional defi...
Aperçu 3 sur 17 pages
Ajouter au panierManny 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: 
The maximum monthly limit of indemnity optional coverage 
 
 
 
The traditional defi...
Inception/Expiration Date 
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 
Date of which the loss occurred 
 
 
 
Identification of parties involved 
The loss report sho...
Aperçu 4 sur 50 pages
Ajouter au panierInception/Expiration Date 
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 
Date of which the loss occurred 
 
 
 
Identification of parties involved 
The loss report sho...
Liability Insurance PAP (Part A) 
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 
A. Liability 
B. Medical Payments 
C. UM/UIM 
D. Physical D...
Aperçu 4 sur 41 pages
Ajouter au panierLiability Insurance PAP (Part A) 
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 
A. Liability 
B. Medical Payments 
C. UM/UIM 
D. Physical D...
The most common method of risk management is: 
 
A. The sharing of risk 
B. The assumption of risk 
C. The transfer of risk 
D. Risk avoidance 
C. The transfer of risk 
 
 
 
Which of the following types of risk is associated with change is not insurable? 
 
A. Fundamental risk 
B. Particular risk 
...
Aperçu 4 sur 41 pages
Ajouter au panierThe most common method of risk management is: 
 
A. The sharing of risk 
B. The assumption of risk 
C. The transfer of risk 
D. Risk avoidance 
C. The transfer of risk 
 
 
 
Which of the following types of risk is associated with change is not insurable? 
 
A. Fundamental risk 
B. Particular risk 
...
Aperçu 2 sur 8 pages
Ajouter au panierNC Adjuster Exam with complete solutions
60 
property is not covered if it has been vacant or unoccupied for ____ days? 
 
 
 
60 
An insured has ____ days to supply the insurer with an inventory list after a loss. 
 
 
 
30 
The insurer has _____ days to notify the insured that they will provide coverage for a loss after receiving proof o...
Aperçu 1 sur 4 pages
Ajouter au panier60 
property is not covered if it has been vacant or unoccupied for ____ days? 
 
 
 
60 
An insured has ____ days to supply the insurer with an inventory list after a loss. 
 
 
 
30 
The insurer has _____ days to notify the insured that they will provide coverage for a loss after receiving proof o...
Passive Unfair Claim Settlement Practice 
1. Failing to act promptly upon receiving a claim 
 
2. Failing to implement reasonable standards for the prompt investigation of claims 
 
3. Failing to affirm or deny coverage within a reasonable time after receiving the proof of loss 
 
 
 
A property pol...
Aperçu 2 sur 13 pages
Ajouter au panierPassive Unfair Claim Settlement Practice 
1. Failing to act promptly upon receiving a claim 
 
2. Failing to implement reasonable standards for the prompt investigation of claims 
 
3. Failing to affirm or deny coverage within a reasonable time after receiving the proof of loss 
 
 
 
A property pol...
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