NC CLAIMS ADJUSTER PACAKGE DEAL 2023|GUARANTEED SUCCESS

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...

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...

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 ...

NC 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...

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...