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Florida Adjuster Licensing Practice Exam 2024/2025 already graded A+
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Florida Adjuster Licensing Practice Exam 2024/2025 already graded A+
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Florida Adjuster Licensing PracticeExam
A claim in the property/casualty industry Is defined as: - ANSan assertion of an alleged legal
right against a person, entity, company or insurer that carries with it a demand for money as
compensation for injuries or damages
when you purchase insurance, you are buying: - ANSpeace of mind that if an insured event
does occur, that the insurance company will keep its promise and provide the financial
protection that you purchased
in today's society, the most important factor in the purchase of insurance is: - ANStrust
One of the most important claim handling goals of an insurance company is: - ANSto help those
who have been injured or who have suffered loss for which the insured is responsible, while at
the same time minimizing loss for the insured party and carrier
what is the primary difference between a company employee adjuster and an independent
adjuster - ANSa company employee adjuster works for an insurance company and an
independent adjuster works independently for themselves or for adjusting firms who represent
many clients
an adjuster's responsibility as a fiduciary means: - ANSthe adjuster represents, and controls, the
property and financial interests of the client to whom he/she owes a high degree of loyalty and
good faith
the basic and primary functions of an adjuster are: - ANSinvestigating, evaluating, reporting,
negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education requirement. What
is that adjuster's compliance requirement in order to retain a license? - ANSan adjuster must
complete 24 hours of continuing education in every 2 year compliance period, of which 5 hours
must be taken in a properly certified 5 hour law and ethics update course
the adjuster's code of ethics starts with a basic premise which states: - ANSthe work of
adjusting engages the public trust
Which of the following would NOT be a preferred claims practice or behavior under FL Unfair
Insurance Trade Practices Act? - ANSNot responding to an insured calls because you haven't
made up your mind
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