Florida Adjuster Licensing Practice Exam Questions And Answers
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Adjusterpro:
Florida Adjuster Licensing Practice Exam
Questions And Answers
what is the primary difference between a company employee adjuster and an independent
adjuster a company employee adjuster works for an insurance company and an
independent adjuster works independently for themselves or for adjust...
Florida Adjuster Licensing Practice Exam
Questions And Answers
what is the primary difference between a company employee adjuster and an independent
adjuster a 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: the 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: investigating, 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? an 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
, Florida Adjuster Licensing Practice Exam
Questions And Answers
the adjuster's code of ethics starts with a basic premise which states: the 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? Not responding to an insured calls because you haven't
made up your mind
what are the four critical elements of a contract? 1. agreement to terms (must understand
what is given and received)
2. adequate consideration for the promises made
3. legal capacity of the parties to contract
4. contract must have legal purpose
an insurance policy is often referred to as a contract of adhesion which means: if any of
the wording or language in the policy is vague or ambiguous, making it difficult to understand or
interpret, the law is well settled that the interpretation shall be in favor of the party who did not
control its terms (the policyholder)
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