Idemnification - Study guides, Class notes & Summaries

Assessment correct answers Choosing Investments (real estate, stocks, etc.) "We are assessing different investment options." Idemnification correct answers Ensuring a loss does not adversely affect stability. (Indemnification is NOT about being made whole in a loss) Allocation correct answers WHERE to invest (think about diversification). While, assessment was about choosing the type of investment, allocation is more like choosing HOW MUCH we invest in each type of investment - diversify...

Claims Adjuster Exam With 100% Correct Answers Insurance - ANSWER -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - ANSWER -the fee paid by the insured in exchange for insurance Principle of Indemnity - ANSWER -the insurer should be restored to where they were before the incident -no profit can be made Idemnification - ANSWER -to compensate for loss or damage; to provide security for financial reimbursement...

Claims Adjuster Exam Questions and Answers 100% Pass Insurance - Correct Answer️️ --an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Correct Answer️️ --the fee paid by the insured in exchange for insurance Principle of Indemnity - Correct Answer️️ --the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Correct Answer️️ --to compensate for l...

Claims Adjuster questions and answers correctly explained. Insurance - correct answers.-an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - correct answers.-the fee paid by the insured in exchange for insurance Principle of Indemnity - correct answers.-the insurer should be restored to where they were before the incident -no profit can be made Idemnification - correct answers.-to compensate for l...

NATIONAL REAL ESTATE EXAM QUESTIONS AND ANSWERS| 100% CORRECT 2024 Olivia took out a 15-year loan secured with a deed of trust. She made her last payment this month. What happens now? - answerThe trustee grants a reconveyance deed to Olivia. - answer - answer - answer What is the reproduction cost? - answerthe cost to build an exact replica of the subject, with the same materials and deficiencies. Which fiduciary duty continues even after a transaction closes? - answerAcconting What i...

Insurance correct answers -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium correct answers -the fee paid by the insured in exchange for insurance Principle of Indemnity correct answers -the insurer should be restored to where they were before the incident -no profit can be made Idemnification correct answers -to compensate for loss or damage; to provide security for financial reimbursement to an individual in...

Claims Adjuster Questions and Answers 100% Pass Insurance -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium -the fee paid by the insured in exchange for insurance Principle of Indemnity -the insurer should be restored to where they were before the incident -no profit can be made Idemnification -to compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss...

CLAIMS ADJUSTER QUESTIONS WITH CORRECT ANSWERS Insurance - CORRECT ANSWER--an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - CORRECT ANSWER--the fee paid by the insured in exchange for insurance Principle of Indemnity - CORRECT ANSWER--the insurer should be restored to where they were before the incident -no profit can be made Idemnification - CORRECT ANSWER--to compensate for loss or damage; to provide ...

FLORIDA CLAIMS ADJUSTER LATEST EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS

Claims Adjuster Exam with 100% Correct Answers 2023 Insurance - Correct answer--an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - Correct answer--the fee paid by the insured in exchange for insurance Principle of Indemnity - Correct answer--the insurer should be restored to where they were before the incident -no profit can be made Idemnification - Correct answer--to compensate for loss or damage; to provide sec...