Claims adju - Study guides, Class notes & Summaries

Accident Insurance - Answer Covers expenses associated with a covered accident and can extend to ambulance and emergency room expenses, intensive care, and hospital costs. Accident insurance also provides for loss of income, and a death benefit if injuries prove fatal. Accumulated Depreciation - Answer The total decrease in an item's value over a period of time. Formula: (annual depreciation x number of years used). Subtract this number from the item's replacement cost to get its actua...

N.C. Claims Adjuster Exam Q&As Latest Update 2023 (329Qs with 100% Correct answers)

Florida Claims Adjuster Latest Exam 200 Questions with Correct Answers

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. ...

Florida Claims Adjuster Exam questions and answers 2023Severability Insurance applies separately to each insured as if other insureds did not exist. Abandonment Property insurance policies usually contain a(n) __________ clause, stating the insured cannot dump damaged property on the insurer and demand its full value. Insurable Interest One wherein economic loss would be suffered from an adverse happening to the subject. Liberalization States that if the insurer adopts a...

LA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law) with Complete Solutions 100% VerifiedLA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law) with Complete Solutions 100% VerifiedLA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law) with Complete Solutions 100% VerifiedLA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law) with Complete Solutions 100% Verified Resident License - ANSWER-Before issuing a claims adjuster lic...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Florida 6-20 All Lines Claims Adjuster Test 2023 Questions and Answers (Verified Answers) Florida 6-20 All Lines Claims Adjuster Test 2023 Questions and Answers (Verified Answers)

State Farm Certification Claims Adjuster Exam With 100% Correct And Verified Answers 2024