Fl adjuster - Study guides, Class notes & Summaries

Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. CORRECT ANSWER (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then appraised value of] $60,000. Two weeks ago they had a st...

FL Adjuster Practice Test Questions and Complete Solutions.

FL Adjuster Practice Test Exam (245 Questions with Correct Answers) Graded A+.FL Adjuster Practice Test Exam (245 Questions with Correct Answers) Graded A+.

FL ADJUSTER PRACTICE TEST QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

FL Adjuster Practice Test Exam (245 Questions with Correct Answers) Graded A+.

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...

FL All Lines Claims Adjuster. exam 2023 with 100% correct answers

What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP? - ANSWER 25% or less of floor space is available to the general public, and less than 25% of gross income may come from retail sales. The first step in the claim process is to - ANSWER Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - ANSWER 90 Jerome was shopping at ABC Imports when a light fixture fell from the ceiling and hit him on ...

1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests on worki...

FL Adjusters License Practice Exams 2023 Well Solved And Graded A+ Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. ANS-(B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then...