Louisiana pc adjuster - Study guides, Class notes & Summaries

The one who receives the authority to act on behalf of someone else? Agent what does a sale's agent receive authority for? to sell An insurance agent receives authority to what? Settle claims brought against the insurer How do agents receive their authority? written contract What is the power to bind? an agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or do -even if insure makes mistakes, the insurer may hav...

The one who receives the authority to act on behalf of someone else? - ANSWERSAgent what does a sale's agent receive authority for? - ANSWERSto sell An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer How do agents receive their authority? - ANSWERSwritten contract What is the power to bind? - ANSWERSan agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

Louisiana P&C Adjuster Exam Prep Questions With 100% Correct!!

LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT LOUISIANA P&C STATE EXAMINATION QUESTIONS & ANSWERS 100% CORRECT . A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what...

LOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECTLOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECTLOUISIANA P&C STATE EXAMINATION QUESTIONS AND ANSWERS 100% CORRECT . A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - ANSWER-Uniform business entity application These required steps below represent what type of adjustor's license application? * *An adjust...

Louisiana P&C Adjuster Exam Prep questions and answers

The one who receives the authority to act on behalf of someone else? - ANSWERSAgent what does a sale's agent receive authority for? - ANSWERSto sell An insurance agent receives authority to what? - ANSWERSSettle claims brought against the insurer How do agents receive their authority? - ANSWERSwritten contract What is the power to bind? - ANSWERSan agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

What are the four requirements of a legally binding contract? Agreement, consideration, competent parties, legal purpose Jim applied for a homeowners policy with his agent, who gave him immediate temporary coverage. However, after checking Jim's background information, his agent discovers that Jim has been convicted of arson, so she declines his application. Which of the following best describes Jim's failure to mention his conviction during the application process? Concealment When an i...

The one who receives the authority to act on behalf of someone else? - ANSWER-Agent what does a sale's agent receive authority for? - ANSWER-to sell An insurance agent receives authority to what? - ANSWER-Settle claims brought against the insurer How do agents receive their authority? - ANSWER-written contract What is the power to bind? - ANSWER-an agent's authority can bind: -what an agent says or does can bind insurer -agents should take the utmost care in what they say or d...

A business entity acting as a claims adjuster is required to obtain a claims adjuster license. Application shall be made using what application? - Answer Uniform business entity application These required steps below represent what type of adjustor's license application? * *An adjuster seeking what type of License** (1) Is eligible to designate this state as his home state or is a nonresident who is not eligible for a license (2) Has not committed any act that is a ground for ...