La claims adjuster - Study guides, Class notes & Summaries

nsurable Interest - ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms - ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confuse the "cause of loss" forms with the "proof of loss" form, which...

A single Declarations page common to all coverages A single conditions section common to all coverages - A commercial package policy always includes Send the insured a reservation of rights letter - If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person - The basic limit for coverage F-medical payments of the standard homeowners form is normally

A single Declarations page common to all coverages A single conditions section common to all coverages - A commercial package policy always includes Send the insured a reservation of rights letter - If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person - The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 - The CGL provides up to ___per day for loss of earnings as a supplementary payment...

Insurable Interest ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. Cause of Loss Forms ____establish and define the causes of loss (or perils) for which coverage is provided under the form. (Please do not confuse the "cause of loss" forms with the "proof of loss" form, whic...

LA Claims Adjuster Property And Causality Exam (Louisiana Adjuster Law) Questions And Answers Rated A+ LA Claims Adjuster Property And Causality Exam (Louisiana Adjuster Law) Questions And Answers Rated A+

A single Declarations page common to all coverages A single conditions section common to all coverages CORRECT ANSWER A commercial package policy always includes Send the insured a reservation of rights letter CORRECT ANSWER If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person CORRECT ANSWER The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 CORRECT ANSWER The CGL provides up to ___per...

LA Claims Adjuster Property and Causality Practice Exam 2 with Complete SolutionsLA Claims Adjuster Property and Causality Practice Exam 2 with Complete SolutionsLA Claims Adjuster Property and Causality Practice Exam 2 with Complete Solutions A single Declarations page common to all coverages A single conditions section common to all coverages - ANSWER-A commercial package policy always includes Send the insured a reservation of rights letter - ANSWER-If the insured fails to report claim i...

A single Declarations page common to all coverages A single conditions section common to all coverages A commercial package policy always includes Send the insured a reservation of rights letter If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 The CGL provides up to ___per day for loss of earnings as a supplementary payment Was made for ...

Adjusters Authority - An agent's authority can bind. ● What the agent says or does can bind the insurer Agent's Responsibilities - 1. Adhere to or follow the contract 2. Use reasonable judgment and care at all times 3. Provide all necessary information and documentation to the insurer Express Authority - Authority that is directly granted to the agent in writing via the agent's contract

LA Claims Adjuster - Beginners Guide - Part 2 (- Hazards & Fraud - Causes & Losses - Interests, Claims & Subrogation - Valuation, Deductibles & Coinsurance) Qs & As!!