Umpire definitions - Study guides, Class notes & Summaries

1 PROPERTY AND CASUALTY REVIEW EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ A unique exclusion that is found only in the Fine Art Floater is: Correct Answer: Art on Exhibition (Due to most frequent thefts during gallery showings) Which section of a Special form policy determines whether a peril is covered? Correct Answer: Exclusions New zoning laws prevent an Insured from replacing a destroyed property. If the Insured transfers ownership of the property to the ...

Florida 6-20 All Lines Adjuster Test Questions and Answers 100% Pass According to the Business Auto definitions, an "accident": A. Includes continuous or repeated exposure to the same conditions. B. Must be sudden and unexpected. C. Must be unexpected and unpreventable. D. Is any event that causes injury or damage. {{Correct Ans- A. Includes continuous or repeated exposure to the same conditions. Joseph Young, who is insured under a Business Auto policy, is involved in an accident. He ...

Florida 6-20 All Lines Adjuster Test 276 - Questions & Answers (RATED A+) BEST VERSION 2023 A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above States have adopted statutes regarding claims adjusting. To avoid unfair treatment to a cl...

Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - ANSWER-The deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or des...

A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - ANSWER-B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - ANSWER-A. Field Report States have adopted statutes regarding claims adjusting. To avoid unfair treatment to a claimant the adjuster must not: A. Prompt...

NFHS Football Rules - Mostly Definitions – Correctly laid out Questions and Answers 2023 Graded A+ 100% What is the object of the game? - CORRECT ANSWER-One team to carry or pass the ball across the opponents goal line or to kick the ball through the opponents goal by place kick or drop kick. Game is won by team that accumulates the most points (1-1-1) What are the dimensions of the playing field? - CORRECT ANSWER-360 by 160 feet (1-1-2) How many players are needed to start a game? - CO...

Chapter 1: Property vs Casualty: What is considered property? - Answer Structure & Personal Property Property vs Casualty: What is considered casualty? - Answer Non-property losses. Legal liability to others. 3rd Party. Casualty insurance means that the policy includes liability (accountability or responsibility) coverages to help protect you if you're found legally responsible for an accident that causes injuries to another person or damage another persons belongings. Property and casual...

PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS 1. Specific insur- ance 2. Blanket insur- ance This type of insurance designates a particular item to be insured This type of insurance covers more than one item of property at a single location or one more items of prop- erty at multiple locations. 3. Speculative possibility of both gain and loss. Not insurable. 4. Pure only the possibility of loss. Insurable. 5. What are the 5 methods of man- aging or handling risk? avo...

State Farm License Exam 2023/2024 When will the license expire? What should you do after? - It will be expired 2 years after the date of issue. - The agent must complete a 30 hours course every 2 years to renew expiring license. - A person who continuously having license for 20 years are exempt from continuing education requirements. Can you apply to renew late? - Yes, you have up to 90 days to send in a late renewal application. U will just have to pay a late fee. - After 90 days ...

FLORIDA 6-20 ALL LINES ADJUSTER EXAM TEST QUESTIONS A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - CORRECT ANSWER-B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - CORRECT ANSWER-A. Field Report States have adopted statutes regarding claims adjusting. To av...