Fl adjuster practice test - Study guides, Class notes & Summaries

FL Adjusters License test bank Exams verified answer 2023Which 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. (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then appraise...

Florida Adjuster Licensing test bank Exam correctly answered 2023A claim in the property/casualty industry Is defined as: an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages when you purchase insurance, you are buying: peace of mind that if an insured event does occur, that the insurance company will keep its promise and provide the financial protection that you purchased ...

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 the he...

FL Adjuster Practice Test Questions and Answers

FL Adjuster practice test with correct Answers.

What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP? - 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 - Determining time and cost of repairs In Florida, an insurer has ___ days to pay or deny a claim. - 90 Jerome was shopping at ABC Imports when a light fixture fell from the ceiling and hit him on the head. Jerome's injuries r...

Module 4.44 Test For Florida Claims 2024 With Verified Answers 1]A claim in the property/casualty industry Is defined as: - ANSWER an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages 2] when you purchase insurance, you are buying: - ANSWER peace of mind that if an insured event does occur, that the insurance company will keep its promise and provide the financial protection...

FL Adjusters License Practice Exams Test with all answers correct 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. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. Assume that five years ago a couple insured their home for [its then appraised value of] $60,000. Two weeks ago they had a stove fire resulting in an estimated loss of $15,000 for r...