Nc adjuster exam - Study guides, Class notes & Summaries

NC Adjuster Exam With Verified Solutions 2024 Utmost Good Faith - Answer -Both parties must act honest and openly in order for the contract to be valid. Adhesion - Answer -One party sets the terms for the contract; the other party may simply agree or disagree Unilateral - Answer -Only the insurer makes a promise to act; the insured can void contract at any time. Personal - Answer -The insured person is protected from loses not the personal property. Conditional - Answer -The insurer must...

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NC CLAIMS ADJUSTER EXAM STUDY

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Robbery involves all of the following, EXCEPT: A. The presence of the insured B. Criminal intent C. A threat of violence D. Burglary - Correct Answer D. Burglary Under the "Loss Sustained" Crime Insurance form, there is coverage while the policy is in force and for up to: A. 6 months after the policy expires B. One year after the policy expires C. 60 days after the policy expires D. 30 days after the policy expires - Correct Answer B. One year after the policy expires Crime i...

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