Adjuster staff - Study guides, Class notes & Summaries

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AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct!! Popular
  • AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct!!

  • Exam (elaborations) • 39 pages • 2023
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  • B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. D. Subpoenaed. Any written claims communication may be subpoenaed. - As methods of communication evolve, it's important for claims professio...
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SC Property, Casualty, Surety, Marine Exam Questions & Answers 100% Answered!! Popular
  • SC Property, Casualty, Surety, Marine Exam Questions & Answers 100% Answered!!

  • Exam (elaborations) • 22 pages • 2024 Popular
  • Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe 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. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged or...
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Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed
  • Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed

  • Exam (elaborations) • 107 pages • 2024
  • Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed Which of the following professional liability policies would also cover bodily injury damages? Architects and Engineers E&O Insurance agents E&O Lawyers E&O Fiduciary Legal Liability Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is known as a/an: independent adjuster spe...
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AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct 2024
  • AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct 2024

  • Exam (elaborations) • 39 pages • 2024
  • AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct 2024 B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Correct Answer Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. D. Subpoenaed. Any written claims c...
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SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!
  • SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!

  • Exam (elaborations) • 22 pages • 2024
  • SC Property, Casualty, Surety, Marine Exam Questions and Answers 100% Answered!!Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe 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. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by...
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 USAA Licensing Exam Verified Questions And Answers 2024
  • USAA Licensing Exam Verified Questions And Answers 2024

  • Exam (elaborations) • 19 pages • 2023
  • Insurance - Transfer of risk from one person or organization to an insurance company Indemnity - The principle to restore the insured to the pre-loss economic or financial condition. Law of Large numbers - Mathematical principle used by insurers to predict losses to charge the appropriate premiums Insurable Interest - Proof that someone stands to lose financially if a loss occurs; must exist at the time of the loss in property and casualty insurance Binder - Temporary insurance contr...
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NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct)
  • NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct)

  • Exam (elaborations) • 11 pages • 2024
  • NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) Which section of an insurance policy contains language to assist an insurance company in managing morale and moral hazards - ANSWER - The exclusions The funds assessed to be deposited into the NY Special Disability Fund are deposited with? - ANSWER - The Commissioner of Taxation and Fin...
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TEST FOR ADJUSTER PRO, FLORIDA  STUDY(QUESTIONS AND ANSWERS)A+  GRADED EXAM 2023-2024
  • TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024

  • Exam (elaborations) • 98 pages • 2023
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  • TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking on...
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Louisiana Claims Adjuster's Workers Comp License Study Guide With Complete Solution
  • Louisiana Claims Adjuster's Workers Comp License Study Guide With Complete Solution

  • Exam (elaborations) • 13 pages • 2023
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  • Accident Insurance - Answer Covers expenses associated with a covered accident and can extend to ambulance and emergency room expenses, intensive care, and hospital costs. Accident insurance also provides for loss of income, and a death benefit if injuries prove fatal. Accumulated Depreciation - Answer The total decrease in an item's value over a period of time. Formula: (annual depreciation x number of years used). Subtract this number from the item's replacement cost to get its actua...
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Texas Adjuster Pro Final Exam And Answers Already Passed 2024.
  • Texas Adjuster Pro Final Exam And Answers Already Passed 2024.

  • Exam (elaborations) • 2 pages • 2024
  • Adjuster - Answer any person who, as an independent contractor, or as an employee of an independent contractor; adjustment bureau; association; insurance company or corporation; local recording agent; managing general agent; or self-insured, investigates or adjusts losses on behalf of either an insurer or a self insured, or any person who supervises the handling of claims." Staff Adjusters - Answer are on the payroll of an insurance company and are paid a salary or by the hour. These a...
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