Adjuster pro section 6 - Study guides, Class notes & Summaries
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Adjuster Pro - Insurance adjuster test latest 2023 already passed
- Exam (elaborations) • 31 pages • 2023
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Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss 
what is a premium a scheduled amount to be paid for an insurance policy. 
What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims of a few. 
what is Ind...
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ADJUSTER PRO - INSURANCE ADJUSTER TEST(QUESTIONS AND REVIEWED ANSWERS) 2023-2024
- Exam (elaborations) • 14 pages • 2023
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ADJUSTER PRO - INSURANCE 
ADJUSTER TEST(QUESTIONS AND 
REVIEWED ANSWERS) 2023-2024 
What is insurance? - CORRECT ANSWER-protection against financial loss 
what is a premium - CORRECT ANSWER-a scheduled amount to be paid for an 
insurance policy. 
What are premiums used for - CORRECT ANSWER-premiums are collected into a 
"pool" or "reserve to pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - 
CORRECT ANSWER-the insurer collect...
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Adjuster Pro Section-6 Questions and Answers 100% Correct
- Exam (elaborations) • 8 pages • 2023
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Adjuster Pro Section-6 Questions and Answers 100% CorrectAdjuster Pro Section-6 Questions and Answers 100% CorrectAdjuster Pro Section-6 Questions and Answers 100% CorrectAdjuster Pro Section-6 Questions and Answers 100% CorrectAdjuster Pro Section-6 Questions and Answers 100% Correct 
 
Adjuster's Ethical SItuation - ANSWER--Adjuster make frequent decisions involving larger amounts of money 
-Adjusters should always determine a fair and equitable settlement that abides by the insurance contrac...
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Adjuster Pro Section-6 WITH 100- CORRECT ANSWERS 2024
- Exam (elaborations) • 19 pages • 2024
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Adjuster's Ethical SItuation 
-Adjuster make frequent decisions involving larger amounts of money 
-Adjusters should always determine a fair and equitable settlement that abides by the insurance contract 
 
 
 
Inducement 
An action, item, or promise made to someone to motivate them toward certain desired actions 
 
 
 
 
Consequences for Accepting Inducements 
-Losing license 
-Reputation Loss 
-Lawsuits 
-Jail time 
 
 
 
Kickbacks 
Money or favors offered to the adjuster in exchange for refe...
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Adjuster Pro - Insurance adjuster test latest 2024 already passed
- Exam (elaborations) • 15 pages • 2024
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Adjuster Pro - Insurance adjuster test latest 
2024 already passed 
What is insurance? - Answer ️️ -protection against financial loss 
what is a premium - Answer ️️ -a scheduled amount to be paid for an insurance policy. 
What are premiums used for - Answer ️️ -premiums are collected into a "pool" or "reserve to 
pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - Answer ️️ - 
the insurer collects premiums from all ...
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Adjuster Pro Section-6/70 Complete Questions and Answers 2023
- Exam (elaborations) • 9 pages • 2023
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Adjuster Pro Section-6/70 Complete Questions and Answers 2023
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Adjuster Pro - Insurance adjuster test Questions And Answers
- Exam (elaborations) • 13 pages • 2024
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Adjuster Pro - Insurance adjuster test Questions And Answers 
 
What is insurance? - ANS protection against financial loss 
 
what is a premium - ANS a scheduled amount to be paid for an insurance policy. 
 
What are premiums used for - ANS premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
 
how can insurance companies afford to pay for an individual's catastrophic loss? - ANS the insurer collects premiums from all policyholders and uses them to...
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Adjuster Pro - Insurance adjuster test latest 2024 already passed
- Exam (elaborations) • 15 pages • 2024
- Available in package deal
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- $12.49
- + learn more
Adjuster Pro - Insurance adjuster test latest 
2024 already passed 
What is insurance? - Answer ️️ -protection against financial loss 
what is a premium - Answer ️️ -a scheduled amount to be paid for an insurance policy. 
What are premiums used for - Answer ️️ -premiums are collected into a "pool" or "reserve to 
pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? - Answer ️️ - 
the insurer collects premiums from all ...
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Adjuster Pro - Insurance adjuster test| 154QUESTIONS(WELL ANSWERED)| 13 PAGES
- Exam (elaborations) • 13 pages • 2024
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Adjuster Pro - Insurance adjuster test| 154QUESTIONS(WELL ANSWERED)| 13 PAGES 
What is insurance? Correct Answer:protection against financial loss 
what is a premium Correct Answer:a scheduled amount to be paid for an insurance policy. 
What are premiums used for Correct Answer:premiums are collected into a "pool" or "reserveto pay out claimants when needed. 
how can insurance companies afford to pay for an individuals catastrophic loss? Correct Answer:the insurer collects premiums from all p...
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Adjuster Pro - Indiana - Chapter 6 - Section E Insurance Rules and Regulations Exam with Complete Solutions
- Exam (elaborations) • 5 pages • 2023
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Adjuster Pro - Indiana - Chapter 6 - Section E Insurance Rules and Regulations Exam with Complete SolutionsAdjuster Pro - Indiana - Chapter 6 - Section E Insurance Rules and Regulations Exam with Complete SolutionsAdjuster Pro - Indiana - Chapter 6 - Section E Insurance Rules and Regulations Exam with Complete SolutionsNational association of insurance commissioners (NAIC) - ANSWER - non-profit 
drafts model legislation to address emerging problems in the industry 
helps keep state laws uniform ...
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