Ga claims adjuster test - Study guides, Class notes & Summaries
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GA Claims Adjuster Test Questions And Answers With Verified Study Quiz
- Exam (elaborations) • 5 pages • 2024
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GA Claims Adjuster Test Questions And Answers With Verified Study Quiz 
 
GA Claims Adjuster Test Questions And Answers With Verified Study Quiz
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GA Claims Adjuster Test Terms with correct definitions
- Exam (elaborations) • 15 pages • 2023
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Risk 
In the insurance industry, risk can have two meanings: 1) the potential for financial loss; being exposed or open to damage, 2) an insured item. 
 
 
 
Risk Avoidance 
Insurers' practice of denying insurance applications that they believe would involve an inordinate amount of risk. 
 
 
 
 
 
 
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Risk Management 
Measures taken by an insurance company to ensure that their exposure is not too high and to control the effect of a loss; for example, an insurer might charge highe...
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