Brainywizard

An employee you are managing has not been performing well lately. During a conversation, she states " I don't know whats going on. I suppose I lack the confidence that ill go a good job, so I am afraid to try." What aspect of expectancy theory best captures you employees's problem? - Expectancy Theory Key Expectancy Theory Variables - Expectancy: Will my effort lead to high performance? (effort performance relationship) Instrumentality: What work outcomes will be received as a resu...

An employee you are managing has not been performing well lately. During a conversation, she states " I don't know whats going on. I suppose I lack the confidence that ill go a good job, so I am afraid to try." What aspect of expectancy theory best captures you employees's problem? - Expectancy Theory Key Expectancy Theory Variables - Expectancy: Will my effort lead to high performance? (effort performance relationship) Instrumentality: What work outcomes will be received as a resu...

A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - We have 6 months to reach a final settlement with you. Janelle has just graduated college and is interested in becoming an adjuster. she would like to be able to handle any type of claim. The most comprehensive type of license would be: - All-Lines Jack and Rebecca own a vacation ho...

Define Accident - An unforeseen, unintended even; something unexpected Define Additional Living Expenses - Extra charges covered by homeowner's policies over and above the policyholder's customary living expenses due to damage by a covered peril that makes the home temporarily uninhabitable. Define Actual Cash Value - The value of your property, based on the current cost to replace it minus depreciation. Define Adjuster - A person who investigates and settles insurance cla...

Accumulated Depreciation - The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - The 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. Actual Cash Value (ACV) - A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Form...

DP - valuation - DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - 20% of A DP - coverages (A-E) - A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - DP-1 - 5 days DP-2 - 30 days DP - limit for trees/plants/shrubs - 5% of A $5...

All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who have a certificate of completion showing that within the past 12 months the applicant has completed a certified adjuster prelicensing education program and passed the state examination. - B. A perso...

In order to become a licensed Insurance Adjuster in the state of TX, an individual must be_______________ yrs old. - 18 The Texas All Lines Adjuster License can only be held by residents of TX? T or F - False List type of Insurance Adjuster Licenses available in Texas: - 1. All Lines 2. Work Comp 3. Surety 4. Casualty & Property 5. Public Adjuster The TX All Lines Insurance Adjuster License is valid for 2 yrs, and subject to Continue Ed requirements set forth by TDI. T or F...

Accumulated Depresciation - The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - An item's current market value right before being damaged or destroyed. Formula: (Replacement Cost-Accumulated Depreciation) Adhesion - One of the characteristics of an insurance contract. One party sets the terms and the other party can "take it or leave". Adjusted Gross Revenue (Crop Insurance) - Na...

insurance - financial took that protects individual and organizations from unforeseen and extraordinary financial losses by transferring risk to another party insured - individual or organization that pays premiums in exchange for protection insurer - company, group, or government agency offering financial protection how does insurance work? - insured pays premium insurer promises to pay for specific losses if they occur insurer's promise gives peace of mind to insure...