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FLORIDA CLAIMS ADJUSTER EXAM QUIZ WITH CORRECT ANSWERS

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FLORIDA CLAIMS ADJUSTER EXAM QUIZ WITH CORRECT ANSWERS Insurance - CORRECT ANSWER-transfer of risk by contract to insurers who agree to indemnify insureds for losses Risk - CORRECT ANSWER-chance of loss pure risk - CORRECT ANSWER-only outcomes are loss or no loss personal risk - CORRECT ANSWER-premature death, insufficient income, poor health, unemployment property risk - CORRECT ANSWER-loss of real property or personal property (on the land not the land itself) Liability risk - COR...

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  • uploaded  06-12-2023
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6-20 FLORIDA CLAIMS ADJUSTER REVIEWED QUESTION AND ANSWER

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6-20 FLORIDA CLAIMS ADJUSTER REVIEWED QUESTION AND ANSWER The following are basic characteristics of a property or liability insurance contract, EXCEPT: A. Personal Contract B. Conditional Contract C. Loss Settlement Contract D. Contract of Adhesion - CORRECT ANSWER-C. Loss Settlement Contract The Insurers responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss, to protect the property against further loss, and to gi...

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  • uploaded  06-12-2023
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