Florida Claims Adjuster Exam | 206 Questions with
100% Correct Answers | 186 Pages
100% Correct 100
Incorrect 0
1 of 206
Term
Crime Insurance is _________ over any other Insurance coverage.
A. Primary
B.Secondary
C. Excess
D.Recess
A. Hospitalization Expense
Associated with a daily limit, not to exceed specified maximum
B.Salvage
Efficient disposal of salvage reduces amount of loss to either insured or insurer
, C. Excess
A situation may arise where another form of insurance will pay claim - that
insurance would be primary.
D. Apprentice
Contract - fulfill obligation
Fiduciary - make good to court for any deficiencies found in performance
Court - protect opposing party from loss
2 of 206
Term
Charging an applicant for a specific ancillary coverage or product,
in addition to the cost of the insurance coverage provided for,
without the informed consent of the applicant is a practice of:
A. Churning
B.Sliding
C. Soliciting
D. None of the Above
B. 3 B. Sliding
A. Advanced Payment A. Bid
,
, 3 of 206
Term
A General Lines Claim Adjuster is required to obtain the same
number of Continuing Education hours as a licensed Customer
Service Representative.
A. True
B. False
A. The Discovery Period
B. False
B. Lost Instrument Bond
Also guarantees to save issuer from any loss growing out of lost instrument
D. All listed interests
Remember that the insurer is not responsible to know the degrees of interest. In
the event of a loss, one payment is made by the insurer and it is up to the
additional interests on working out their share.
100% Correct Answers | 186 Pages
100% Correct 100
Incorrect 0
1 of 206
Term
Crime Insurance is _________ over any other Insurance coverage.
A. Primary
B.Secondary
C. Excess
D.Recess
A. Hospitalization Expense
Associated with a daily limit, not to exceed specified maximum
B.Salvage
Efficient disposal of salvage reduces amount of loss to either insured or insurer
, C. Excess
A situation may arise where another form of insurance will pay claim - that
insurance would be primary.
D. Apprentice
Contract - fulfill obligation
Fiduciary - make good to court for any deficiencies found in performance
Court - protect opposing party from loss
2 of 206
Term
Charging an applicant for a specific ancillary coverage or product,
in addition to the cost of the insurance coverage provided for,
without the informed consent of the applicant is a practice of:
A. Churning
B.Sliding
C. Soliciting
D. None of the Above
B. 3 B. Sliding
A. Advanced Payment A. Bid
,
, 3 of 206
Term
A General Lines Claim Adjuster is required to obtain the same
number of Continuing Education hours as a licensed Customer
Service Representative.
A. True
B. False
A. The Discovery Period
B. False
B. Lost Instrument Bond
Also guarantees to save issuer from any loss growing out of lost instrument
D. All listed interests
Remember that the insurer is not responsible to know the degrees of interest. In
the event of a loss, one payment is made by the insurer and it is up to the
additional interests on working out their share.
