WebCE FL Adjuster Test with all Correct & 100% Verified
Answers |Actual Complete Update |Already Graded A+
Adjuster moves states, how long to notify dept of financial services? ✔Correct Answer-30
days
Vacant or unoccupied house is vandalized, will property insurance cover it? ✔Correct Answer-
No, policy reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factors ✔Correct Answer-Physical
deterioration, functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks the ✔Correct Answer-Conditional
contract of the policy
Adjusters keep complete and accurate claim files for these reasons: ✔Correct Answer-Record
activities that occur during adjustment, permit others to service the claim if the adjuster is
unavailable, support denial of the claim
What is the role of a primary care physician (PCP) in managed care plans? ✔Correct Answer-
Coordinate member's health care treatment and access to medical specialists in the network
Individual short term disability plans pay up to ✔Correct Answer-2 years
In which case would the applicant be eligible for coverage through an insurer in the residual
insurance market ✔Correct Answer-The applicant is entitled to insurance but cannot buy it
through the voluntary market.
Failing to promptly settle a claim for which liability is uncertain is not an ✔Correct Answer-
Unfair claims settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named
insured for how many months ✔Correct Answer-6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money
in another country it must have ✔Correct Answer-A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy
used in most stated? ✔Correct Answer-National Workers Compensation Organization
compulsory no-fault laws ✔Correct Answer-State laws that restrict an injured party's right to
sue another driver under tort law until a specific threshold of damages is surpassed
Answers |Actual Complete Update |Already Graded A+
Adjuster moves states, how long to notify dept of financial services? ✔Correct Answer-30
days
Vacant or unoccupied house is vandalized, will property insurance cover it? ✔Correct Answer-
No, policy reduces coverage if the building is vacant or unoccupied for 60 days
When considering depreciation, adjusters consider these factors ✔Correct Answer-Physical
deterioration, functional obsolescence, and future life expectancy
Not reporting a claim within the policy timeframe breaks the ✔Correct Answer-Conditional
contract of the policy
Adjusters keep complete and accurate claim files for these reasons: ✔Correct Answer-Record
activities that occur during adjustment, permit others to service the claim if the adjuster is
unavailable, support denial of the claim
What is the role of a primary care physician (PCP) in managed care plans? ✔Correct Answer-
Coordinate member's health care treatment and access to medical specialists in the network
Individual short term disability plans pay up to ✔Correct Answer-2 years
In which case would the applicant be eligible for coverage through an insurer in the residual
insurance market ✔Correct Answer-The applicant is entitled to insurance but cannot buy it
through the voluntary market.
Failing to promptly settle a claim for which liability is uncertain is not an ✔Correct Answer-
Unfair claims settlement practice
PAP allows a leased vehicle to be on the declaration list of a policy if it is leased to the named
insured for how many months ✔Correct Answer-6 months
If a bank's counterfeit money insuring agreement covers a loss for accepting counterfeit money
in another country it must have ✔Correct Answer-A branch office in that country
What organization developed a standard workers comp and employers liability insurance policy
used in most stated? ✔Correct Answer-National Workers Compensation Organization
compulsory no-fault laws ✔Correct Answer-State laws that restrict an injured party's right to
sue another driver under tort law until a specific threshold of damages is surpassed
