LA Claims Adjuster Property and Causality Practice Exam 2 questions with correct answers

A single Declarations page common to all coverages A single conditions section common to all coverages CORRECT ANSWER A commercial package policy always includes Send the insured a reservation of rights letter CORRECT ANSWER If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person CORRECT ANSWER The basic limit for coverage F-medical payments of the standard homeowners form is normally $250 CORRECT ANSWER The CGL provides up to ___per day for loss of earnings as a supplementary payment Was made for the benefit of the insurance company and does not warrant the insureds compliance with all laws and regulations CORRECT ANSWER The insurance company chooses to inspect the insureds premises, the insurance inspection: 60 days. CORRECT ANSWER When is loss payable under LA standard fire policy? 30 days CORRECT ANSWER When an insurer has received a completed satisfactory proof of loss, how many days does the insurer have to pay the loss