LA Claims Adjuster Property and Causality Practice Exam 2 100%Correct

A single Declarations page common to all coverages A single conditions section common to all coverages - ANSWERSA commercial package policy always includes Send the insured a reservation of rights letter - ANSWERSIf the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person - ANSWERSThe basic limit for coverage F-medical payments of the standard homeowners form is normally $250 - ANSWERSThe 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 - ANSWERSThe insurance company chooses to inspect the insureds premises, the insurance inspection: 60 days. - ANSWERSWhen is loss payable under LA standard fire policy? 30 days - ANSWERSWhen an insurer has received a completed satisfactory proof of loss, how many days does the insurer have to pay the loss