AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct 2024
AIC 300 - Claims in an Evolving World Questions and Answers Solved 100% Correct 2024 B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Correct Answer Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. D. Subpoenaed. Any written claims communication may be subpoenaed. - Correct Answer As methods of communication evolve, it's important for claims professionals to remember that any written claims communication may be Select one: A. Replaced with verbal communication. B. Misinterpreted. C. Edited later. D. Subpoenaed. D. An insured's negotiations with the insurer on a complex claim are not going well. If a claim is complex, or if settlement negotiations are not progressing with the insurer, the insured may hire a public adjuster to protect his or her interests. - Correct Answer In which one of the following scenarios is a public adjuster most likely to become involved? Select one: A. An insurer finds it financially unfeasible to hire its own claims staff in a given state. B. An insured is unable to afford legal representation to contest a claim. C. A catastrophic disaster strikes, involving damage to many properties.
Written for
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- AIC 300
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- AIC 300
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- Uploaded on
- January 12, 2024
- Number of pages
- 39
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- 2023/2024
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- Exam (elaborations)
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insurers usually send denial letters select one
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as methods of communication evolve its important
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in which one of the following scenarios is a publi
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which one of the following statements regarding th
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