Florida Adjuster Licensing
Practice Exam 100% ACCURATE
A claim in the property/casualty industry Is defined as: - ANSWER an assertion of an alleged legal right
against a person, entity, company or insurer that carries with it a demand for money as compensation for
injuries or damages
when you purchase insurance, you are buying: - ANSWER peace of mind that if an insured event does
occur, that the insurance company will keep its promise and provide the financial protection that you
purchased
in today's society, the most important factor in the purchase of insurance is: - ANSWER trust
One of the most important claim handling goals of an insurance company is: - ANSWER to help those
who have been injured or who have suffered loss for which the insured is responsible, while at the same
time minimizing loss for the insured party and carrier
what is the primary difference between a company employee adjuster and an independent adjuster -
ANSWER a company employee adjuster works for an insurance company and an independent adjuster
works independently for themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - ANSWER the adjuster represents, and controls, the
property and financial interests of the client to whom he/she owes a high degree of loyalty and good
faith
the basic and primary functions of an adjuster are: - ANSWER investigating, evaluating, reporting,
negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education requirement. What is that
adjuster's compliance requirement in order to retain a license? - ANSWER an adjuster must complete 24
Practice Exam 100% ACCURATE
A claim in the property/casualty industry Is defined as: - ANSWER an assertion of an alleged legal right
against a person, entity, company or insurer that carries with it a demand for money as compensation for
injuries or damages
when you purchase insurance, you are buying: - ANSWER peace of mind that if an insured event does
occur, that the insurance company will keep its promise and provide the financial protection that you
purchased
in today's society, the most important factor in the purchase of insurance is: - ANSWER trust
One of the most important claim handling goals of an insurance company is: - ANSWER to help those
who have been injured or who have suffered loss for which the insured is responsible, while at the same
time minimizing loss for the insured party and carrier
what is the primary difference between a company employee adjuster and an independent adjuster -
ANSWER a company employee adjuster works for an insurance company and an independent adjuster
works independently for themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - ANSWER the adjuster represents, and controls, the
property and financial interests of the client to whom he/she owes a high degree of loyalty and good
faith
the basic and primary functions of an adjuster are: - ANSWER investigating, evaluating, reporting,
negotiating and disposing of claims
once an adjuster is licensed, he or she must maintain a continuing education requirement. What is that
adjuster's compliance requirement in order to retain a license? - ANSWER an adjuster must complete 24
