CT Auto Adjusters Test Questions and Answers 100% Pass

CT Auto Adjusters Test Questions and
Answers 100% Pass


Peril -

CORRECT ANSWER: the cause of the loss




QUESTION: Common Law -

CORRECT ANSWER: Law established through court cases and

customs




QUESTION: Hazard -

CORRECT ANSWER: Increases the likelihood of loss




QUESTION: Waiver -

CORRECT ANSWER: Voluntary surrend of the right, claim, or

privilege

, QUESTION: If no policy is to be found, the adjuster? -

CORRECT ANSWER: Stops the investigation




QUESTION: Concealment -

CORRECT ANSWER: The withholding or hiding of information




QUESTION: Representation -

CORRECT ANSWER: A statement assumed to be true




QUESTION: Morale Hazard -

CORRECT ANSWER: Carelessness




QUESTION: Moral Hazard -

CORRECT ANSWER: Fraudulent/Deliberate