Florida Claims Adjuster Exam Most Recent Exam 2025/2026
Actual Complete Real Exam Questions And Correct Answers
(Verified Answers) Already Graded A+ / Newest Exam / Just
Released!!
When a person has lost stock certificates, bonds or similar
instruments, a bond is generally required by the issuing
company to reissue the document. This is known as a:
A. Public Official Bond
B. Lost Instrument Bond
C. Public Instrument Bond
D. None of the Above - ANSWER-B. Lost Instrument Bond
Also guarantees to save issuer from any loss growing out of
lost instrument
A __________ is a selected group of hospitals and medical
practitioners in a
given area who have joined together in an effort to reduce
medical costs.
A. HMO
B. Major Medical Insurance
C. Coinsurance
D. PPO - ANSWER-D. PPO
Most plans provide that emergency treatment will be paid even
if treated party does not go to service provider on approved list.
,Define the coverage that pays a flat amount per day for
hospitalization, regardless of expenses or other insurance:
A. Hospitilization
B. Hospital Indemnity
C. Hospital Services
D. All of the Above - ANSWER-B. Hospital Indemnity
This optional provision states that if the insured becomes
totally disabled, premiums are waived but the coverage remains
in force:
A. Waiver of Subrogation
B. Waiver of Premium
C. Waiver of Value
D. None of the Above - ANSWER-B. Waiver of Premium
"premiums are waived"
Provides coverage for expenses, including loss of income,
arising from an accident. This is defined as?
A. Accident Insurance
B. Hospitilization
C. Hospital Pay
D. None of the Above - ANSWER-A. Accident Insurance
Typical exclusions would be: hernia, war, disease and bacterial
infections, suicide attempts, air travel injuries, accidents while
committing felony, accidents while under the influence
This type of provision states the insurer can refuse to renew
the policy only under certain conditions. The policy must state
,the conditions under which the policy will not be renewed. This
is defined as?
A. Conditionally Renewable
B. Guaranteed Renewable
C. Optionally Renewable
D. None of the Above - ANSWER-A. Conditionally Renewable vs.
Optionally: company may not cancel during term but
reserves right to nonrenew upon expiration
vs. Guaranteed: insurer required to renew policy at stated age
(typically 65); company reserves right to increase premium
The coverage that is intended to afford protection against
catastrophic losses is
defined
as?
A. Major
Medical
B.
HMO
C.
PPO
D. None of the Above - ANSWER-A. Major
Medical
Some forms designed to supplement basic policies; others
provide both basic
and catastrophic
coverage
, A policy may contain a provision which states a period of time
between issuance and acceptance before sickness benefits
begin. This is defined as:
A. Waiting Period
B. Elimination Period
C. Both A & B
D. None of the Above - ANSWER-C. Both A & B
This helps keep premiums reasonable by eliminating chance of
persons buying coverage only when they are sick
Characteristics of an HMO plan usually include:
A. Small of non-existent Deductibles
B. Fewer Exclusions
C. Insurance services to members through employed
physicians
D. All of the Above - ANSWER-D. All of the Above
Also included: broad coverage, coinsurance provisions
Provides indemnification to the insured for basic
hospitalization of room and
board in the hospital, nursing care, laboratory fees, operating
room, medical
supplies, etc. This is
defined as?
A. Hospitalization
Expense
B. Hospital
Indemnity
Actual Complete Real Exam Questions And Correct Answers
(Verified Answers) Already Graded A+ / Newest Exam / Just
Released!!
When a person has lost stock certificates, bonds or similar
instruments, a bond is generally required by the issuing
company to reissue the document. This is known as a:
A. Public Official Bond
B. Lost Instrument Bond
C. Public Instrument Bond
D. None of the Above - ANSWER-B. Lost Instrument Bond
Also guarantees to save issuer from any loss growing out of
lost instrument
A __________ is a selected group of hospitals and medical
practitioners in a
given area who have joined together in an effort to reduce
medical costs.
A. HMO
B. Major Medical Insurance
C. Coinsurance
D. PPO - ANSWER-D. PPO
Most plans provide that emergency treatment will be paid even
if treated party does not go to service provider on approved list.
,Define the coverage that pays a flat amount per day for
hospitalization, regardless of expenses or other insurance:
A. Hospitilization
B. Hospital Indemnity
C. Hospital Services
D. All of the Above - ANSWER-B. Hospital Indemnity
This optional provision states that if the insured becomes
totally disabled, premiums are waived but the coverage remains
in force:
A. Waiver of Subrogation
B. Waiver of Premium
C. Waiver of Value
D. None of the Above - ANSWER-B. Waiver of Premium
"premiums are waived"
Provides coverage for expenses, including loss of income,
arising from an accident. This is defined as?
A. Accident Insurance
B. Hospitilization
C. Hospital Pay
D. None of the Above - ANSWER-A. Accident Insurance
Typical exclusions would be: hernia, war, disease and bacterial
infections, suicide attempts, air travel injuries, accidents while
committing felony, accidents while under the influence
This type of provision states the insurer can refuse to renew
the policy only under certain conditions. The policy must state
,the conditions under which the policy will not be renewed. This
is defined as?
A. Conditionally Renewable
B. Guaranteed Renewable
C. Optionally Renewable
D. None of the Above - ANSWER-A. Conditionally Renewable vs.
Optionally: company may not cancel during term but
reserves right to nonrenew upon expiration
vs. Guaranteed: insurer required to renew policy at stated age
(typically 65); company reserves right to increase premium
The coverage that is intended to afford protection against
catastrophic losses is
defined
as?
A. Major
Medical
B.
HMO
C.
PPO
D. None of the Above - ANSWER-A. Major
Medical
Some forms designed to supplement basic policies; others
provide both basic
and catastrophic
coverage
, A policy may contain a provision which states a period of time
between issuance and acceptance before sickness benefits
begin. This is defined as:
A. Waiting Period
B. Elimination Period
C. Both A & B
D. None of the Above - ANSWER-C. Both A & B
This helps keep premiums reasonable by eliminating chance of
persons buying coverage only when they are sick
Characteristics of an HMO plan usually include:
A. Small of non-existent Deductibles
B. Fewer Exclusions
C. Insurance services to members through employed
physicians
D. All of the Above - ANSWER-D. All of the Above
Also included: broad coverage, coinsurance provisions
Provides indemnification to the insured for basic
hospitalization of room and
board in the hospital, nursing care, laboratory fees, operating
room, medical
supplies, etc. This is
defined as?
A. Hospitalization
Expense
B. Hospital
Indemnity
