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Exam (elaborations)

Florida Adjuster Licensing Practice Exam QUESTIONS AND ANSWERS ALL CORRECT

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A claim in the property/casualty industry Is defined as: Correct 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: Correct 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: Correct Answer: trust One of the most important claim handling goals of an insurance company is: Correct 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

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