FLORIDA ADJUSTER EXAMS SCRIPT QUESTIONS AND
ANSWERS GUARANTEE A+
A claim in the property/casualty industry Is defined as: - ✔✔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: - ✔✔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: -
✔✔trust
✔✔One of the most important claim handling goals of an insurance company is: - ✔✔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 - ✔✔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: - ✔✔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: - ✔✔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?
- ✔✔an adjuster must complete 24 hours of continuing education in every 2 year
compliance period, of which 5 hours must be taken in a properly certified 5 hour law and
ethics update course
✔✔the adjuster's code of ethics starts with a basic premise which states: - ✔✔the work
of adjusting engages the public trust
✔✔Which of the following would NOT be a preferred claims practice or behavior under
FL Unfair Insurance Trade Practices Act? - ✔✔Not responding to an insured calls
because you haven't made up your mind
ANSWERS GUARANTEE A+
A claim in the property/casualty industry Is defined as: - ✔✔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: - ✔✔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: -
✔✔trust
✔✔One of the most important claim handling goals of an insurance company is: - ✔✔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 - ✔✔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: - ✔✔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: - ✔✔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?
- ✔✔an adjuster must complete 24 hours of continuing education in every 2 year
compliance period, of which 5 hours must be taken in a properly certified 5 hour law and
ethics update course
✔✔the adjuster's code of ethics starts with a basic premise which states: - ✔✔the work
of adjusting engages the public trust
✔✔Which of the following would NOT be a preferred claims practice or behavior under
FL Unfair Insurance Trade Practices Act? - ✔✔Not responding to an insured calls
because you haven't made up your mind
