Florida Adjuster Licensing Practice Exam | Test
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Terms in this set (27)
A claim in the property/casualty an assertion of an alleged legal right against a
industry Is defined as: person, entity, company or insurer that carries
with it a demand for money as compensation for
injuries or damages
when you purchase insurance, you peace of mind that if an insured event does
are buying: occur, that the insurance company will keep its
promise and provide the financial protection that
you purchased
in today's society, the most trust
important factor in the purchase of
insurance is:
One of the most important claim to help those who have been injured or who have
handling goals of an insurance suffered loss for which the insured is responsible,
company is: while at the same time minimizing loss for the
insured party and carrier
, what is the primary difference a company employee adjuster works for an
between a company employee insurance company and an independent adjuster
adjuster and an independent works independently for themselves or for
adjuster adjusting firms who represent many clients
an adjuster's responsibility as a the adjuster represents, and controls, the
fiduciary means: 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 investigating, evaluating, reporting, negotiating
an adjuster are: and disposing of claims
once an adjuster is licensed, he or an adjuster must complete 24 hours of continuing
she must maintain a continuing education in every 2 year compliance period, of
education requirement. What is that which 5 hours must be taken in a properly
adjuster's compliance requirement certified 5 hour law and ethics update course
in order to retain a license?
the adjuster's code of ethics starts the work of adjusting engages the public trust
with a basic premise which states:
Which of the following would NOT Not responding to an insured calls because you
be a preferred claims practice or haven't made up your mind
behavior under FL Unfair Insurance
Trade Practices Act?
what are the four critical elements 1. agreement to terms (must understand what is
of a contract? given and received)
2. adequate consideration for the promises made
3. legal capacity of the parties to contract
4. contract must have legal purpose
Review Questions & Certified Solutions| 100%
Correct | Already Graded A+
Save
Terms in this set (27)
A claim in the property/casualty an assertion of an alleged legal right against a
industry Is defined as: person, entity, company or insurer that carries
with it a demand for money as compensation for
injuries or damages
when you purchase insurance, you peace of mind that if an insured event does
are buying: occur, that the insurance company will keep its
promise and provide the financial protection that
you purchased
in today's society, the most trust
important factor in the purchase of
insurance is:
One of the most important claim to help those who have been injured or who have
handling goals of an insurance suffered loss for which the insured is responsible,
company is: while at the same time minimizing loss for the
insured party and carrier
, what is the primary difference a company employee adjuster works for an
between a company employee insurance company and an independent adjuster
adjuster and an independent works independently for themselves or for
adjuster adjusting firms who represent many clients
an adjuster's responsibility as a the adjuster represents, and controls, the
fiduciary means: 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 investigating, evaluating, reporting, negotiating
an adjuster are: and disposing of claims
once an adjuster is licensed, he or an adjuster must complete 24 hours of continuing
she must maintain a continuing education in every 2 year compliance period, of
education requirement. What is that which 5 hours must be taken in a properly
adjuster's compliance requirement certified 5 hour law and ethics update course
in order to retain a license?
the adjuster's code of ethics starts the work of adjusting engages the public trust
with a basic premise which states:
Which of the following would NOT Not responding to an insured calls because you
be a preferred claims practice or haven't made up your mind
behavior under FL Unfair Insurance
Trade Practices Act?
what are the four critical elements 1. agreement to terms (must understand what is
of a contract? given and received)
2. adequate consideration for the promises made
3. legal capacity of the parties to contract
4. contract must have legal purpose
