Florida Adjuster All Lines Exam Review
Questions with Verified Correct Answers
The Adjuster's Code of Ethics starts with a basic premise which states:
The work of adjusting engages the public trust
Once an adjuster is licensed he or she must maintain a continuing education requirement.
Select from the following an adjuster's compliance requirement in order to stay licensed:
A newly licensed adjuster must complete 24 hours of continuing education in every two year
compliance period, of which 5 hours must be taken in a properly certified 5 Hour Law & Ethics
Update course
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 damage
Describe the coverages provided in a split limit policy of 10/20/10
The coverage provides up to $10,000 of liability protection for bodily injury to any one
individual, an aggregate of $20,000 for all bodily injuries regardless of how many individuals,
and $10,000 for property damage
What is the primary difference between a staff adjuster and an independent adjuster?
A staff adjuster works for an insurance company and an independent adjuster works
independently for themselves or for adjusting firms who represent many clients
In todays society the most important factor in the purchase of insurance is:
Trust
Negligence is described as:
Fault that arises from doing something you shouldn't have done, or not doing something you
should have done
One of the most important claim handling goals of an Insurance Company is:
Questions with Verified Correct Answers
The Adjuster's Code of Ethics starts with a basic premise which states:
The work of adjusting engages the public trust
Once an adjuster is licensed he or she must maintain a continuing education requirement.
Select from the following an adjuster's compliance requirement in order to stay licensed:
A newly licensed adjuster must complete 24 hours of continuing education in every two year
compliance period, of which 5 hours must be taken in a properly certified 5 Hour Law & Ethics
Update course
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 damage
Describe the coverages provided in a split limit policy of 10/20/10
The coverage provides up to $10,000 of liability protection for bodily injury to any one
individual, an aggregate of $20,000 for all bodily injuries regardless of how many individuals,
and $10,000 for property damage
What is the primary difference between a staff adjuster and an independent adjuster?
A staff adjuster works for an insurance company and an independent adjuster works
independently for themselves or for adjusting firms who represent many clients
In todays society the most important factor in the purchase of insurance is:
Trust
Negligence is described as:
Fault that arises from doing something you shouldn't have done, or not doing something you
should have done
One of the most important claim handling goals of an Insurance Company is:
