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Exam (elaborations)

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review

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. Hazard: Something that increases the probability that a loss will occur. 3. Warranty: A policy condition, either based on information in the i cation or inserted by the insurer. It is a guarantee of a fact. 4. Misrepresentation: An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. 5. Concealment: The failure of the insured to reveal relevant facts known to the insured in applying for insurance. 6. Abandonment: Property insurance policies usually contain an a clause, stating the insured cannot dump damaged property on the i demand its full value. 7. Severability: The insurance applies separately to each insured as if other insureds did not exist.

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Uploaded on
February 19, 2023
Number of pages
46
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • florida claims adjuster

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