Exam (elaborations)
Claims Adjuster Exam 1 Latest 2024/2025 Questions & Answers Verified Answers (100% CORRECT ANSWERS)
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Actual Cash Value (ACV) - ANSWER Cost to replace property with new property of like kind and quality less depreciation. Combined Single Limit - ANSWER One limit per occurrence is what we pay up to Split limit - ANSWER What we pay up to per person and per occurrence Deductible - ANSWER What the customer will have to pay; we cover everything else Declarations Page (Dec Page) - ANSWER The basic information about a policy: Who - names of insurer and insured What - description of insured property Where - address and legal description of insured property When - effective and expiration dates. How Much - limits of coverage, deductible, premium
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Claims Adjuster 2024/2025
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Claims Adjuster 2024/2025
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- Institution
- Claims Adjuster 2024/2025
- Course
- Claims Adjuster 2024/2025
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- Uploaded on
- February 20, 2024
- Number of pages
- 12
- Written in
- 2023/2024
- Type
- Exam (elaborations)
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- Questions & answers
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claims adjuster exam 1 latest questions
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actual cash value acv answer cost to repl
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combined single limit answer one limit per
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split limit answer what we pay up to per pe
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