Florida Insurance Adjuster Licensing
The policy period is found in what part of an insurance contract?
correct answers
Declaratio
ns
Insurance policies are said to be contracts of... correct answers
Adhesion
The failure to exercise due care is known as correct answers
Negligence
A building is destroyed by flood. The loss of profits from renting the
building is
answers correct
Indirect
Loss
The notice required for cancellation of an Auto Binders is days correct
answers 5
Property Insurance means correct answers Insurance where the
payment by
insurance the
company will be directly to the
insured
An insurance contract is based on the principle of correct answers utmost
good faith
two kinds of waivers are correct answers Express and
Implied
Proximate cause is the between the occurrence and damage which
occurrence
grows ... theis the correct answers unbroken
connection
Replacement Cost may be a violation of correct answers Principle of
Indemnity
Coinsurance of 80% regarding a $1 million dollar property means the insured
must carryamount of correct answers
insurance
$800,000
a 5% hurricane deductible in a homeowner's policy insuring a $100,000
home would
correct answersbe
$5000
Giving up a known right voluntarily is known as a correct
answers waiver
in order for an insured's residence to be considered the insured's principal
residence
the purposeforof Flood Insurance, the insured must live in the dwelling at
leasttime correct answers
the
of
80%
A health policy that only provides benefits for a single illness is known
as correct
answers Dread Disease
Policy
Adjusters shall not give advice correct answers
Legal
, PIP has a basic limit of correct answers
$10,000
The cost to replace an item less-depreciation is a description of correct
answers Actual
Cash
Value
According to the ethical requirements, an adjsuter shall never approach
adjustments
a manner in to the insured correct answers
prejudicial
An adjuster is required to notify the department of a change of name or
addressanswers
correct within 30
days
in the event of a catastrophe the Department may appoint emergency
adjusters
length for what
of time correct answers for the period of emergency it shall
determine
an insurer formed under the laws of Florida would be considered correct
answers
domestica
insurer
a public adjuster is required to post a bond correct answers
$50,000
According to the code of ethics, the work of adjusting insurance correct
answers
be self- should
regulated
the party who is expected to perform under a surety bond is the
correct answers
princip
al
if an employee is disabled for 10 days following an on the job accident, how
many days will the employee receive correct
of disability
answers 3
all of the following may be the basis for discrimination except
correct answers
educatio
n
which Homeowners policy never contains coverage A correct answers
HO-4 renters
personal
property
Builder's Risk is used to cover correct answers buildings in the course of
construction
an eligible building for flood insurance has walls and roof correct answers
2 or
mor
e
the domestic shipment coverage that protects all of a shippers shipments
annuallyanswers
correct is the Annual Transit
Policy
Hull insurance in an Ocean Marine policy carries what deductible
correct answers
Franchis
e
The policy period is found in what part of an insurance contract?
correct answers
Declaratio
ns
Insurance policies are said to be contracts of... correct answers
Adhesion
The failure to exercise due care is known as correct answers
Negligence
A building is destroyed by flood. The loss of profits from renting the
building is
answers correct
Indirect
Loss
The notice required for cancellation of an Auto Binders is days correct
answers 5
Property Insurance means correct answers Insurance where the
payment by
insurance the
company will be directly to the
insured
An insurance contract is based on the principle of correct answers utmost
good faith
two kinds of waivers are correct answers Express and
Implied
Proximate cause is the between the occurrence and damage which
occurrence
grows ... theis the correct answers unbroken
connection
Replacement Cost may be a violation of correct answers Principle of
Indemnity
Coinsurance of 80% regarding a $1 million dollar property means the insured
must carryamount of correct answers
insurance
$800,000
a 5% hurricane deductible in a homeowner's policy insuring a $100,000
home would
correct answersbe
$5000
Giving up a known right voluntarily is known as a correct
answers waiver
in order for an insured's residence to be considered the insured's principal
residence
the purposeforof Flood Insurance, the insured must live in the dwelling at
leasttime correct answers
the
of
80%
A health policy that only provides benefits for a single illness is known
as correct
answers Dread Disease
Policy
Adjusters shall not give advice correct answers
Legal
, PIP has a basic limit of correct answers
$10,000
The cost to replace an item less-depreciation is a description of correct
answers Actual
Cash
Value
According to the ethical requirements, an adjsuter shall never approach
adjustments
a manner in to the insured correct answers
prejudicial
An adjuster is required to notify the department of a change of name or
addressanswers
correct within 30
days
in the event of a catastrophe the Department may appoint emergency
adjusters
length for what
of time correct answers for the period of emergency it shall
determine
an insurer formed under the laws of Florida would be considered correct
answers
domestica
insurer
a public adjuster is required to post a bond correct answers
$50,000
According to the code of ethics, the work of adjusting insurance correct
answers
be self- should
regulated
the party who is expected to perform under a surety bond is the
correct answers
princip
al
if an employee is disabled for 10 days following an on the job accident, how
many days will the employee receive correct
of disability
answers 3
all of the following may be the basis for discrimination except
correct answers
educatio
n
which Homeowners policy never contains coverage A correct answers
HO-4 renters
personal
property
Builder's Risk is used to cover correct answers buildings in the course of
construction
an eligible building for flood insurance has walls and roof correct answers
2 or
mor
e
the domestic shipment coverage that protects all of a shippers shipments
annuallyanswers
correct is the Annual Transit
Policy
Hull insurance in an Ocean Marine policy carries what deductible
correct answers
Franchis
e
