Florida Adjuster All Lines
The Adjuster's Code of Ethics starts with a basic premise which states:
correct
The work answers
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
stay licensed:in correct
order toanswers A newly licensed adjuster must complete
24 hours ofeducation in every two year compliance period, of which 5
continuing
hours in
taken must be
a properly certified 5 Hour Law & Ethics
Update course
A claim in the property/casualty industry is defined as: correct answers An
assertion
an allegedoflegal right against a person, entity, company or insurer that
carries with
demand it a
for money as compensation for injuries or
damage
Describe the coverages provided in a split limit policy of 10/20/10 correct
answers The
coverage provides up to $10,000 of liability protection for bodily injury
to any one an aggregate of $20,000 for all bodily injuries regardless of
individual,
how many and $10,000 for property
individuals,
damage
What is the primary difference between a staff adjuster and an
independent
correct answers adjuster?
A staff adjuster works for an insurance company and an
independent
adjuster works independently for themselves or for adjusting firms who
represent
client many
s
In todays society the most important factor in the purchase of insurance
is: correct
answers
Trust
Negligence is described as: correct answers 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: correct
answers To help those who have been injured or who have suffered loss for
which the
insured is responsible, while at the same time minimizing loss for the
insured party and
carrie
r
The doctrine of proximate cause is defined as: correct answers if there is
an unbroken
chain of events, or series of sequences, flowing from the initial loss
caused by
Insured theto a subsequent loss, the insured peril causing the initial
peril
loss will be the "proximate cause" of the
considered
subsequent loss.
The Adjuster's Code of Ethics starts with a basic premise which states:
correct
The work answers
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
stay licensed:in correct
order toanswers A newly licensed adjuster must complete
24 hours ofeducation in every two year compliance period, of which 5
continuing
hours in
taken must be
a properly certified 5 Hour Law & Ethics
Update course
A claim in the property/casualty industry is defined as: correct answers An
assertion
an allegedoflegal right against a person, entity, company or insurer that
carries with
demand it a
for money as compensation for injuries or
damage
Describe the coverages provided in a split limit policy of 10/20/10 correct
answers The
coverage provides up to $10,000 of liability protection for bodily injury
to any one an aggregate of $20,000 for all bodily injuries regardless of
individual,
how many and $10,000 for property
individuals,
damage
What is the primary difference between a staff adjuster and an
independent
correct answers adjuster?
A staff adjuster works for an insurance company and an
independent
adjuster works independently for themselves or for adjusting firms who
represent
client many
s
In todays society the most important factor in the purchase of insurance
is: correct
answers
Trust
Negligence is described as: correct answers 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: correct
answers To help those who have been injured or who have suffered loss for
which the
insured is responsible, while at the same time minimizing loss for the
insured party and
carrie
r
The doctrine of proximate cause is defined as: correct answers if there is
an unbroken
chain of events, or series of sequences, flowing from the initial loss
caused by
Insured theto a subsequent loss, the insured peril causing the initial
peril
loss will be the "proximate cause" of the
considered
subsequent loss.
