FLORIDA CLAIMS ADJUSTER/ CLAIMS
ADJUSTER (FLORIDA) EXAM | NEWEST
ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
Samantha eats uncooked chicken at a local barbecue joint and becomes
violently ill. Which of the following workers compensation benefits
would pay for this occurrence?
A. A products and completed operations form
B. A premises and operations form
C. An owners and contractors protective liability form
D. None of the Above - ✔✔✔ Correct Answer > D. None of the Above
Samantha is not an employee of the barbecue joint; Workers Comp
does not apply.
When investigating liability insurance claims, which of the following
three major elements are determined:
A. Coverage
B. Liability
C. Damages
D. All of the Above - ✔✔✔ Correct Answer > D. All of the Above
,A relationship that requires maintenance of a high degree of fidelity
and loyalty to the interests of the principal, whether or not the adjuster
is a direct employee is defined as:
A. Fiduciary
B. Estoppel
C. Public
D. None of the Above - ✔✔✔ Correct Answer > A. Fiduciary
Should always be maintained whether or not the adjuster is a direct
employee
Under Inside The Premises - Robbery or Safe Burglary of Personal
Property, a special limit of __________ per occurrence applies to
articles whose principal value is precious metals, precious or
semiprecious stones, pearls or furs, and to the physical or intrinsic
value of manuscripts, drawings or records:
A. $1,000
B. $2,000
C. $4,000
D. $5,000 - ✔✔✔ Correct Answer > D. $5,000
An optional alternative providing for adjustment of premium after
expiration, based on a guaranteed basic premium to the insurer to
which is added the actual losses incurred by the insured. This is defined
as:
,A. Cost-Plus Rating Plan
B. Experience Rating Plan
C. Retrospective Rating Plan
D. None of the Above - ✔✔✔ Correct Answer > C. Retrospective
Rating Plan
Often referred to as Cost-Plus Programs
Under Employer's Liability, the minimum limits of liability are:
A. 100/100/500
B. 100/500/1000
C. 500/100/500
D. 100/500 - ✔✔✔ Correct Answer > A. 100/100/500
$100,000 for all claims in each accident
$100,000 per employee for disease
$500,000 for all disease claims
Under Crime Insurance, losses must be discovered within 1 year. This is
defined as:
A. The Discovery Period
B. The Loss Sustained Period
C. The Open Period
D. All of the Above - ✔✔✔ Correct Answer > A. The Discovery Period
, Crime Insurance is _________ over any other Insurance coverage.
A. Primary
B. Secondary
C. Excess
D. Recess - ✔✔✔ Correct Answer > C. Excess
A situation may arise where another form of insurance will pay claim -
that insurance would be primary.
Cover only losses that both occurred and were discovered during the
policy period, or within one year of its expiration. This is defined as:
A. Discovery
B. Loss Sustained
C. Sustained Loss
D. None of the Above - ✔✔✔ Correct Answer > B. Loss Sustained
One exception to the rule is that Loss Sustained forms will also cover
losses that occurred under previous (expired) crime policies and that
were discovered during current policy year, as long as crime coverage
had continued w/o interruption
Any loss discovered during the policy period or within 60 days after its
expiration (one year after expiration for losses connected with
employee benefit plans) is covered regardless of when it occurred. This
is defined as:
ADJUSTER (FLORIDA) EXAM | NEWEST
ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
Samantha eats uncooked chicken at a local barbecue joint and becomes
violently ill. Which of the following workers compensation benefits
would pay for this occurrence?
A. A products and completed operations form
B. A premises and operations form
C. An owners and contractors protective liability form
D. None of the Above - ✔✔✔ Correct Answer > D. None of the Above
Samantha is not an employee of the barbecue joint; Workers Comp
does not apply.
When investigating liability insurance claims, which of the following
three major elements are determined:
A. Coverage
B. Liability
C. Damages
D. All of the Above - ✔✔✔ Correct Answer > D. All of the Above
,A relationship that requires maintenance of a high degree of fidelity
and loyalty to the interests of the principal, whether or not the adjuster
is a direct employee is defined as:
A. Fiduciary
B. Estoppel
C. Public
D. None of the Above - ✔✔✔ Correct Answer > A. Fiduciary
Should always be maintained whether or not the adjuster is a direct
employee
Under Inside The Premises - Robbery or Safe Burglary of Personal
Property, a special limit of __________ per occurrence applies to
articles whose principal value is precious metals, precious or
semiprecious stones, pearls or furs, and to the physical or intrinsic
value of manuscripts, drawings or records:
A. $1,000
B. $2,000
C. $4,000
D. $5,000 - ✔✔✔ Correct Answer > D. $5,000
An optional alternative providing for adjustment of premium after
expiration, based on a guaranteed basic premium to the insurer to
which is added the actual losses incurred by the insured. This is defined
as:
,A. Cost-Plus Rating Plan
B. Experience Rating Plan
C. Retrospective Rating Plan
D. None of the Above - ✔✔✔ Correct Answer > C. Retrospective
Rating Plan
Often referred to as Cost-Plus Programs
Under Employer's Liability, the minimum limits of liability are:
A. 100/100/500
B. 100/500/1000
C. 500/100/500
D. 100/500 - ✔✔✔ Correct Answer > A. 100/100/500
$100,000 for all claims in each accident
$100,000 per employee for disease
$500,000 for all disease claims
Under Crime Insurance, losses must be discovered within 1 year. This is
defined as:
A. The Discovery Period
B. The Loss Sustained Period
C. The Open Period
D. All of the Above - ✔✔✔ Correct Answer > A. The Discovery Period
, Crime Insurance is _________ over any other Insurance coverage.
A. Primary
B. Secondary
C. Excess
D. Recess - ✔✔✔ Correct Answer > C. Excess
A situation may arise where another form of insurance will pay claim -
that insurance would be primary.
Cover only losses that both occurred and were discovered during the
policy period, or within one year of its expiration. This is defined as:
A. Discovery
B. Loss Sustained
C. Sustained Loss
D. None of the Above - ✔✔✔ Correct Answer > B. Loss Sustained
One exception to the rule is that Loss Sustained forms will also cover
losses that occurred under previous (expired) crime policies and that
were discovered during current policy year, as long as crime coverage
had continued w/o interruption
Any loss discovered during the policy period or within 60 days after its
expiration (one year after expiration for losses connected with
employee benefit plans) is covered regardless of when it occurred. This
is defined as:
