Insurance Adjuster

Florida A&M University

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Insurance Adjuster Exam| 203 QUESTIONS| 16 PAGES| WELL ANSWERED
  • Exam (elaborations)

    Insurance Adjuster Exam| 203 QUESTIONS| 16 PAGES| WELL ANSWERED

  • Which kind of losses are covered under a standard fire policy? Correct Answer: Direct All fires are not covered by the Standard Fire policies, only those that: Correct Answer: are hostile and have a flame or glow At what time does a fire policy go into affect? Correct Answer: 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximum amount the insured may ...
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