- Study guides, Class notes & Summaries

The amount the insured must pay in a loss before any payment is due is known as? - ANSWER Deductible What is a partial legal defense that reduces the amount of damages that a person can recover based upon the amount that this person's own negligence contributed to the loss - ANSWER Comparative Negligence

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The amount the insured must pay in a loss before any payment is due is known as? - ANSWER Deductible What is a partial legal defense that reduces the amount of damages that a person can recover based upon the amount that this person's own negligence contributed to the loss - ANSWER Comparative Negligence What is a situation involving a person other than an insured? - ANSWER Third Party Loss The part of the insurance policy that details the rights and duties of the insured and the insura...

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Adjuster Licensing Class | Exam Questions & Answers-The amount the insured must pay in a loss before any payment is due is known as? - Deductible What is a partial legal defense that reduces the amount of damages that a person can recover based upon the amount that this person's own negligence contributed to the loss - Comparative Negligence What is a situation involving a person other than an insured? - Third Party Loss The part of the insurance policy that details the rights and duti...

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