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ADJUSTER PRO –INSUARANCE ADJUSTER TEST QUESTIONS AND ANSWERS FOR A GUARANTEED PASS.
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---12May 20232022/2023A+
- ADJUSTER PRO –INSUARANCE ADJUSTER TEST QUESTIONS AND 
ANSWERS FOR A GUARANTEED PASS. 
 
 
 
 
What is insurance? - Answer protection against financial loss 
 
what is a premium - Answer a scheduled amount to be paid for an insurance policy. 
 
What are premiums used for - Answer premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
 
how can insurance companies afford to pay for an individuals catastrophic loss? - Answer the insurer collects premiums from all p...
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