Florida Adjuster Licensing Practice Exam: Your
Path to Success real exam!!! 2025
A claim in the property/casualty industry Is defined as: - -ANSWER-an assertion of an alleged legal right
against a person, entity, company or insurer that carries with it a demand for money as compensation
for injuries or damages
when you purchase insurance, you are buying: - -ANSWER-peace of mind that if an insured event does
occur, that the insurance company will keep its promise and provide the financial protection that you
purchased
in today's society, the most important factor in the purchase of insurance is: - -ANSWER-trust
One of the most important claim handling goals of an insurance company is: - -ANSWER-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 carrier
what is the primary difference between a company employee adjuster and an independent adjuster - -
ANSWER-a company employee adjuster works for an insurance company and an independent adjuster
works independently for themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - -ANSWER-the adjuster represents, and controls, the
property and financial interests of the client to whom he/she owes a high degree of loyalty and good
faith
Path to Success real exam!!! 2025
A claim in the property/casualty industry Is defined as: - -ANSWER-an assertion of an alleged legal right
against a person, entity, company or insurer that carries with it a demand for money as compensation
for injuries or damages
when you purchase insurance, you are buying: - -ANSWER-peace of mind that if an insured event does
occur, that the insurance company will keep its promise and provide the financial protection that you
purchased
in today's society, the most important factor in the purchase of insurance is: - -ANSWER-trust
One of the most important claim handling goals of an insurance company is: - -ANSWER-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 carrier
what is the primary difference between a company employee adjuster and an independent adjuster - -
ANSWER-a company employee adjuster works for an insurance company and an independent adjuster
works independently for themselves or for adjusting firms who represent many clients
an adjuster's responsibility as a fiduciary means: - -ANSWER-the adjuster represents, and controls, the
property and financial interests of the client to whom he/she owes a high degree of loyalty and good
faith
