ACCOUNTING TAXATION
Excelsior College
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Insurance Adjuster Exam With 100% Correct Answers 2023
- Exam (elaborations) • 17 pages • 2024
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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 answerare 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 ...
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