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FL ADJUSTERS LICENSE PRACTICE EXAM WITH  COMPLETE SOLUTION – LATEST
  • Exam (elaborations)

    FL ADJUSTERS LICENSE PRACTICE EXAM WITH COMPLETE SOLUTION – LATEST

  • FL ADJUSTERS LICENSE PRACTICE EXAM WITH COMPLETE SOLUTION – LATEST
  • Hosmerit
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FL Adjusters License exam with 100%  correct answers 2024
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    FL Adjusters License exam with 100% correct answers 2024

  • Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. correct answers (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its then appraised value of] $60,000. Two weeks ago they had a ...
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FL Adjusters License Practice Exams Questions with 100% Verified Correct Answers
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    FL Adjusters License Practice Exams Questions with 100% Verified Correct Answers

  • FL Adjusters License Practice Exams Questions with 100% Verified Correct Answers Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. - Correct Answer (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insur...
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FL Adjusters License Exams With Verified And 100% Correct Answers
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    FL Adjusters License Exams With Verified And 100% Correct Answers

  • FL Adjusters License Exams With Verified And 100% Correct Answers
  • Vendarsol
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FL Adjusters License Practice Exams 2023 100% Correctly Answered
  • Exam (elaborations)

    FL Adjusters License Practice Exams 2023 100% Correctly Answered

  • FL Adjusters License Practice Exams 2023 100% Correctly Answered Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. - CORRECT ANS (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured their home for [its the...
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ADJUSTER PRO - INSURANCE ADJUSTER  EXAM | WITH QUESTIONS & ANSWERS | GRADED  A+ | 2023-2024 UPDATE
  • Exam (elaborations)

    ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE

  • ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | UPDATE What is insurance? - protection against financial loss what is a premium - a scheduled amount to be paid for an insurance policy. What are premiums used for - 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? - the insurer collects premiums from all policy holders and uses them to pa...
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ADJUSTER PRO - FLORIDA CERTIFIED  ADJUSTER GLOSSARY EXAM | WITH  QUESTIONS & ANSWERS | GRADED A+ | 2023- 2024 UPDATE
  • Exam (elaborations)

    ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023- 2024 UPDATE

  • ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023- 2024 UPDATE Accumulated Depreciation Correct Answer: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation...
  • Graders
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ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH  QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE
  • Exam (elaborations)

    ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE

  • ADJUSTER PRO - INSURANCE ADJUSTER EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | UPDATE What is insurance? Correct Answer: protection against financial loss what is a premium Correct Answer: a scheduled amount to be paid for an insurance policy. What are premiums used for Correct 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? Correct Answer: the insurer collect...
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FL ADJUSTERS LICENSE PRACTICE EXAM |  WITH QUESTIONS & ANSWERS | GRADED A+ |  2023-2024 UPDATE
  • Exam (elaborations)

    FL ADJUSTERS LICENSE PRACTICE EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | 2023-2024 UPDATE

  • FL ADJUSTERS LICENSE PRACTICE EXAM | WITH QUESTIONS & ANSWERS | GRADED A+ | UPDATE Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performance. Correct Answer: (B) Written evidence of the agreement and its terms. Assume that five years ago a couple insured...
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