Hit policy Study guides, Class notes & Summaries

Texas All-Lines Adjuster course Final Exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - CORRECT ANSWER We have 6 months to reach a final settlement with you. Which of the following is a TRUE statement concerning auto physical damage coverage under a Personal or Busi...

OASIS data are used to assess the ___ of home health services. (Ans- Outcome A statement or guideline that directs decision making or behavior is called a: (Ans- Policy Examples of high-risk billing practices that create compliance risks for healthcare organizations include all of the following, except: (Ans- Returned Overpayments Healthcare fraud is all of the following except: (Ans- Unnecessary Costs to a program Corporate compliance programs became common after adoption of...

An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - Employers nonownership coverage. This coverage protects the employer and not the employee. The employee is covered under his own PAP policy. Replacement cost coverage is best defined as: - Replacement without ded...

Texas All-Lines Adjuster course Final Exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - CORRECT ANSWER We have 6 months to reach a final settlement with you. Which of the following is a TRUE statement concerning auto physical damage coverage under a Personal or Busi...

GEORGIA PROPERTY & CASUALTY INSURANCE EXAM Prep |QUESTIONS AND VERIFIED ANSWERS| 100% CORRECT| GRADE A (2024/ 2025 UPDATE) Q: For the reported losses of an insured group to become more likely to equal the statistical probability of loss for that particular class, the insured group must become Answer: Larger Q: Which method of loss valuation is contrary to the basic concept of indemnity? Answer: Replacement cost Q: What term includes damage where the insured peril was...

Texas All Lines Adjuster License Final Exam (The Adjuster School)Uninsured Motorist This type of Auto Coverage pays for your damages if you were involved in a hit-and-run: Uninsured Motorist Comprehensive Liability Collison Liability What is the responsibility to another for one's negligence? Hazard Liability Risk Negligence Deductible The amount the insured must pay in a loss before any payment is due is known as: Loss Ratio Deductible Premium Surcharge Conditions...

WGU D220 LATEST UPDATE (2022/2023)American Recover and Reinvestment Act (ARRA) Authorized INCENTIVE PAYMENTS to specific types of hospitals and healthcare professionals for adopting and using interoperable Health Information Technology and EHR's. ARRA provides economic stimuli and incentives for the adoption of EHRs. Admission-Transfer-Discharge (ADT) System Classified under the hospitals' administrative info system. It's one of the foundational systems that allows operational activi...

Property and Casualty Insurance Mastery Exam A Latest Update 100% Pass An insured rents a car while on vacation in Canada and causes an accident. Is there coverage under his personal auto policy? The loss is covered under an unendorsed personal auto policy. Under the workers' compensation laws, which of the following would NOT be covered? Heart-related illness resulting from hereditary causes An insurance policy covers fire, will not cover nuclear contamination, and loss must be...

The Commercial Property policy applies a limit of what dollar amount for business personal property temporarily away from the premises? CORRECT ANSWER $10,000 What is the name of the organization created to provide auto insurance to individuals who have been unable to obtain it through the private market? CORRECT ANSWER The Connecticut Automobile Insurance Assigned Risk Plan Which term describes the situation when two policies covering the same property contain different policy periods? CO...

atricia purchased a Personal Auto Policy (PAP). Her car was rear-ended by a driver who fled the scene. Patricia suffered whiplash, migraine headaches, and she was unable to work. Which of the following coverages will cover her lost work earnings? - Part C Shawn has a PAP and has selected to only carry collision coverage fro Coverage D. One day, while driving, Shawn slid off a wet road and collided with a tree, causing major damage to his car. The mechanic estimates that the cost to repair S...