NURSING EXAMS AND STUDY MATERIALS

INSURANCE ADJUSTER FINAL PRACTICE QUESTIONS AND ANSWERS Lloyds of London was most known for insuring what product? - CORRECT ANSWER-Tobacco Shipments How did the Chinese families use the concept of pooling to protect their crops? - CORRECT ANSWER-Divided shipments to multiple ships The chinese were credited with being the first to create the concept of insurance. The main method used was to ship their goods on multiple ships instead of on one single vessel. What concept of insu...

INSURANCE ADJUSTER COMPLETE EXAM AND ANSWERS 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 ANSWER-are 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...

Insurance Adjuster Exam 2023/2024 Which kind of losses are covered under a standard fire policy? - CORRECT ANSWERDirect All fires are not covered by the Standard Fire policies, only those that: - CORRECT ANSWER-are 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....