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INSURANCE ADJUSTER EXAM 2024 WITH 100% ACCURATE SOLUTIONS 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 cau...

CLAIMS ADJUSTER EXAM 2024 Insurance - correct answer -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium - correct answer -the fee paid by the insured in exchange for insurance Principle of Indemnity - correct answer -the insurer should be restored to where they were before the incident -no profit can be made Idemnification - correct answer -to compensate for loss or damage; to provide security for financ...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTION Which of the following sectors attracts the most philanthropic support? - correct answer a.Social causes b.Education* c.The Arts d.Healthcare Which of the following individuals is most likely to give a major gift ? - correct answer 1. A current donor 2. An event attendee 3. A friend of a board member 4. A well-researched prospective donor The most appropriate role for a volunteer in thanking donors is to: - correct answer 1. Write a per...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS Where should the ideas of the case statement come from? - correct answer Mission Statement and Strategic Plan Who should be involved in creating the case statement? - correct answer Volunteers and staff What are the three components of the case? - correct answer Purpose: show organization mission/purpose, shows how new programs benefit, shows organization impact on the community Content: outlines key information about org like mission, goal...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS If a donor states that the amount of money an organization is asking for is very large, the best response is to tell the prospective donor that: - correct answer the amount is large, but emphasize the value and long term impact of the gift. When is the most appropriate time to begin devoting time and energy into the development and nurturing of a relationship with a donor? - correct answer Immediately upon receipt of the donor's first gift, irr...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS An annuity buyer can purchase a single-life annuity for themselves. They will be paid in installments, and when they die, the charity keeps/does not keep the principal. - correct answer keeps A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer two-life annuity A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer dat...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS The MOST important step in the process of setting up a prospective donor research programme is to (Relationship Building): - correct answer Establish confidentiality and ethics policies. Which aspect of an organisation's history is MOST often effectively used in appealing to donors? (Relationship Building) - correct answer The role of major donors in developing the current strengths of the organisation. (The long term strength of most chariti...

CFP EXAM 1 2024 WITH 100% ACCURATE SOLUTIONS CFP EXAM 2024 WITH 100% CORRECT ANSWERS

CFP EXAM 1 2024 WITH 100% ACCURATE SOLUTIONS According to CFP Board's Code of Ethics and Standards of conduct, A CFP Professional may represent the CFP Professionals or the CFP Professional's Firm's compensation method as "fee only" only under which set of circumstances? - correct answer The CFP Professional and the CFP professional's firm receives no sales related compensation in connection with any professional services the CFP professional or the CFP Professional's firm provides ...

CFP EXAM 2024 WITH 100% ACCURATE SOLUTIONS What are the Laws of Agency (insurance)? - correct answer Express authority, Implied Authority, Apparent authority What are the Exemptions to Filing as an Investment Adviser? - correct answer - Advisor whose only clients are insurance companies - Family office What are the Exceptions to Filing as an Investment Adviser? - correct answer - Banks that are not also investment companies - Lawyers, accountants, teachers - advice is incidental - ...