Claims Adjuster Final (Multiple Choice
Questions)
Save
Students also studied
REE3043 NTA Final Review Dosage Calculation
Teacher 64 terms 57 terms Teacher 20 terms
nziokam99 Preview Preview Catherine_wanjiru8
Stretch your brain before your first study session
Learn 1 /7 Study with Learn
A Proof of Loss
Choose matching term
An insurer gives which of the following as An insurer formed under the laws of the NY
1 2
Consideration for an insurance policy? would be:
The interest of the insured and all other
persons in the property involved in a claim
3 Texting while driving is best described as a: 4
is
found in
Don't know?
An adjuster is a fiduciary agent The insured and insurer
with a responsibility of loyalty to
the interest of
An insurer gives which of the A Promise
following as Consideration for
an insurance policy?
, The interest of the insured and A Proof of Loss
all other persons in the property
involved in a claim is
found in
An insured rear-ends another Liability Policy
driver's vehicle. The auto policy
that pays damages to
repair the damaged vehicle is a
_______?
Your insurance company wrote 5 days notice required
an auto insurance binder for an
owner who said that he
did not have any prior accidents.
Immediately thereafter it was
discovered that he did not
tell the truth. The company now
wants to cancel the binder as
quickly as possible. What
is true?
For insurance to pay damages, When the loss takes place
an insurable interest must exist:
Texting while driving is best Hazard
described as a:
A covered loss is $90,000. Policy $60,000
A has a limit of $100,000. Policy
B has a limit of
$200,000. Both policies are pro-
rata policies. How much will
policy B pay for this loss?
I sold my home yesterday, Purchaser's policy
signed a deed and transferred
title. Last night there was a
house fire. I had not yet
cancelled my homeowner's
insurance. The purchaser also
had a
homeowner's policy. Which
policy should pay to pay the
claim?
Giving prompt notice of loss is Condition
best described as a policy:
If there is a total loss by an Actual Cash Value
insured peril to a FL building, the
insurer must pay:
A Loss Payable Clause refers to Lenders interest in personal property
My coin collection was A Valued Policy
appraised and my insurance
company specifically insured the
valued of that collection. That is
an example of:
Questions)
Save
Students also studied
REE3043 NTA Final Review Dosage Calculation
Teacher 64 terms 57 terms Teacher 20 terms
nziokam99 Preview Preview Catherine_wanjiru8
Stretch your brain before your first study session
Learn 1 /7 Study with Learn
A Proof of Loss
Choose matching term
An insurer gives which of the following as An insurer formed under the laws of the NY
1 2
Consideration for an insurance policy? would be:
The interest of the insured and all other
persons in the property involved in a claim
3 Texting while driving is best described as a: 4
is
found in
Don't know?
An adjuster is a fiduciary agent The insured and insurer
with a responsibility of loyalty to
the interest of
An insurer gives which of the A Promise
following as Consideration for
an insurance policy?
, The interest of the insured and A Proof of Loss
all other persons in the property
involved in a claim is
found in
An insured rear-ends another Liability Policy
driver's vehicle. The auto policy
that pays damages to
repair the damaged vehicle is a
_______?
Your insurance company wrote 5 days notice required
an auto insurance binder for an
owner who said that he
did not have any prior accidents.
Immediately thereafter it was
discovered that he did not
tell the truth. The company now
wants to cancel the binder as
quickly as possible. What
is true?
For insurance to pay damages, When the loss takes place
an insurable interest must exist:
Texting while driving is best Hazard
described as a:
A covered loss is $90,000. Policy $60,000
A has a limit of $100,000. Policy
B has a limit of
$200,000. Both policies are pro-
rata policies. How much will
policy B pay for this loss?
I sold my home yesterday, Purchaser's policy
signed a deed and transferred
title. Last night there was a
house fire. I had not yet
cancelled my homeowner's
insurance. The purchaser also
had a
homeowner's policy. Which
policy should pay to pay the
claim?
Giving prompt notice of loss is Condition
best described as a policy:
If there is a total loss by an Actual Cash Value
insured peril to a FL building, the
insurer must pay:
A Loss Payable Clause refers to Lenders interest in personal property
My coin collection was A Valued Policy
appraised and my insurance
company specifically insured the
valued of that collection. That is
an example of:
