FLORIDA CLAIMS ADJUSTER EXAM 2023WITHBESTSOLUTIONS ACTUALEXAM 100%

FLORIDA CLAIMS ADJUSTER
EXAM
2023WITHBESTSOLUTIONS
ACTUALEXAM 100%
Abandonment - CORRECT ANSWERS-Property
insurance policies usually contain a(n) __________
clause, *stating the insured cannot dump damaged
property on the insurer and demand its full value.*
Severability - CORRECT ANSWERS-Insurance applies
separately to each insured as if other insureds did
not exist
Insurable Interest - CORRECT ANSWERS-One
wherein economic loss would be suffered from an
adverse happening to the subject.
Liberalization - CORRECT ANSWERS-States that if
the insurer adopts a revision which would broaden
coverage without additional premium within some
period of time prior to the policy period or during
the policy period, the insured receives the benefit
of such broadened coverage..
Doctrine of Proximate Cause - CORRECT ANSWERSStates that when there is an unbroken connection
between an occurrence and damage that grows out
of the occurrence, then the resultant damage is all a
part of the occurrence