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Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers 33 Pages ALREADY GRADED A+

Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers 33 Pages ALREADY GRADED A+
LA Adjuster - Practice Exam

MCIn an insurance contract, the policyholder gives the insurer , and the insurer gives the policyholder
.
covered property; a risk pool a surety; premium payments peace of mind; risk
premium payments; peace of mind

Melinda’s home sustained $6,500 in damage when Jared ran into it with his truck. Melinda received $6,500
MCfrom her insurance company, and Jared also paid her $5,000. Melinda has now proﬁted from this loss and is in violation of:

Sandra rear-ended Randy’s car when he stopped quickly for a yellow light that she was sure they were both going to make. The damage was minor, but Sandra was worried her premiums would increase if the
MCaccident was reported, so she gave Randy $500 in an eﬀort to keep it just between the two of them.
However, Randy ﬁled the claim with his insurance company and received a settlement check for $750. What has Randy violated?
The principle of loss minimization The principle of insurable interest The principle of subrogation
The principle of indemnity

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Specificaties

Niveau: University
School: Walden University
Opleiding: NURSING
Document
Rubriek: Samenvattingen
Gemaakt op: 31-07-2024
Type: .pdf
Pagina's: 63
Taal: English

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