Claims Adjuster > EXAM > FL All Lines Claims Adjuster QUESTIONS AND ANSWERS RATED A || 2024 (All)
What is an eligible building for flood insurance? Correct Answer: A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value abov... e ground level and located within an eligible community What is Builders Risk Coverage? Correct Answer: Covers buildings in the course of completion. Proper coverage is 100% of expected completed value Do all Homeowners policies contain Coverage A? Correct Answer: No, HO-4 (Renters personal property) What is casual labor in workers' compensation? Correct Answer: Labor that is casual, irregular, limited or temporary purpose. What is the waiting period for worker's compensation disability? Correct Answer: 7 days prior to the payment of disability benefits. If a disability lasts more than 21 days, benefits will be paid from the first day of injury. What are the parties to a surety bond Correct Answer: Principle, Obligee, Surety, and Indemnitor How does a crime policy value money and securities? Correct Answer: Money is valued at face value. Securities are valued on the day the loss was discovered. [Show More]
Last updated: 2 weeks ago
Preview 1 out of 6 pages
Connected school, study & course
About the document
Uploaded On
Apr 15, 2024
Number of pages
6
Written in
This document has been written for:
Uploaded
Apr 15, 2024
Downloads
0
Views
7
In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.
We're available through e-mail, Twitter, Facebook, and live chat.
FAQ
Questions? Leave a message!
Copyright © Browsegrades · High quality services·