Florida Adjuster Licensing Exam Prep - Questions And Answers

the adjuster's code of ethics starts with a basic premise which states: {Ans: the work of adjusting engages the public trust}What are the defenses to a claim of negligence {Ans: no negligence, contributory negligence, comparative negligence and assumption of risk}an insurance policy is often referred to as a contract of adhesion which means: {Ans: if any of the wording or language in the policy is vague or ambiguous, making it difficult to understand or interpret, the law is well settled that the interpretation shall be in favor of the party who did not control its terms (the policyholder)}describe the coverage's provided in a split limit policy of 10/20/10 {Ans: the coverage provides up to $10,000 of liability protection for bodily injury to any one individual, an aggregate of $20,000 for all bodily injuries regardless of how many individuals, and $10,000 for property damage}when you purchase insurance, you are buying: {Ans: peace of mind that if an insured event does occur, that the insurance company will keep its promise and provide the financial protection that you purchased}the doctrine of proximate cause is defined as {Ans: if there is an unbroken chain of events, or series