Adjuster Pro - Insurance Adjuster Test 2024 Questions & Answers Guaranteed Pass.

Workers compensation {Ans: Restrict right of an employee to sue his employer for injuries that occurred on the job}Policy limit {Ans: The maximum amount the insurance company will pay for covered losses}proximate cause {Ans: Unbroken chain of events between an occurrence and a loss - then that occurrence is the proximate cause of the loss}Contributory Negligence {Ans: A legal defense that may be raised when the defendant feels that the conduct of the plaintiff somehow contributed to any injuries or damages that were sustained by the plaintiff.}Single limits {Ans: Establishes maximum payout for liability damages caused by the policy holder}Actual Cash Value (ACV) {Ans: Replacement cost minus accumulated depreciation}