6-20 Claims Adjuster Questions And Answers 100% Verified A+ Guaranteed

Unlike a Customer Representative, a General Lines Claim Adjuster need not be appointed with the Department of Financial Services. A. True B. False {Ans: B. False}Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests {Ans: D. All listed interests}How can you determine how many continuing education hours you need to complete to keep your license active? A. Call the Florida Department of Financial Services (FLDFS); they can obtain that information for you. B. Visit the Florida Department of Financial Services website to view your compliance requirement and transcripts. C. Contact Department of Business and Professional Regulation (DBPR); they can obtain that information for you. D. Both 1 and 2. {Ans: D. Both 1 and 2.}The Loss Settlement Valuation that subtracts an allowance for depreciation is defined as? A. Actual Cash Value B. Replacement Cost C. "Old For New" D. None of the Above {Ans: A. Actual Cash Value}Under Workers Compensation, Employers Liability includes: A. Claims