Question
1)One of the following is not one of the types of claims adjustors in insurance: a. An independent adjustor that adjusts claims for a fee
1)One of the following is not one of the types of claims adjustors in insurance:
a.
An independent adjustor that adjusts claims for a fee per claim
b.
A salaried independent adjustor of claims
c.
A salaried company adjustor employee who will investigate a claim, determine the amount of loss, and arrange for payment.
d.
A public adjustor represents the insured and is paid a fee based on the amount of the claim settlement
2)Which of the following is not an information source for underwriting:
a.
Physical inspection
b.
The agents report
c.
The brokers report
d.
Underwriting application
e.
Inspection report
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started