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ADJUSTERPRO FINAL EXAM LATEST QUESTIONS AND VERIFIED ANSWERS BY EXPERT 100% GUARANTEED PASS LATEST UPDATED & VERIFIED

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ADJUSTERPRO FINAL EXAM LATEST QUESTIONS AND VERIFIED ANSWERS BY EXPERT 100% GUARANTEED PASS LATEST UPDATED & VERIFIED
**1. Which of the following is found in the declarations page of
an insurance policy?**
- Implied ANSWER: The name of the insured party
- Verification: Correct. The declarations page includes key
details like the insured’s name, policy number, coverage limits,
and effective dates.
- ANSWER: The name of the insured party
---
**2. Which of the following best defines the principle of
indemnity?**
- Implied ANSWER: After a loss, the insured should be restored
to his approximate financial condition before the loss
- Verification: Correct. The principle of indemnity aims to
restore the insured to their pre-loss financial state, not to profit.
- ANSWER: After a loss, the insured should be restored to his
approximate financial condition before the loss 

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