CLAIMS ADJUSTER (Business Insurance) FLORIDA EXAM TEST LATEST UPDATED AND A+ VERIFIED.

CLAIMS ADJUSTER (Business Insurance) FLORIDA EXAM TEST LATEST UPDATED AND A+ VERIFIED.

When a person has lost stock certificates, bonds or similar instruments, a
bond is generally required by the issuing company to reissue the
document. This is known as a:
A. Public Official Bond
B. Lost Instrument Bond
C. Public Instrument Bond
D. None of the Above
Verified Answer -B. Lost Instrument Bond
Also guarantees to save issuer from any loss growing out of lost
instrument
A __________ is a selected group of hospitals and medical practitioners in
a given area who have joined together in an effort to reduce medical
costs.
A. HMO
B. Major Medical Insurance
C. Coinsurance
D. PPO
Verified Answer -D. PPO
Most plans provide that emergency treatment will be paid even if treated
party does not go to service provider on approved list.
Define the coverage that pays a flat amount per day for hospitalization,
regardless of expenses or other insurance:
A. Hospitilization
B. Hospital Indemnity
C. Hospital Services
D. All of the Above
Verified Answer -B. Hospital Indemnity