Florida Claims Adjuster Exam | 206 Questions with 100% CORRECT ANSWERs |
Question 1: This optional provision states that if the insured
becomes totally disabled, premiums are waived but the coverage
remains in force:
A. Waiver of Subrogation
B. Waiver of Premium
C. Waiver of Value
D. None of the Above
CORRECT ANSWER: B. Waiver of Premium
Question 2: 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
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