NGN ATI FLORIDA CLAIMS ADJUSTER LATEST EXAM 2023-2024/ QUESTIONS AND CORRECT ANSWERS|GRADED A+

NGN ATI FLORIDA CLAIMS ADJUSTER LATEST EXAM 2023-2024/ QUESTIONS AND CORRECT ANSWERS|GRADED A+ The following are basic characteristics of a property or liabilityinsurance contract, except: A. Personal Contract B. Conditional Contract C. Loss of Settlement Contract D. Contract of Adhesion - ANSWER- Loss of Settlement Contract The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss, to protect the property against further loss, and to give the insurerproof of the loss is defined as? A. Conditional ContractB . Adhesion Contract C. Indemnity Contract D. All of the Above - ANSWER- Conditional Contract"may be conditioned" If financial responsibility doesn't exist at the time of an accident, whichof the following things must happen to avoid penalties? A. The legally valid claims of others must be satisfied (up to 10/20/10)B. The owner and operator must provide certification of future responsibility for future accidents