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2024 LATEST Insurance Adjuster Exam

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Which kind of losses are covered under a standard fire policy? - ANSWER Direct All fires are not covered by the Standard Fire policies, only those that: - ANSWER are hostile and have a flame or glow At what time does a fire policy go into affect? - ANSWER 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximum amount the insured may collect under eac...

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  • uploaded  20-02-2024
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