Nfip Study guides, Class notes & Summaries
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NFIP Questions with Correct Answers
- Exam (elaborations) • 4 pages • 2024
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For what type of property may an applicant or insured choose a maximum deductible of $10,000? CORRECT ANSWER A residential building 
 
Your client lives in a flood zone A. What type of flood risk is his property subject to? CORRECT ANSWER High 
 
A waiting period in flood insurance is usually CORRECT ANSWER 30 days 
 
What would happen if an agent submitted a flood insurance application for a drive in bank teller unit or a pumping station? CORRECT ANSWER Coverage would be declined 
 
More than 2...
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Lesson 1 - Introduction to NFIP Claims Review Exam Questions With Correct Answers
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The Adjuster's Role - Answer * Handle the claim 
* Make recommendations 
* Share recommendations with policyholder 
 
Does not have authority to approve/deny claims 
 
Customer Service - Answer * Expected to create a favorable impression of the NFIP. 
 
* Demonstrate professionalism in work practices & products & in interpersonal communications. 
 
* Improve policyholder's understanding of the SFIP 
 
The Flood Certification Number (FCN) Identification - Answer The FCN card identifies you as ...
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NFIP Flood Insurance Exam Questions and Answers
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NFIP Flood Insurance Exam Questions and Answers 
WYO Program - ️️ "Write your own" insurers write the coverage on their own "paper" 
but the NFIP reinsures 100% of the coverage 
Wait period for policy to become effective - ️️ 30 days, this is done to avoid panic 
buying before disasters strike 
Standard Flood Insurance Policy (SFIP) - ️️ Defines coverage, limits , and exclusions 
for NFIP flood Insurance policies with terms and conditions unique to the NFIP 
- NFIP insurers can O...
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Hawaii Adjuster Exam Completely Verified Answers
- Exam (elaborations) • 49 pages • 2024
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Which of the following statements is NOT TRUE regarding the "Extended Period of Indemnity" option of the Business Income form? - ANSWER-The coverage applies for 120 days following the period of restoration 
 
When a Hawaii employee sustains an injury requiring medical treatment beyond first aid, how long does the employer have to report the accident to the Director of Labor and Industry relations? - ANSWER-7 working days 
 
After paying a claim an insurance company may have the right to pursue...
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NFIP EXAM QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED!!
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NFIP EXAM QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED!!
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Florida Public Adjuster State Test| 100 QUESTIONS| 100% CORRECT ANSWERS
- Exam (elaborations) • 9 pages • 2022
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Florida No-Fault Tort Exemption Correct Answer: Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 
 
4 Exceptions to Tort Exemption(Threshold of No-Fault) Correct Answer: 1. Significant and Permanent loss of bodily function. 
2.Permanent injury other than scarring and disfigurement. 
3.Significant and Permanent scarring or disfigurement. 
4.Death 
 
What does NFIP stand for? Correct Answer: National Flood Insurance Program 
 
Form SR-22 Corr...
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National Flood Insurance Program (NFIP) Questions with Correct Answers
- Exam (elaborations) • 5 pages • 2024
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National Flood Insurance Program (NFIP) Questions with Correct Answers
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NJ PSI Property and Casualty Exam 2023 with 100% correct answers
- Exam (elaborations) • 8 pages • 2023
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The Mobile Home Endorsement of a Homeowners policy affords coverage to mobile homes under the? 
A. HO-1 (Basic Form) 
B. HO-2 (Broad Form) 
C. HO-3 (Special Form) 
D. HO-2 or HO-3 (Broad and Special) 
D. HO-2 or HO-3 (Broad and Special) 
 
 
 
All of the following are eligible for coverage under Homeowners policy except? 
A. A condominium unit owner. 
B. A farm owner. 
C. A mobile home owner. 
D. A tenant in an apartment building. 
B. A farm owner. 
 
 
 
The term Insured Location under Section ...
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NFIP Flood Insurance Exam Questions With Correct Answers
- Exam (elaborations) • 5 pages • 2023
- Available in package deal
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- $10.49
- + learn more
WYO Program - Answer "Write your own" insurers write the coverage on their own "paper" but the NFIP reinsures 100% of the coverage 
 
Wait period for policy to become effective - Answer 30 days, this is done to avoid panic buying before disasters strike 
 
Standard Flood Insurance Policy (SFIP) - Answer Defines coverage, limits , and exclusions for NFIP flood Insurance policies with terms and conditions unique to the NFIP 
- NFIP insurers can ONLY use the SFIP 
 
How to cancel a policy - Ans...
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NJ Property/ Casualty Insurance Exam Set Questions and Answers Already Passed
- Exam (elaborations) • 82 pages • 2024
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NJ Property/ Casualty Insurance Exam 
Set Questions and Answers Already 
 
Passed 
 
Why was the commercial Insurance Deregulation Act Created? To protect the public from 
the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices 
 
Which policies issued must follow the provisions of the Commercial Insurance Deregulation 
Act? Commercial policies 
 
When must rate amendments & policy forms be filed with the commissioner? 30 days before 
 
What losses are e...
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