10 Question Insurance Law Test
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Transcript of 10 Question Insurance Law Test
![Page 1: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/1.jpg)
True | False Test
10 Questions
Write Down Your Answers
![Page 2: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/2.jpg)
1. An insurance company has exclusive control over the evaluation, processing and denial or payment of claims.
![Page 3: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/3.jpg)
TRUE
![Page 4: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/4.jpg)
2. Filing claims is an adversarial process. An insurance company must look out for their own interest first.
![Page 5: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/5.jpg)
FALSE
![Page 6: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/6.jpg)
3. An insurance company can request that the insured pay for their own claim investigation.
![Page 7: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/7.jpg)
FALSE
![Page 8: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/8.jpg)
4. An insurance company must have a reasonable basis for resolving factual issues in its favor and against its insured.
![Page 9: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/9.jpg)
TRUE
![Page 10: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/10.jpg)
5. An insurance company may not make unreasonably low claim payments.
![Page 11: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/11.jpg)
TRUE
![Page 12: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/12.jpg)
6. It is acceptable for an insurance company to under scope damage.
![Page 13: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/13.jpg)
FALSE
![Page 14: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/14.jpg)
7. The insured is required to provide the carrier with three estimates.
![Page 15: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/15.jpg)
FALSE
![Page 16: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/16.jpg)
8. The deductible for a hurricane is the same as a hail storm or fire peril.
![Page 17: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/17.jpg)
FALSE
![Page 18: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/18.jpg)
9. You must file your NFIP flood claim within one year after the flood.
![Page 19: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/19.jpg)
TRUE
![Page 20: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/20.jpg)
10. You cannot challenge the carrier’s determination that the property is underinsured.
![Page 21: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/21.jpg)
FALSE
![Page 22: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/22.jpg)
Total Your Score
![Page 23: 10 Question Insurance Law Test](https://reader036.fdocuments.in/reader036/viewer/2022062420/55b6a350bb61eba51b8b45fe/html5/thumbnails/23.jpg)
Contact UsWeb | www.ike-claims.org
Phone | 888.472.9664