CFP Module 4

Learning Objectives 4-1: Analyze a given situation to identify the legal obligation of the principal in relation to the agent, broker, or insured. 4-2: Identify roles of the adjuster in the loss adjustment process. 4-3: Describe policy provisions and options for the insured or insurer in settling losses. 4-4: Calculate the amount paid on covered losses under coinsurance and deductible clauses in a given situation. 4-5: Evaluate the relevant factors in assessing an insurance agent in ord