This class was created by Brainscape user Caroline Griffin. Visit their profile to learn more about the creator.
By:
Caroline Griffin
- decks
- flashcards
- learners
Decks in this class (46)
1/A - What is Insurance?
Insurance,
How an insurance contract works,
Spreading risk
10
cards
1/B - Characteristics of Insurance Contracts
Personal contract,
Adhesion,
Utmost good faith
14
cards
1/C - Types of Insurers
Government insurers,
Private insurers,
Stock insurance companies
17
cards
1/D - Hazards and Risk
Risk 2 meanings,
Speculative risk,
Pure risk
18
cards
1/E - Risk Management
Intro to risk management,
Avoidance,
Reduction
6
cards
1/F - Important Terms
Simple insurance terms,
Policy period,
Binder
9
cards
1/G - Types of Hazards and Fraud
Types of hazards,
Moral hazard,
Morale hazard
7
cards
1/H - Cause and Loss
Proximate cause,
Occurrence,
Occurrence as proximate cause
7
cards
1/I - Interest, Subrogation, and Claims
Insurance claims,
First party claim,
Third party claim
15
cards
1/J - Valuation, Deductibles, and Coinsurance
Valuation,
Actual cash valuation,
Depreciation
12
cards
2/A - The Agent and Authority
Agent,
Agent s authority,
Power to bind
15
cards
2/B - What is Adjusting?
Who is a claimant,
The claim function,
What is an insurance adjusters
18
cards
2/C - Adjusting the Claim
The claim,
The steps of the claims process,
Acknowledge the claim
21
cards
2/D - Settling the Claim
Responding to the claim,
Accept and pay,
Refuse and deny
18
cards
2/E - Negotiation
Negotiation,
Liability vs property claims,
Negotiation the preliminaries
32
cards
2/F - Common Policy Provisions
Common policy provisions,
Cancellation and nonrenewal,
Unearned premiums
36
cards
3/A - Preface: The Standard Fire Policy
Introduction,
History,
165 line policy
14
cards
3/B - Dwelling
Dwelling policy eligibility,
Eligible structures,
Dwelling forms
30
cards
3/C - Personal Auto
The pap personal auto policy,
Pap eligibility,
Pap coverage
54
cards
3/D - Farm Insurance
Farm,
Types of insurance provided,
Eligibility
37
cards
3/E - Crop Insurance
Crop insurance definitions,
Crop yield insurance,
Crop hail insurance
48
cards
4/A - Commercial Property Insurance
Overview of commercial property i...,
The commercial property policy,
Contents of the dec page
71
cards
4/B - Commercial General Liability
What a commercial general liabili...,
Chapter outline,
Occurrence vs claims made
52
cards
4/C - Professional Liability
What does it cover,
Malpractice,
Errors and omissions insurance
13
cards
4/D - Surety Bonds and Fidelity Coverages
Surety bonds,
Suretyship,
Parties to the surety bond contract
36
cards
4/E - Commercial Package Policies
Commercial package policies,
Benefits to policyholders,
Representative lines of coverage
49
cards
4/F - Commercial Auto
Basic business auto policy bap,
Coverage symbols 1 3,
Coverage symbols 4 6
26
cards
4/G - Commercial Crime Insurance
Commercial crime insurance,
Commercial or government crime an...,
Two forms of commercial crime ins...
32
cards
4/H - Boiler and Machinery
Equipment breakdown protection co...,
Breakdown,
Covered equipment
28
cards
5/A - Flood Insurance
Intro to flood insurance,
The nfip,
Flood insurance rate map firm
30
cards
5/B - Mechanical Breakdown
Mechanical breakdown insurance mbi,
Coverage,
Maintenance features of mbi policy
5
cards
5/C - Umbrella and Excess Liability
Excess liability and umbrella pol...,
Coverage,
Excess liability and the base policy
8
cards
5/D - Ocean Marine Insurance
Nationwide marine definition,
Implied warranties of an ocean ma...,
Seaworthiness
26
cards
5/E - Inland Marine Insurance
Inland marine insurance an overview,
Eligible property,
Controlled line floaters
32
cards
5/F - Aviation Insurance
Aviation insurance,
Aviation risk pool,
Aviation insurance policies
20
cards
5/G - AR Workers' Compensation Insurance
What is workers comp,
Before workers comp,
Monopolistic vs competitive
11
cards
5/H - Health Insurance
Evidence of coverage,
Deductible copayment coinsurance,
Out of pocket network provider ca...
17
cards
5/I - AR Residual Markets
0
cards
5/J - Additional Coverages
Additional coverages,
Time element insurance,
Business interruption insurance
9
cards
5/K - Federal Terrorism Insurance
History of federal terrorism insu...,
Terrorism risk insurance act tria,
Coverage
6
cards
6/C - Fiduciary Duty and Ethics
Fiduciary duty,
Liasion,
Ethical behavior
30
cards
6/D.1 - AR Unfair Trade Practices
Ar unfair competition and unfair ...,
Unfair claims settlement practices,
Miscellaneous prohibited practices
7
cards
6/D.2 - AR Consumer Privacy Protection
Fcra,
Iippa,
Hipaa
3
cards
6/E - AR Adjuster Licensing and the Role of the Commissioner
License and lines of authority,
Qualifications and process,
License maintenance
5
cards
6/F - Fraud
Insurance fraud,
Hard soft fraud,
Fraud is a big problem
16
cards
6/G - Insurance Rating
Insurance rating,
Rating system,
Auto insurance ratings
5
cards
More about
insurance adjusting
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Caroline Griffin's Insurance Adjusting flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
CIP C110 - Essentials of Loss Adjusting
- 19 decks
- 432 flashcards
- 12 learners
Decks:
Study 1 Claims And The Law Key Terms, Study 1 Claims And The Law Summary, Study 2 The Claims Environment Key Terms, And more!
Insurance Flash Cards
- 15 decks
- 433 flashcards
- 1015 learners
Decks:
Book 1 Study 1, Book 1 Study 2, Book 1 Study 3, And more!
TX P&C INSURANCE ALL LINES ADJUSTER C...
- 2 decks
- 151 flashcards
- 9 learners
Decks:
Tx All Lines Adjuster Course, Glossary, And more!
