This class was created by Brainscape user Ryan Wimmer. Visit their profile to learn more about the creator.
By:
Ryan Wimmer
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Decks in this class (15)
Module 1-A - What is Insurance
Insurance 1,
Indemnify 2,
Indemnification 3
15
cards
Module 1-B-Characteristics of Insurance Contracts
Adhesion 1,
Certificate of insurance 2,
Conditions 3
14
cards
Module 1-C-Types of Insurers
Fraternal benefits society 1,
Government insurance 2,
Mutual insurance company 3
11
cards
Module 1-D - Hazards and Risks
Declined coverage 1,
Exposure 2,
Named peril policy 3
9
cards
Module 1-E - Risk Management
Risk avoidance 1,
Risk management 2,
Risk reduction 3
5
cards
Module 1-F - Important Terms
Binder 1,
Concealment 2,
Estoppel 3
10
cards
Module 1-G - Types of Hazards and Frauds
Insurance fraud 1,
Fraud hard 2,
Fraud soft 3
8
cards
Module 1-H - Cause and Loss
Cause of loss 1,
Loss direct 2,
Loss indirect 3
5
cards
Module 1-I - Interest, Subrogation and Claims
Evaluation 1,
First party claim 2,
Interest 3
5
cards
Module 1-J - Valuation, Deductibles and Coinsurance
Accumulated depreciation 1,
Actual cas value acv 2,
Agreed value 3
17
cards
Module 1-K - Liability Insurance and Policy Limits
Bodily injury 1,
Dangerous instrumentality doctrine 2,
Intervening cause 3
15
cards
Module 1-L - Liability and Law
Answer 1,
Breach of product warranty 2,
Civil law 3
26
cards
Module 2-A - The Agent and Authority
Agency authority 1,
Agency authority apparent 2,
Agency authority express 3
7
cards
Module 2-B - What is Adjusting
Adjuster 1,
Adjuster emergency 2,
Adjuster independent 3
10
cards
Module 2-C - Adjusting the Claim
Claim 1
1
cards
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Insurance Terms
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