This class was created by Brainscape user Ryan Wimmer.

By:

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

More about
Insurance Terms

  • Company name Unspecified
  • Training purpose Unspecified
  • Industry Unspecified
  • Number of employees who could use this Unspecified

The creator of this class did not yet add a description for what is included in this class.

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?

Actuarial F103 - General Insurance
  • 33 decks
  • 1534 flashcards
  • 417 learners
Decks: Chapter 0 Introduction To General Insura, Chapter 1 Insurance Products Background, Chapter 2 Insurance Products Types F203, And more!
Health Insurance and Reimbursement
  • 38 decks
  • 829 flashcards
  • 1188 learners
Decks: Ch 1 Reivew Test, Ch 1 True And False, Ch 1 Fill In The Blank, And more!
Insurance Sales Exam
  • 44 decks
  • 2763 flashcards
  • 44 learners
Decks: Chapter 1 Insurance Overview, Chapter 7 Taxation On Life Insurance, Chapter 4 Life Insurance And Whole Life, And more!
Life Insurance
  • 21 decks
  • 797 flashcards
  • 235 learners
Decks: 2 Life Insurance Basics, 2 Exam Cards, 2 Video, And more!