This topic contains a solution. Click here to go to the answer

Author Question: Antonio is a claims adjustor for LMN Insurance Company. After the insurer is notified that there has ... (Read 44 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
Antonio is a claims adjustor for LMN Insurance Company. After the insurer is notified that there has been a loss, Antonio meets with the insured. The first step in the claims process that Antonio should follow is to
 
  A) determine the amount of the loss.
  B) attempt to deny the claim regardless of whether he believes the claim is covered.
  C) verify that a covered loss has occurred.
  D) delay paying the claim if the claim is covered.

Question 2

Functions of an insurance company's legal department include which of the following? I. Lobbying for legislation favorable to the insurance industry. II. Drafting policy provisions.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

Answer: C

Answer to Question 2

Answer: C




cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jul 11, 2018
Excellent


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library