Florida Insurance Claims Adjuster License Practice Exam

Image Description

Question: 1 / 400

Loss Sustained coverage applies to losses that occurred and were discovered within what timeframe?

During the policy period

Within one year of the policy's expiration

Within 60 days after its expiration

Both A and B

Loss sustained coverage refers to losses that occurred during the policy period and were discovered within one year of the policy's expiration. Option A is not entirely accurate because it does not mention the one-year timeframe for discovery. Option B is also not entirely accurate because it does not take into account when the loss occurred. Option C is incorrect because it only covers losses discovered within 60 days after the expiration, not when the loss actually occurred. Therefore, option D is the correct answer as it covers both the occurrence and discovery of the loss within the specified timeframe.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Download Florida Insurance Claims Adjuster License Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy