Florida Insurance Claims Adjuster License Practice Exam

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Under Basic PIP Benefits, what is the percentage for loss of gross income reimbursement?

  1. 50%

  2. 60%

  3. 80%

  4. 100%

The correct answer is: 60%

Under Basic PIP Benefits, the percentage for loss of gross income reimbursement is 60%. This means that if you are unable to work due to injuries sustained in a car accident, your insurance will reimburse you for 60% of your lost income during this time period. It is important to note that this only applies to basic Personal Injury Protection (PIP) Benefits and may vary depending on your state or insurance policy. Option A (50%) and C (80%) are incorrect percentages and option D (100%) is incorrect because it states full reimbursement, which may not always be the case.

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