Florida Insurance Claims Adjuster License Practice Exam

Which form applies only to BI or PD claims received or recorded during the policy period?

1. The Claims-Made form

2. The Occurrence form

3. The Retroactive form

4. The Intentional Injury form

The correct answer is: The Claims-Made form

The Claims-Made form applies only to BI (bodily injury) or PD (property damage) claims that are received or recorded during the policy period. This is different from the Occurrence form, which covers claims that occurred during the policy period regardless of when they are reported. The Retroactive form applies to claims that occurred before the policy period but were reported during the policy period. The Intentional Injury form applies to claims that involve intentional harm caused by the insured. Therefore, out of the given options, the Claims-Made form is the only one that specifically applies to BI or PD claims received or recorded during the policy period.