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FLORIDA CERTIFIED CLAIMS ADJUSTER
EXAM NEWEST 2025 ACTUAL EXAM
COMPLETE 500 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+
Question: What does Actual Cash Value mean?
Answer: The amount minus depreciation
Question: What does Replacement Cash Value mean?
Answer: The amount to replace with new
Question: How many hours of continuing education do you need
every 2 years?
Answer: 24 hours of continuing education; 5 hour law and ethics
update
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Question: How long do you have without an appointment before
losing your license?
Answer: 48 months
Question: Florida's insurance industry is overseen by whom?
Answer: The division of insurance agents and agency services
Question: Written health insurance polices are required by
which type of policy?
Answer: Individual policy's
Question: Fraudulent misstatement or information can be used
to:
Answer: deny claims for current or pre-existing conditions
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Question: First dollar medical insurance is what?
Answer: Basic medical expense insurance. Pays benefits up
from without the patient having to first pay deductible
Question: Hospitalization indemnity insurance is
Answer: insurance that pays for the costs associated with
staying in a hospital
Question: Accident insurance is:
Answer: coverage for expenses arising from accidents, including
loss of income
Question: Dread Disease Insurance/critical disease is:
Answer: Health insurance coverage only for a specified
catastrophic disease such as a cancer
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Question: Major Medical Insurance
Answer: insurance that includes treatment for long-term, high-
cost illnesses or injuries and inpatient and outpatient expenses
Question: What is HMO?
Answer: insurance group that provides health services for a
fixed fee, no out of network coverage; and provides health insurance at the lowest possible cost
Question: What is PPO insurance?
Answer: Comprised of a selected group of medical practitioners
and hospital who have joined together with the goal of reducing medical costs; a fixed rate for out of network hospitals