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WV Licensing Exam 2025 Questions and Answers
WV Licensing Exam 2025 Questions and Answers
Course:
West Virginia Adjuster
Institution:
West Virginia Adjuster
WV Licensing Exam 2025 Questions and Answers
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| Uploaded on: | September 14, 2025 |
| Last updated: | September 14, 2025 |
| Number of pages: | 29 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | WV Licensing Exam 2025 Questions and Answers |
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WV Licensing Exam 2025 Questions and Answers How long does an insurance company have to pay a mine subsidence claim? - -Answer --120 days after receiving proof of loss If a black lung employee dies, how long does family have to enter a claim? - -Answer --2 years What is the "value policy law" with regard to insurance? - --Answer -- Maximum payout = policy limit - deductible. HAVE to pay out the policy limit in the event of a total loss (even if it's not worth it). What are some features of the Standard Fire Policy under the FAIR Plan? - -Answer --It's limited to actual property listed (named perils) Applies only to the location If property has to be moved to avoid damage, it's auto-covered for 5 days (removal from premises) ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
