New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A person who investigates claims and recommends

    settlement options based on estimates of damage and insurance policies held is called?
    A Adjuster Correct Answer Incorrect Answer
    B Agent Correct Answer Incorrect Answer
    C Service Provider Correct Answer Incorrect Answer
    D Aggregate Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A claims adjuster investigates insurance claims to determine the extent of the insuring company's liability. Claims adjusters may handle property claims involving damage to structures, and/or liability claims involving personal injuries or third-person property damage. A claims adjuster reviews each case by speaking with the claimant, interviewing any witnesses, researching records (such as police or medical records) and inspecting any involved property

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