Florida Insurance Claims Adjuster License Practice Exam 2026 - Free Insurance Claims Adjuster License Practice Questions and Study Guide

Question: 1 / 400

What is concealment in insurance terms?

The act of causing a loss

A guarantee of a fact

The failure to reveal relevant facts

Concealment in insurance terms refers to the failure to reveal or disclose relevant facts that may affect the insurance policy or coverage. Option A, causing a loss, is not related to concealment and is not a factor in insurance terms. Option B, guaranteeing a fact, is also not related to concealment and is not a common term in insurance. Option D, an abandonment clause, refers to the actions taken by an insured to give up their right to make a claim on their insurance policy, and is not directly related to the concept of concealment. Therefore, option C, the failure to reveal relevant facts, is the most accurate and applicable definition of concealment in insurance terms.

Get further explanation with Examzify DeepDiveBeta

An abandonment clause

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy