Florida Insurance Claims Adjuster License Practice Exam 2025 - Free Insurance Claims Adjuster License Practice Questions and Study Guide

Question: 1 / 400

What does the Retroactive Date establish?

The expiry of the insurance policy

The original policy date for a series of claims made policies

The Retroactive Date is the original policy date for a series of claims made policies. This means that any incidents or claims that occurred before this date will not be covered by the policy. Therefore, options A, C, and D are incorrect because they do not accurately describe the purpose of the Retroactive Date. Option A refers to the expiry of the policy, which may or may not coincide with the Retroactive Date. Option C refers to the deadline for filing a claim, which is typically a separate date set by the insurance company. Option D refers to the beginning of the policy period, which may or may not align with the Retroactive Date. Ultimately, the Retroactive Date is important for determining coverage for claims made during the policy period, and it is important to understand this date when purchasing or renewing an insurance policy.

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The deadline for filing a claim

The beginning of the policy period

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