SC Claims Adjuster Practice Questions - South Carolina Claims Adjuster Exam

What is 'fiduciary duty' for an adjuster?

The duty to maximize profits A duty of trust requiring the adjuster to act with integrity, handle funds properly, and act in the best interest of the party they represent The duty to minimize all claims The duty to sell insurance

Correct Answer:

A duty of trust requiring the adjuster to act with integrity, handle funds properly, and act in the best interest of the party they represent

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