Insurance WAEC

One of the duties of a loss adjustor is?

A. advice the claimant on claims processing
B. ensure prompt payment of claims
C. estimate maximum loss
D. investigate the cause of loss

Correct Answer: Option C

C. estimate maximum loss

Explanation

Loss Adjusters, also known as claims adjusters, work for insurance companies and examine property damage to determine how much an insurance company should compensate the claimant.

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