In the Event of a Loss You Should Do All

question 49

Multiple Choice

In the event of a loss you should do all of the following except

• A)report your loss immediately.
• B)refrain from making any repairs until the claims adjuster has seen the damage.
• C)make a detailed list of everything that is lost or damaged.
• D)maintain records of the insurance settlement process.

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Definitions:

Internet Time

A concept indicating the accelerated rate of change and innovation attributed to the widespread adoption and influence of the Internet.

Vision

Describes the ability to think about or plan the future with imagination or wisdom.

Mission

The fundamental purpose or goal of an organization, often described in a mission statement.

Tactical Plans

Short-term strategies designed to implement specific aspects of a larger strategic plan.