Florida Insurance Claims Adjuster License Practice Exam

What is an Appointment in insurance terms?

1. A meeting with an insurance agent

2. The authority to sell insurance policies

3. The authority given to transact insurance or adjust claims on behalf of an insurer

4. A scheduled insurance claim adjustment

The correct answer is: The authority given to transact insurance or adjust claims on behalf of an insurer

An appointment in insurance terms means the authority given to an individual or organization to transact insurance or adjust claims on behalf of an insurer. This means that they have the permission and authorization to sell insurance policies or handle insurance claims for a particular insurance company. Option A is incorrect because although an appointment may involve meeting with an insurance agent, it is not the definition of an appointment itself. Option B is incorrect because it refers to the authority to sell insurance policies, not the authority given to transact insurance or adjust claims. Option D is incorrect because it states a specific type of appointment, for insurance claim adjustment, rather than the general definition of an appointment in insurance terms.