Florida Insurance Claims Adjuster License Practice Exam

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Prepare for the Florida Insurance Claims Adjuster Test. Access multiple choice questions, flashcards, and detailed explanations to enhance your knowledge and confidence. Start mastering the material today!

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What is the Death Benefit amount for PIP?

  1. $2,500

  2. $5,000

  3. $7,500

  4. $10,000

The correct answer is: $5,000

The Death Benefit amount for PIP (Personal Injury Protection) is $5,000. This is the minimum amount required by most states, but can vary depending on individual policies. Option A, $2,500, is lower than the standard amount and may not cover all necessary expenses in the event of a death. Option C, $7,500, and option D, $10,000, are both higher than the standard amount and may result in higher premium costs for the individual. Therefore, option B is the most appropriate and commonly used Death Benefit amount for PIP.