Module 1 – Introduction to Loss Inventory Services Sorry, but you're not allowed to access this unit. Module 1 - Quiz - Introduction to Loss Inventory ServicesYou'll need to correctly answer at least 8 of the 10 questions below (at least 80%) to progress to the next unit.Question #1: When providing a loss inventory, you will most likely find the client stressed out and possibly very short tempered. It is important to maintain a friendly, respectful voice and actions. True False Question #2: When someone has a loss, the insurance company has a duty to provide coverage even if the policyholder does not comply with specified duties. True False Question #3: Covered personal property losses are settled at actual cash value at the time of loss but not more than the amount required to repair or replace the items. True False Question #4: You can better serve your loss inventory client if you educate yourself on the basics of insurance and the loss recovery process. True False Question #5: Since you are hired by the client, it is not recommended to introduce yourself to the adjuster and insurance agent. True False Question #6: When items are completely destroyed beyond recognition, there is no way the client can remember and claim these items. True False Question #7: Your client will be the most important and most beneficial source to enable you to locate accurate prices when it’s time to assign values. True False Question #8: There are three major hazards a loss inventory professional should watch for: 1) animals, 2) falls, and 3) electrical hazards. True False Question #9: The Insurance Services Office states that after a loss, the policyholder or a representative is to prepare an inventory of damaged personal property showing the quantity, description, actual cash value, and amount of loss. True False Question #10: One of the hazards you could face when providing loss inventory services is the presence of either wild and domestic animals. True False 0% Twitter Facebook Google+ LinkedIn