What is the role of an insurance adjuster?

Prepare for the Insurance Exam with comprehensive study materials, flashcards, and multiple-choice questions. Get hints and detailed explanations to ace your test!

The role of an insurance adjuster primarily revolves around investigating and evaluating insurance claims. This involves assessing the details of a claim, which includes gathering evidence, interviewing claimants and witnesses, and reviewing relevant documentation to determine the validity of the claim and the appropriate compensation owed under the insurance policy. Adjusters are crucial in the process of ensuring that claims are settled fairly and accurately based on the terms of the policy.

In contrast, the other roles listed do not pertain to the core responsibilities of an insurance adjuster. Selling insurance policies is typically the responsibility of insurance agents, while providing legal advice is a function performed by legal professionals, not adjusters. Developing new insurance products involves market research and product design, tasks usually associated with underwriting or product development teams rather than adjusters. Thus, B accurately reflects the primary function of an insurance adjuster.

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