Final answer:
The adjuster code of ethics includes several elements, such as treating all claimants equally, disclosing financial interests, and acting with speed and care. However, ensuring that the claimant's attorney understands their rights is not a part of the adjuster code of ethics.
Step-by-step explanation:
The adjuster code of ethics includes several elements that govern the behavior of adjusters when handling claims. A few of these elements are:
- Treating all claimants equally: Adjusters are expected to be fair and impartial when assessing and settling claims, regardless of the claimant's background or circumstances.
- Disclosing all direct and indirect financial interests: Adjusters must disclose any financial interests they have in the claim they are adjusting to maintain transparency and avoid conflicts of interest.
- Acting with speed and care in completing the adjusting process: Adjusters are required to handle claims efficiently and diligently, ensuring the process is completed in a timely manner without compromising accuracy or attention to detail.
However, one element that is not a part of the adjuster code of ethics is: Ensuring that the claimant's attorney understands his rights. While adjusters are expected to communicate effectively and provide accurate information to claimants, it is not their responsibility to ensure the claimant's attorney understands their rights. That role falls under the purview of the attorney.