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NY INDEPENDENT GENERAL ADJUSTER
EXAM - SERIES 17-70|CERTIFIED Q&A
2026
The disability income rider which protects against the erosion of purchasing
power for fixed disability benefits is known as the: - correct-answer - Cost of
Living Adjustment rider (COLA)
Which type of Crop Insurance Policy covers the entire farm instead of an
individual crop? - correct-answer - Adjusted Gross Revenue (AGR)
Under the CGL Policy, tangible property other than "your property" or "your
work" that cannot be used or is less useful due to your faulty work or your work
not completed on time is called: - correct-answer - Impaired Property.
,2|Page
What type of coverage would a heating and cooling contractor need when work
has been done on a newly renovated building but not yet accepted by the owner?
- correct-answer - Installation Floater.
In a standard workers compensation policy, when would employer's liability
coverage apply? - correct-answer - For employee-injury claims that are outside
the scope of the workers compensation law.
Which of the following is not an "additional coverage" under homeowners liability
Section II coverage? - correct-answer - Payments made by the insurer to settle a
claim.
Symbol 2 is entered for one of the physical damage coverages in the declarations
of the BAP. The insured buys an additional auto after the policy begins. The newly
acquired auto will become a covered auto: - correct-answer - Automatically.
,3|Page
What is a requirement that a professional association must meet to obtain group
insurance? - correct-answer - It must have been in existence for at least two
years.
Third-party provisions allow for an entity that lends money to an insured to
purchase property, to be named on the insurance for that property. In property
insurance, this is known as a "standard mortgage clause." In auto insurance, it is
known as: - correct-answer - Loss payable clause.
Technician A says that when acoustical foam is removed during the repair, it is not
necessary to replace it. Technician B says the acoustical materials should be
replaced with structural foam to maintain structural sound requirements. Who is
right? - correct-answer - Neither.
, 4|Page
The insured carries auto insurance in New York and has purchased the
Supplementary Uninsured Motorist Coverage (SUM). This coverage: - correct-
answer - Replaces the statutory uninsured motorist coverage.
Substitute services will provide: - correct-answer - $25 per day for one year.
Entering into any agreement to commit, or by any concerted action committing,
any act resulting in or tending to result in unreasonable restraint of the business
of insurance is an example of: - correct-answer - Coercion.
An employee has been asked to use his own personal vehicle to perform certain
tasks on behalf of his employer. What coverage is used under the business auto
policy to protect the employer for lawsuits when the employee has an accident
that causes legal action against the employer? - correct-answer - Employers non-
ownership coverage.
NY INDEPENDENT GENERAL ADJUSTER
EXAM - SERIES 17-70|CERTIFIED Q&A
2026
The disability income rider which protects against the erosion of purchasing
power for fixed disability benefits is known as the: - correct-answer - Cost of
Living Adjustment rider (COLA)
Which type of Crop Insurance Policy covers the entire farm instead of an
individual crop? - correct-answer - Adjusted Gross Revenue (AGR)
Under the CGL Policy, tangible property other than "your property" or "your
work" that cannot be used or is less useful due to your faulty work or your work
not completed on time is called: - correct-answer - Impaired Property.
,2|Page
What type of coverage would a heating and cooling contractor need when work
has been done on a newly renovated building but not yet accepted by the owner?
- correct-answer - Installation Floater.
In a standard workers compensation policy, when would employer's liability
coverage apply? - correct-answer - For employee-injury claims that are outside
the scope of the workers compensation law.
Which of the following is not an "additional coverage" under homeowners liability
Section II coverage? - correct-answer - Payments made by the insurer to settle a
claim.
Symbol 2 is entered for one of the physical damage coverages in the declarations
of the BAP. The insured buys an additional auto after the policy begins. The newly
acquired auto will become a covered auto: - correct-answer - Automatically.
,3|Page
What is a requirement that a professional association must meet to obtain group
insurance? - correct-answer - It must have been in existence for at least two
years.
Third-party provisions allow for an entity that lends money to an insured to
purchase property, to be named on the insurance for that property. In property
insurance, this is known as a "standard mortgage clause." In auto insurance, it is
known as: - correct-answer - Loss payable clause.
Technician A says that when acoustical foam is removed during the repair, it is not
necessary to replace it. Technician B says the acoustical materials should be
replaced with structural foam to maintain structural sound requirements. Who is
right? - correct-answer - Neither.
, 4|Page
The insured carries auto insurance in New York and has purchased the
Supplementary Uninsured Motorist Coverage (SUM). This coverage: - correct-
answer - Replaces the statutory uninsured motorist coverage.
Substitute services will provide: - correct-answer - $25 per day for one year.
Entering into any agreement to commit, or by any concerted action committing,
any act resulting in or tending to result in unreasonable restraint of the business
of insurance is an example of: - correct-answer - Coercion.
An employee has been asked to use his own personal vehicle to perform certain
tasks on behalf of his employer. What coverage is used under the business auto
policy to protect the employer for lawsuits when the employee has an accident
that causes legal action against the employer? - correct-answer - Employers non-
ownership coverage.
