NY Independent General Adjuster Exam - Series 17-70 | 200 Questions with 100% Correct Answers | Latest Update 2024 | Verified

Dram Shop Liability refers to: - Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? - Neglect. To be eligible for the New York assigned risk auto plan a person must: - Hold a valid driver's license. Any insurance adjuster whose license has been revoked for cause will not be entitled to apply for any other insurance license in New York until at least: - One Year. A typical benefit design for a long term care policy does not include a: - Conditionally or optionally renewability feature. In New York the workers compensation program is administered by the Workers Compensation Board which establishes guidelines for the program. Notice of injury or death to a worker is required to be submitted to the employer within what period of time? - 30 Days. A common carrier is not held liable for the loss of a shipper's goods when the loss results from: - An Act of God. If one is found guilty of federal insurance fraud, who can permit the guilty individual to return to the insurance business? - Only an insurance regulatory official. When is a passenger first covered under an aircraft policy? - When Entering the Aircraft