NY General Adjuster Test Questions with 100% Correct Answers | Latest Version 2024 | Verified

All of the following are eligible for group long term care insurance, EXCEPT: Answer Choices: Select the Correct Answer A group formed as a cooperative to buy insurance at a discount. One or more employer or labor organizations for the benefit of the employees. Any professional, trade or occupational association for the benefit of their bona fide members or retirees. A trust established or maintained for the benefit of members of a qualifying association. - A group formed as a cooperative to buy insurance at a discount is correct. In case of a loss, how many days notice does the insured have after notification of a claim to submit the claim to the underwriters of the ocean marine coverage? 60 Days 90 Days 120 Days 180 Days - 180 days is correct. What are the unique features of the Businessowners policy form? Answer Choices: It provides owned auto and ocean marine coverage The premium is adjustable and is based on number of employeesThe property coverage is open peril with no coinsurance requirement It has fewer exclusions -