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NY Independent General Adjuster Practice Exam Questions With Answers

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NY Independent General Adjuster Practice Exam Questions With Answers

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NY Independent General Adjuster Practice
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Exam Questions With Answers
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Which of the following is covered by a dread disease policy? -
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CORRECT ANSWERS(S)✔✔illnesses that do not occur frequently
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but incur significant costs when they do occur
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Which of the following professionals would purchase Directors
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and Officers (D &O) insurance to manage the liability risk
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associated with their activities? - CORRECT ANSWERS(S)✔✔chief
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executive officer
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For the commercial general liability coverages of bodily injury,
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property damage and medical payments, which of the following
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limits of insurance apply if the aggregate limit is NOT met? -
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CORRECT ANSWERS(S)✔✔per occurrence
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An injured employee covered under workers' compensation is
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entitled to reasonably justifiable expenses for retraining. This
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benefit falls under which of the following? - CORRECT
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ANSWERS(S)✔✔vocational rehabilitation
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, Which of the following is the party who agrees to be responsible
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for loss in the case of a fidelity bond? - CORRECT
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ANSWERS(S)✔✔the surety
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What increases the potential loss of an unforeseen event that
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causes injury to an insured or damage to property? - CORRECT
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ANSWERS(S)✔✔Hazard
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Which of the following sides represent the front surface of the
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patient? - CORRECT ANSWERS(S)✔✔anterior
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Which party is required to provide proof of loss to establish
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entitlement? - CORRECT ANSWERS(S)✔✔the insured
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What does homeowners Coverage B - Other Structures cover? -
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CORRECT ANSWERS(S)✔✔structures located on the insured's
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property separated from the dwelling by clear space
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Which of the following is a duty of the insured after a loss? -
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CORRECT ANSWERS(S)✔✔minimizing further loss
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When an agent tries to convince a policyholder to replace an
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existing policy to buy another one, what are they practicing? -
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CORRECT ANSWERS(S)✔✔misrepresentation
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