NY General Adjuster Test (10-70)
Questions and Answers 2026 Update
Dec 1st every 2 years on even numbered yrs - Correct
Answers ✅On what date does an adjuster's license need to
be renewed?
$1,000 - Correct Answers ✅What is the amount of bond
that must be posted to obtain and adjuster's license?
Not until hearing held - Correct Answers ✅When can the
Superintendent of Insurance revoke an adjuster's license?
a. anytime b. by sending a 30 day notice of the renovation c.
not until a hearing is held d. When proof of offense has been
received
What's an unfair claim settlement act - Correct Answers
✅Failing to acknowledge within a reasonable time,
communications w/ respect to claims arising out of the
insurer's policies
An ins regulatory official such as Superintendent of Insurance
- Correct Answers ✅If found guilty of Fed Insurance fraud,
who can permit a guilty individual to return to the insurance
business?
To provide some form of compulsory (require) insurance -
Correct Answers ✅What is the reason for the NY financial
responsibility law?
,NY General Adjuster Test (10-70)
Questions and Answers 2026 Update
Is a mandatory coverage - Correct Answers ✅In NY is
uninsured motorist coverage required?
The insured's property damage coverage - Correct Answers
✅Damage to a rental car is paid under which coverages:
Who must belong to the assigned risk plan - Correct
Answers ✅All admitted auto insurers selling auto insurance
in NY must belong to what plan?
Covers the employer when the employee is using their
vehicle on company business. - Correct Answers ✅What
does the employer's non-ownership coverage cover?
Pain & Suffering - Correct Answers ✅Which is not covered
under worker's comp coverage?
a. med expenses b. pain & suffering c. loss of wages d.
funeral expenses
The court - Correct Answers ✅Who makes a declaratory
judgment as to the merits of a claim?
a. claims adj b. insurer attorney c. court d. claimants attorney
Vicarious (to live through) - Correct Answers ✅What type
of liability does an employer assume through their
employees?
, NY General Adjuster Test (10-70)
Questions and Answers 2026 Update
The insuring agreement - Correct Answers ✅What part of
the policy contains the promises made by the insurance
company to the insured? a. conditions clause b. definitions c.
exceptions to exclusions d. insuring agreement
At the time of the loss - Correct Answers ✅In property &
casualty insurance, when must a person absolutely have an
insurable interest? a. time of app completion b. time of loss c.
at any time d. insuring agreement
Definition of consideration - Correct Answers ✅Something
that has value in the eyes of the law in which a promise
receives something in return for a promise
Aleatory - Correct Answers ✅The promise by one party
that is conditioned on a fortuitous event and the values given
by the parties are unequal is called?
a. executory b. aleatory c. speculation d. a static risk
Violent act that is dangerous to human life and property -
Correct Answers ✅What constitutes an act of terrorism
Losses over $5,000,000 - Correct Answers ✅How much
property and casualty los must be sustained to be considered
an act of terrorism to be covered by the Terrorism Risk
Insurance Act of 2002
Questions and Answers 2026 Update
Dec 1st every 2 years on even numbered yrs - Correct
Answers ✅On what date does an adjuster's license need to
be renewed?
$1,000 - Correct Answers ✅What is the amount of bond
that must be posted to obtain and adjuster's license?
Not until hearing held - Correct Answers ✅When can the
Superintendent of Insurance revoke an adjuster's license?
a. anytime b. by sending a 30 day notice of the renovation c.
not until a hearing is held d. When proof of offense has been
received
What's an unfair claim settlement act - Correct Answers
✅Failing to acknowledge within a reasonable time,
communications w/ respect to claims arising out of the
insurer's policies
An ins regulatory official such as Superintendent of Insurance
- Correct Answers ✅If found guilty of Fed Insurance fraud,
who can permit a guilty individual to return to the insurance
business?
To provide some form of compulsory (require) insurance -
Correct Answers ✅What is the reason for the NY financial
responsibility law?
,NY General Adjuster Test (10-70)
Questions and Answers 2026 Update
Is a mandatory coverage - Correct Answers ✅In NY is
uninsured motorist coverage required?
The insured's property damage coverage - Correct Answers
✅Damage to a rental car is paid under which coverages:
Who must belong to the assigned risk plan - Correct
Answers ✅All admitted auto insurers selling auto insurance
in NY must belong to what plan?
Covers the employer when the employee is using their
vehicle on company business. - Correct Answers ✅What
does the employer's non-ownership coverage cover?
Pain & Suffering - Correct Answers ✅Which is not covered
under worker's comp coverage?
a. med expenses b. pain & suffering c. loss of wages d.
funeral expenses
The court - Correct Answers ✅Who makes a declaratory
judgment as to the merits of a claim?
a. claims adj b. insurer attorney c. court d. claimants attorney
Vicarious (to live through) - Correct Answers ✅What type
of liability does an employer assume through their
employees?
, NY General Adjuster Test (10-70)
Questions and Answers 2026 Update
The insuring agreement - Correct Answers ✅What part of
the policy contains the promises made by the insurance
company to the insured? a. conditions clause b. definitions c.
exceptions to exclusions d. insuring agreement
At the time of the loss - Correct Answers ✅In property &
casualty insurance, when must a person absolutely have an
insurable interest? a. time of app completion b. time of loss c.
at any time d. insuring agreement
Definition of consideration - Correct Answers ✅Something
that has value in the eyes of the law in which a promise
receives something in return for a promise
Aleatory - Correct Answers ✅The promise by one party
that is conditioned on a fortuitous event and the values given
by the parties are unequal is called?
a. executory b. aleatory c. speculation d. a static risk
Violent act that is dangerous to human life and property -
Correct Answers ✅What constitutes an act of terrorism
Losses over $5,000,000 - Correct Answers ✅How much
property and casualty los must be sustained to be considered
an act of terrorism to be covered by the Terrorism Risk
Insurance Act of 2002
