NY INDEPENDENT GENERAL ADJUSTER SERIES
17-70 COMPREHENSIVE EXAM UPDATED
QUESTIONS AND ANSWERS SURE A+
✔✔Which type of bond specifically protects against dishonesty by employees whose
names or positions are listed in the policy? - ✔✔scheduled
✔✔Exclusions common to liability coverage for both the personal auto policy and the
business auto policy include all of the following EXCEPT - ✔✔for liability arising while
the insured auto is being used in an auto business.
✔✔All of the following are TRUE regarding underinsured motorists coverage EXCEPT -
✔✔it is of little consequence who was at fault for the coverage to apply.
✔✔Which type of endorsement covers causes of loss specifically listed in the policy? -
✔✔named perils
✔✔Which of the following is TRUE for a flexible premium annuity? - ✔✔The purchaser
has the option to vary the amount of each premium payment falling between a minimum
and maximum amount.
, ✔✔Which of the following is NOT a nonforfeiture option available in a Whole Life
Policy? - ✔✔Accumulation at interest
✔✔The property coverage of a BOP includes which of the following? - ✔✔carpeting that
is permanently installed inside the building
✔✔Which type of hazard is an example of a person who increases the chance of loss
through carelessness or by irresponsible actions? - ✔✔morale hazard
✔✔For the purpose of workers' compensation insurance all of the following are subject
to the workers' compensation laws, either as an employer or employee EXCEPT - ✔✔a
crew member of an ocean going vessel.
✔✔Which of the following is excluded from coverage under an aircraft liability policy? -
✔✔
✔✔An annuitant is paying into an annuity. The annuity contract is in the -
✔✔annuitization period
✔✔All of the following are TRUE for the hired auto liability policy EXCEPT - ✔✔the
endorsement is available with other commercial auto insurance.
✔✔Which of the following is an example of a hospital indemnity plan? - ✔✔pays a fixed
amount per day to the insured for each day the insured is hospitalized
✔✔When the insured's child spills red juice on the carpet of insured's covered
automobile, which of the following coverages will apply? - ✔✔comprehensive
✔✔At what age MUST an owner of a Traditional IRA start taking distributions? - ✔✔70
1/2
✔✔All of the following would be eligible expenses after a loss under Coverage E
Additional Living Expense EXCEPT - ✔✔mortgage expenses
✔✔All of the following are correct for excess lines carriers EXCEPT - ✔✔
✔✔A personal injury endorsement added to a Homeowners Policy would provide
coverage for liability caused by the insured - ✔✔intermittently entering his tenant's
apartment to see if the tenant is harboring a cat, which violates the tenant's lease.
✔✔Which whole life policy premium type is the most common? - ✔✔continuous
premium
17-70 COMPREHENSIVE EXAM UPDATED
QUESTIONS AND ANSWERS SURE A+
✔✔Which type of bond specifically protects against dishonesty by employees whose
names or positions are listed in the policy? - ✔✔scheduled
✔✔Exclusions common to liability coverage for both the personal auto policy and the
business auto policy include all of the following EXCEPT - ✔✔for liability arising while
the insured auto is being used in an auto business.
✔✔All of the following are TRUE regarding underinsured motorists coverage EXCEPT -
✔✔it is of little consequence who was at fault for the coverage to apply.
✔✔Which type of endorsement covers causes of loss specifically listed in the policy? -
✔✔named perils
✔✔Which of the following is TRUE for a flexible premium annuity? - ✔✔The purchaser
has the option to vary the amount of each premium payment falling between a minimum
and maximum amount.
, ✔✔Which of the following is NOT a nonforfeiture option available in a Whole Life
Policy? - ✔✔Accumulation at interest
✔✔The property coverage of a BOP includes which of the following? - ✔✔carpeting that
is permanently installed inside the building
✔✔Which type of hazard is an example of a person who increases the chance of loss
through carelessness or by irresponsible actions? - ✔✔morale hazard
✔✔For the purpose of workers' compensation insurance all of the following are subject
to the workers' compensation laws, either as an employer or employee EXCEPT - ✔✔a
crew member of an ocean going vessel.
✔✔Which of the following is excluded from coverage under an aircraft liability policy? -
✔✔
✔✔An annuitant is paying into an annuity. The annuity contract is in the -
✔✔annuitization period
✔✔All of the following are TRUE for the hired auto liability policy EXCEPT - ✔✔the
endorsement is available with other commercial auto insurance.
✔✔Which of the following is an example of a hospital indemnity plan? - ✔✔pays a fixed
amount per day to the insured for each day the insured is hospitalized
✔✔When the insured's child spills red juice on the carpet of insured's covered
automobile, which of the following coverages will apply? - ✔✔comprehensive
✔✔At what age MUST an owner of a Traditional IRA start taking distributions? - ✔✔70
1/2
✔✔All of the following would be eligible expenses after a loss under Coverage E
Additional Living Expense EXCEPT - ✔✔mortgage expenses
✔✔All of the following are correct for excess lines carriers EXCEPT - ✔✔
✔✔A personal injury endorsement added to a Homeowners Policy would provide
coverage for liability caused by the insured - ✔✔intermittently entering his tenant's
apartment to see if the tenant is harboring a cat, which violates the tenant's lease.
✔✔Which whole life policy premium type is the most common? - ✔✔continuous
premium
