New York Insurance Exam 2023 with 100% correct answers

information about the premium and policy limites, the identity and address of the named insured, and the policy period is found in which part of the insurance policy? Declaration page if an insured intentioanlly conceals a material fact on an application for insurance, the coverage may be: voided anyone who threatens, forces or corruptly influences, obstructs or impedes the due and proper administration of the fraud law relating to the insurance business may be fined and/or imprisoned up to: 10 years Situation question: Kelly would like to obtain an independent adjuster license in New York, However, she has been convicted of a felony involving dishonesty or breach of trust. Which is not required for the superintendent to grant the waiver? evidence must be submitted to show the restitution was made to people of the state of new york for the felony in which kelly was convicted definition of concurrent causation two or more perils that cause a single loss under the terrorism risk insurance program reauthorization act of 2015, the maximum limit for the Act for total claims paid under the Act by either private insurers or the government is still limited to: $100 billion an insured has her property covered under an "open peril" cause of loss form, She experiences a loss. The burden of proof that the peril that was the actual cause of loss in the claim, lies within: the insurance company in new york, the insurer is required to provide claim forms to the insured within _____ of being notified of the loss 15 days the mandatory recoupment of the federal share through policy holder surcharges under terrorism risk insurance program reauthorization act of 2015 was increased from 133% to 140% the terrorism risk ask of 2015 excludes all acts of terrorism if the act is committed as part of the course of a war declared by congress with the exception of one line of insurance. Which of the following is the only line of the insurance that would still be covered in case of war? workers compensation