NY Adjuster Practice Exam Questions
2025 with Answers
Which of the following is one of the objectives of the Terrorism Risk Insurance
Act of 2002? - --Answer --It limits the exposure of individual insurers and
the insurance industry as a whole
All of the following are used by the courts to establish negligence EXCEPT - --
Answer --Policy exclusions.
Which is the thing of value exchanged for the performance promised in the
insurance contract? - --Answer --Consideration
Which party is required to provide proof of loss to establish entitlement? - --
Answer --The insured
Which of the following is a duty of the insured after a loss? - --Answer --
Minimizing further loss
Before taking legal action, what third-party can help end disputes over the value of
a loss? - --Answer --Arbitrator
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Which of the following is an example of a hospital indemnity plan? - --
Answer --Pays a fixed amount per day to the insured for each day the
insured is hospitalized
Which of the following sides represent the front surface of the patient? - --
Answer --Anterior
How long is the broad theft coverage endorsement invalid if the property is
vacant? - --Answer --More than 60 consecutive days
All of the following types of personal property are covered under Coverage C
EXCEPT - --Answer --Collectable gold coins
When a policy or certificate containing an accelerated benefit provision is applied
for or delivered, the producer is responsible for providing the applicant a summary
of coverage that includes all of the following EXCEPT - --Answer --A
detailed and comprehensive summary of the accelerated benefit
Which of the following is NOT a nonforfeiture option available in a Whole Life
Policy? - --Answer --Accumulation at interest
All the following are considered owned autos for personal automobile insurance
EXCEPT - --Answer --A vehicle leased for less than six months
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, An insurance company's right to cancel a policy is often limited by state laws but is
generally permitted under which of the following conditions? - --Answer --
Non-payment of premium
Which of the following types of crime best describe the unlawful act of taking
property from the care and custody of another person while threatening to cause
bodily harm? - --Answer --Robbery
Which part of the commercial general liability designates who is an insured? - --
Answer --Declarations
The insured is mowing his lawn when a stranger is noticed in the backyard. The
stranger claims to be a substitute delivery person. Several days later a gold watch
can not be found. Which of the following describes the loss? - --Answer --
Mysterious disappearance
Which of the following is a qualified plan? - --Answer --401(k)
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 - --Answer --A crew member of an ocean going vessel
Which of the following is the party who agrees to be responsible for loss in the
case of a fidelity bond? - --Answer --The Surety
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
2025 with Answers
Which of the following is one of the objectives of the Terrorism Risk Insurance
Act of 2002? - --Answer --It limits the exposure of individual insurers and
the insurance industry as a whole
All of the following are used by the courts to establish negligence EXCEPT - --
Answer --Policy exclusions.
Which is the thing of value exchanged for the performance promised in the
insurance contract? - --Answer --Consideration
Which party is required to provide proof of loss to establish entitlement? - --
Answer --The insured
Which of the following is a duty of the insured after a loss? - --Answer --
Minimizing further loss
Before taking legal action, what third-party can help end disputes over the value of
a loss? - --Answer --Arbitrator
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Which of the following is an example of a hospital indemnity plan? - --
Answer --Pays a fixed amount per day to the insured for each day the
insured is hospitalized
Which of the following sides represent the front surface of the patient? - --
Answer --Anterior
How long is the broad theft coverage endorsement invalid if the property is
vacant? - --Answer --More than 60 consecutive days
All of the following types of personal property are covered under Coverage C
EXCEPT - --Answer --Collectable gold coins
When a policy or certificate containing an accelerated benefit provision is applied
for or delivered, the producer is responsible for providing the applicant a summary
of coverage that includes all of the following EXCEPT - --Answer --A
detailed and comprehensive summary of the accelerated benefit
Which of the following is NOT a nonforfeiture option available in a Whole Life
Policy? - --Answer --Accumulation at interest
All the following are considered owned autos for personal automobile insurance
EXCEPT - --Answer --A vehicle leased for less than six months
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, An insurance company's right to cancel a policy is often limited by state laws but is
generally permitted under which of the following conditions? - --Answer --
Non-payment of premium
Which of the following types of crime best describe the unlawful act of taking
property from the care and custody of another person while threatening to cause
bodily harm? - --Answer --Robbery
Which part of the commercial general liability designates who is an insured? - --
Answer --Declarations
The insured is mowing his lawn when a stranger is noticed in the backyard. The
stranger claims to be a substitute delivery person. Several days later a gold watch
can not be found. Which of the following describes the loss? - --Answer --
Mysterious disappearance
Which of the following is a qualified plan? - --Answer --401(k)
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 - --Answer --A crew member of an ocean going vessel
Which of the following is the party who agrees to be responsible for loss in the
case of a fidelity bond? - --Answer --The Surety
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
