New York Independent Adjuster General Test with All correct Answers |Assured Pass (85 Q&A)

New York Independent Adjuster General Test with All correct Answers |Assured Pass All of the following statements are true regarding the Federal Employers Liability Act (FELA), EXCEPT: {{Correct Ans- It provides workers' compensation coverage for employees working in federal government buildings. Property damage to an insured's work that arises out of the work and is part of the products-completed operations hazard, as defined in a commercial umbrella liability policy is: {{Correct Ans- Usually excluded unless the work out of which the damage arose was done by a subcontractor rather than the insured. The insured car dealer carries dealer's physical damage coverage with comprehensive and collision coverage. One of the salesmen allows an old customer to test drive a van. The customer steals the car and it is later found heavily damaged in an accident. The adjuster will: {{Correct Ans- Deny the claim unless the insured carries "false pretense" coverage. The limit for "medical and rehabilitation expenses" under the New York automobile "No-Fault" law is: {{Correct Ans- $50,000. All of the following types of signs can be covered by the Sign Coverage Form, except: {{Correct Ans- Signs carved in stone or brick Which of the following is used to bring a standardized insurance form into compliance with state laws? {{Correct Ans- Endorsements. Most crop insurance in the United States is written by: {{Correct Ans- Private stock and mutual companies. Under a standardized NCCI workers' compensation policy, the insurance company will pay to the insured, as part of any claim, proceeding, or suit defended, all of the following expenses, EXCEPT: {{Correct Ans- Loss of earnings. Homeowners policies cover all of the following, EXCEPT: {{Correct Ans- A 2-family dwelling occupied by tenants who are renting the covered premises from the named insured.