NY Independent General Adjuster Exam - Series
17-70 2025 update |Comprehensive Questions
And Verified Answers 100% CORRECT.
What kind of health insurance policy would be issued to indemnify the
owner when a critical employee of a business becomes disabled due
to injury or illness? ✔✔CORRECT ANSWERS✔✔Key man disability.
Mary is a newly hired and unlicensed employee of an insurance
agency. She is being trained by the other staff members. A customer
comes in to pay their premiums and Mary collects the money. What
are the consequences? ✔✔CORRECT ANSWERS✔✔None - Mary is
not guilty of doing anything.
Would a claim under Employer's Liability Insurance for an employee
on business temporarily in France be covered? ✔✔CORRECT
ANSWERS✔✔Yes, since the employee was outside the coverage
territory temporarily .
According to the commercial auto policy definitions, an "accident":
✔✔CORRECT ANSWERS✔✔Includes continuous or repeated
exposure to the same conditions.
In cases of comparative negligence, the proportional share of each
party in the entire liability will be based on: ✔✔CORRECT
ANSWERS✔✔Relative degree of fault.
,With workers compensation, a monopolistic state is a state in which:
✔✔CORRECT ANSWERS✔✔Coverage must be purchased from the
state..
The selling of insurance products through the use of captive agents,
independent agents, or insurance company employees in a call center
are examples of: ✔✔CORRECT ANSWERS✔✔Marketing distribution
systems.
The National Flood Insurance Program will pay which of the following
amounts to assist with moving of property to safety when there is
imminent flood danger? ✔✔CORRECT ANSWERS✔✔$1,000.
Which of the following types of property may be insured under a
furriers block policy? ✔✔CORRECT ANSWERS✔✔Stocks of furs
owned by the insured furrier.
The insured has suffered a covered loss under his DP-3 dwelling form.
He fails to protect the property from further loss. The additional loss
that occurs as a result of his inactions may be denied because of what
clause in the policy? ✔✔CORRECT ANSWERS✔✔Neglect.
To be eligible for the New York assigned risk auto plan a person must:
✔✔CORRECT ANSWERS✔✔Hold a valid driver's license.
Any insurance adjuster whose license has been revoked for cause will
not be entitled to apply for any other insurance license in New York
until at least: ✔✔CORRECT ANSWERS✔✔One Year.
,A typical benefit design for a long term care policy does not include a:
✔✔CORRECT ANSWERS✔✔Conditionally or optionally renewability
feature.
In New York the workers compensation program is administered by
the Workers Compensation Board which establishes guidelines for the
program. Notice of injury or death to a worker is required to be
submitted to the employer within what period of time? ✔✔CORRECT
ANSWERS✔✔30 Days.
A common carrier is not held liable for the loss of a shipper's goods
when the loss results from: ✔✔CORRECT ANSWERS✔✔An Act of
God.
If one is found guilty of federal insurance fraud, who can permit the
guilty individual to return to the insurance business? ✔✔CORRECT
ANSWERS✔✔Only an insurance regulatory official.
When is a passenger first covered under an aircraft policy?
✔✔CORRECT ANSWERS✔✔When Entering the Aircraft.
If an insured takes precautionary measures to protect property from
flood damage such as creating a retaining wall of sand bags, how
much coverage if any, will be provided by a flood policy?
✔✔CORRECT ANSWERS✔✔$1,000 if the flood is imminent and the
property is in danger of flooding.
, Which Commercial Forms would cover sinkhole collapse?
✔✔CORRECT ANSWERS✔✔Basic, Broad, and Special.
______ is a movement allowed by certain joints of the skeleton that
decreases the angle between two adjoining bones. ✔✔CORRECT
ANSWERS✔✔Flexion
The listing of the perils covered is found in which part of a homeowner
policy? ✔✔CORRECT ANSWERS✔✔Insuring Agreement.
If a dog owned by a customer is injured in the parking lot of a store, is
that considered bodily injury under liability coverage? ✔✔CORRECT
ANSWERS✔✔No. The dog is property and would be consider
property damage.
The Superintendent of Insurance may approve the employment,
appointment or participation of any person whose license has been
revoked. Karen Jones had her license revoked and filed an application
for relicensing and has waited over 120 days without a response from
the Insurance Department. What should or can she do?
✔✔CORRECT ANSWERS✔✔Assume the relicensing is approved.
Mr. Vickers was in a hurry to catch a plane. He parks his car in the
parking garage at the airport and leaves the keys in the ignition. When
he returns he finds that his car has been stolen. Later the car was
discovered with severe collision damage. The airport carries
Garagekeeper's Legal Liability coverage and Mr. Vickers carries
Liability and Comprehensive coverage on his auto. What coverage
17-70 2025 update |Comprehensive Questions
And Verified Answers 100% CORRECT.
What kind of health insurance policy would be issued to indemnify the
owner when a critical employee of a business becomes disabled due
to injury or illness? ✔✔CORRECT ANSWERS✔✔Key man disability.
Mary is a newly hired and unlicensed employee of an insurance
agency. She is being trained by the other staff members. A customer
comes in to pay their premiums and Mary collects the money. What
are the consequences? ✔✔CORRECT ANSWERS✔✔None - Mary is
not guilty of doing anything.
Would a claim under Employer's Liability Insurance for an employee
on business temporarily in France be covered? ✔✔CORRECT
ANSWERS✔✔Yes, since the employee was outside the coverage
territory temporarily .
According to the commercial auto policy definitions, an "accident":
✔✔CORRECT ANSWERS✔✔Includes continuous or repeated
exposure to the same conditions.
In cases of comparative negligence, the proportional share of each
party in the entire liability will be based on: ✔✔CORRECT
ANSWERS✔✔Relative degree of fault.
,With workers compensation, a monopolistic state is a state in which:
✔✔CORRECT ANSWERS✔✔Coverage must be purchased from the
state..
The selling of insurance products through the use of captive agents,
independent agents, or insurance company employees in a call center
are examples of: ✔✔CORRECT ANSWERS✔✔Marketing distribution
systems.
The National Flood Insurance Program will pay which of the following
amounts to assist with moving of property to safety when there is
imminent flood danger? ✔✔CORRECT ANSWERS✔✔$1,000.
Which of the following types of property may be insured under a
furriers block policy? ✔✔CORRECT ANSWERS✔✔Stocks of furs
owned by the insured furrier.
The insured has suffered a covered loss under his DP-3 dwelling form.
He fails to protect the property from further loss. The additional loss
that occurs as a result of his inactions may be denied because of what
clause in the policy? ✔✔CORRECT ANSWERS✔✔Neglect.
To be eligible for the New York assigned risk auto plan a person must:
✔✔CORRECT ANSWERS✔✔Hold a valid driver's license.
Any insurance adjuster whose license has been revoked for cause will
not be entitled to apply for any other insurance license in New York
until at least: ✔✔CORRECT ANSWERS✔✔One Year.
,A typical benefit design for a long term care policy does not include a:
✔✔CORRECT ANSWERS✔✔Conditionally or optionally renewability
feature.
In New York the workers compensation program is administered by
the Workers Compensation Board which establishes guidelines for the
program. Notice of injury or death to a worker is required to be
submitted to the employer within what period of time? ✔✔CORRECT
ANSWERS✔✔30 Days.
A common carrier is not held liable for the loss of a shipper's goods
when the loss results from: ✔✔CORRECT ANSWERS✔✔An Act of
God.
If one is found guilty of federal insurance fraud, who can permit the
guilty individual to return to the insurance business? ✔✔CORRECT
ANSWERS✔✔Only an insurance regulatory official.
When is a passenger first covered under an aircraft policy?
✔✔CORRECT ANSWERS✔✔When Entering the Aircraft.
If an insured takes precautionary measures to protect property from
flood damage such as creating a retaining wall of sand bags, how
much coverage if any, will be provided by a flood policy?
✔✔CORRECT ANSWERS✔✔$1,000 if the flood is imminent and the
property is in danger of flooding.
, Which Commercial Forms would cover sinkhole collapse?
✔✔CORRECT ANSWERS✔✔Basic, Broad, and Special.
______ is a movement allowed by certain joints of the skeleton that
decreases the angle between two adjoining bones. ✔✔CORRECT
ANSWERS✔✔Flexion
The listing of the perils covered is found in which part of a homeowner
policy? ✔✔CORRECT ANSWERS✔✔Insuring Agreement.
If a dog owned by a customer is injured in the parking lot of a store, is
that considered bodily injury under liability coverage? ✔✔CORRECT
ANSWERS✔✔No. The dog is property and would be consider
property damage.
The Superintendent of Insurance may approve the employment,
appointment or participation of any person whose license has been
revoked. Karen Jones had her license revoked and filed an application
for relicensing and has waited over 120 days without a response from
the Insurance Department. What should or can she do?
✔✔CORRECT ANSWERS✔✔Assume the relicensing is approved.
Mr. Vickers was in a hurry to catch a plane. He parks his car in the
parking garage at the airport and leaves the keys in the ignition. When
he returns he finds that his car has been stolen. Later the car was
discovered with severe collision damage. The airport carries
Garagekeeper's Legal Liability coverage and Mr. Vickers carries
Liability and Comprehensive coverage on his auto. What coverage
