New York Accident & Health Insurance Adjuster Study guides, Class notes & Summaries

NYS Life, Accident, and Health Insurance Exam (2024) || Questions & Answers (Graded A+) NYS Life, Accident, and Health Insurance Exam (2024) || Questions & Answers (Graded A+) Which type of life insurance policy is best suited for paying off the outstanding balance of a 30-year mortgage in the event of the insured's death? - ANSWER - 30-year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? - ANSWER - 30 A signed good health statem...

NY Independent General Adjuster Exam - Series 17-70 || All Questions & 100% Verified Answers (Rated A+) NY Independent General Adjuster Exam - Series 17-70 || All Questions & 100% Verified Answers (Rated A+) Dram Shop Liability refers to: - ANSWER - Liquor Law Liability. 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 i...

New York State General Adjuster 17-70 Exam || Questions & Answers (Rated A+) New York State General Adjuster 17-70 Exam || Questions & Answers (Rated A+) An employee has been asked to use his own personal vehicle to perform certain tasks on behalf of his employer. What coverage is used under the business auto policy to protect the employer for lawsuits when the employee has an accident that causes legal action against the employer? - ANSWER - Employers non-ownership coverage. This coverage p...

NY Insurance Adjuster 2024 Practice Exam || Questions & Answers (Rated A+) NY Insurance Adjuster 2024 Practice Exam || Questions & Answers (Rated A+) 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 p...

NEW YORK INDEPENDENT GENERAL ADJUSTER EXAM SIMULATOR - SERIES 17-70 || Complete Questions & Answers (100% Verified) NEW YORK INDEPENDENT GENERAL ADJUSTER EXAM SIMULATOR - SERIES 17-70 || Complete Questions & Answers (100% Verified) Which of the following would NOT be found in the conditions section of a homeowners insurance policy? Subrogation rights Duties of the insured Insurance premium Mortgagee clause - ANSWER - The insurance premium is not shown in the conditions section of th...

New York Indep. Motor Vehicle No-Fault and Workers Compensation Health Services Adjuster (Series 17-72) Test || Questions & Answers (100% Verified) New York Indep. Motor Vehicle No-Fault and Workers Compensation Health Services Adjuster (Series 17-72) Test || Questions & Answers (100% Verified) An "uninsured motor vehicle" under a personal auto policy does not include: - ANSWER - An abandoned car used as a residence. . Which of the following are exempt from certain sections of the New Y...

NY General (Insurance) Adjuster Test || Questions & Answers (Graded A+) NY General (Insurance) Adjuster Test || Questions & Answers (Graded A+) All of the following are eligible for group long term care insurance, EXCEPT: Answer Choices: Select the Correct Answer A group formed as a cooperative to buy insurance at a discount. One or more employer or labor organizations for the benefit of the employees. Any professional, trade or occupational association for the benefit of their b...

New York Insurance Adjuster Terms (2024) || Questions & Answers (100% Verified) New York Insurance Adjuster Terms (2024) || Questions & Answers (100% Verified) Additional Personal Injury protection - ANSWER - The company will pay additional first party benefits to reimburse for extended economic loss on account of personal injuries sustained by an eligible injured person and caused by an accident arising out of the use or operation of a motor vehicle or a motorcycle during the policy period....

NY Insurance Adjuster Licensing Exam 2024 || Questions & Answers (Rated A+) NY Insurance Adjuster Licensing Exam 2024 || Questions & Answers (Rated A+) Which kind of losses are covered under a standard fire policy? - ANSWER - Direct All fires are not covered by the Standard Fire policies, only those that: - ANSWER - are hostile and have a flame or glow At what time does a fire policy go into affect? - ANSWER - 12:01am standard time at the location of the insured's property A prop...

NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) NY Accident & Health Insurance Licensing Exam Study Guide (2024) || Questions & Answers (100% Correct) Which section of an insurance policy contains language to assist an insurance company in managing morale and moral hazards - ANSWER - The exclusions The funds assessed to be deposited into the NY Special Disability Fund are deposited with? - ANSWER - The Commissioner of Taxation and Fin...