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NY state insurance license practice exam questions/answers with verified solutions
NY state insurance license practice exam questions/answers with verified solutions Under what circumstance does an accident and health insurer have the right to request an autopsy? 1. When the claim exceeds an amount specified in the policy 2. When 2 days have passed after death 3. When not prohibited by state law 4. When consent is given by the beneficiary - Answer ️️ -3. When not prohibited by state law Which of the following accurately describes the "time limit on certain defense...
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NY state insurance license practice exam questions/answers with verified solutions Under what circumstance does an accident and health insurer have the right to request an autopsy? 1. When the claim exceeds an amount specified in the policy 2. When 2 days have passed after death 3. When not prohibited by state law 4. When consent is given by the beneficiary - Answer ️️ -3. When not prohibited by state law Which of the following accurately describes the "time limit on certain defense...
New York Adjuster Exam Questions and Answers Already Passed
New York Adjuster Exam Questions and Answers Already Passed Offering any return of premium, valuable consideration or inducement when purchasing an insurance policy is an example of: - Answer ️️ -I. Illegal Inducement II. Rebating Under a watercraft or yacht policy how claims are settled: - Answer ️️ -Actual cash value When may an insured sue an insurance company? - Answer ️️ -Not until the insured has complied with all policy provisions and within the time limit specified in ...
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New York Adjuster Exam Questions and Answers Already Passed Offering any return of premium, valuable consideration or inducement when purchasing an insurance policy is an example of: - Answer ️️ -I. Illegal Inducement II. Rebating Under a watercraft or yacht policy how claims are settled: - Answer ️️ -Actual cash value When may an insured sue an insurance company? - Answer ️️ -Not until the insured has complied with all policy provisions and within the time limit specified in ...
New York State Property and Casualty Licensing Exam Questions and Answers Graded A+
New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of - Answer ️️ -Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability - Answer ️️ -...
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New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of - Answer ️️ -Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability - Answer ️️ -...
New York Adjuster Exam 2024
New York Adjuster Exam 2024 The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? - Answer ️️ -30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. - Answer ️️ -30 day Personal property that is covered under the Personal P...
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New York Adjuster Exam 2024 The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? - Answer ️️ -30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. - Answer ️️ -30 day Personal property that is covered under the Personal P...
NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass
NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass 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 in the policy? - Answer ️️ -Neglect. To be eligible for the New York assigned risk auto plan a person must: - Answer...
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NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass 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 in the policy? - Answer ️️ -Neglect. To be eligible for the New York assigned risk auto plan a person must: - Answer...
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