100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
NY Independent General Adjuster Exam - Series 17-70 Study Guide Solutions $12.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Tests Prep
  4.  
  5. Tests Prep

Exam (elaborations)

NY Independent General Adjuster Exam - Series 17-70 Study Guide Solutions
 0 view  0 purchase
  • Course
  • Tests Prep
  • Institution
  • Tests Prep

NY Independent General Adjuster Exam - Series 17-70 Study Guide Solutions 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 ...

[Show more]

Preview 3 out of 22  pages

Document information

  • November 11, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ny independent general adjuster exam series 17 7

Written for

  • Tests Prep
  • Tests Prep

Seller

avatar-seller
OliviaWest

Reviews received

Content preview

Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED




NY Independent General Adjuster Exam -

Series 17-70 Study Guide Solutions


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✔✔-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Any insurance adjuster whose license has been revoked for cause will not be entitled to apply for any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: - ANSWER✔✔-One Year.


A typical benefit design for a long term care policy does not include a: - ANSWER✔✔-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? - ANSWER✔✔-30 Days.


A common carrier is not held liable for the loss of a shipper's goods when the loss results from: -

ANSWER✔✔-An Act of God.




Copyright ©Stuvia International BV 2010-2024 Page 1/22

, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


If one is found guilty of federal insurance fraud, who can permit the guilty individual to return to the

insurance business? - ANSWER✔✔-Only an insurance regulatory official.


When is a passenger first covered under an aircraft policy? - ANSWER✔✔-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? - ANSWER✔✔-

$1,000 if the flood is imminent and the property is in danger of flooding.


Which Commercial Forms would cover sinkhole collapse? - ANSWER✔✔-Basic, Broad, and Special.


______ is a movement allowed by certain joints of the skeleton that decreases the angle between two

adjoining bones. - ANSWER✔✔-Flexion


The listing of the perils covered is found in which part of a homeowner policy? - ANSWER✔✔-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? - ANSWER✔✔-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? - ANSWER✔✔-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


Copyright ©Stuvia International BV 2010-2024 Page 2/22

, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


Mr. Vickers carries Liability and Comprehensive coverage on his auto. What coverage would apply? -

ANSWER✔✔-Mr. Vickers comprehensive coverage.


An automobile is polluting the environment. What engine component could be the primary cause? -

ANSWER✔✔-Catalytic Converter Malfunction.


Under the dwelling policy, DP2 or D3, what is the maximum amount of Coverage A that would be paid

for additional living expenses? - ANSWER✔✔-20%


Workers compensation policies also include employer's liability coverage. If any employer fails to

maintain the equipment and an employee is injured, would it be covered under this coverage? -

ANSWER✔✔-Yes.


Fidelity bonds are typically written to be effective for a: - ANSWER✔✔-Continuous term without an

expiration date.


One purpose of a deductible is to: - ANSWER✔✔-Eliminate small claims.


If the insured has failed to pay the premium for a worker compensation policy issued in New York, how

many days notice of cancellation must be sent to the insured? - ANSWER✔✔-A 10 day notice.


A ship owner wanting coverage in case crew members bring liability suits for injuries sustained while

working would purchase: - ANSWER✔✔-Protection and Indemnity


Under workers compensation in New York, which of the following does not raise the premium based on

it being a proportion of the charged premium? - ANSWER✔✔-Premium Discount.


What is an example of a moral hazard? - ANSWER✔✔-Embezzlement




Copyright ©Stuvia International BV 2010-2024 Page 3/22

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart