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Free NewYorkIndependent General Adjuster (Series 17-70) Practice Questions

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Total Questions : 105

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Question # 1

One of the MAIN purposes of the automobile mandatory inspection requirement is to

Options:

A.  

allow insurers to charge additional premium for vehicles in substandard condition.

B.  

alert policyowners to the existence of cosmetic damages to their vehicle's exterior.

C.  

provide assurance to insurers that they are insuring vehicles in top condition.

D.  

avoid claims for damages that existed prior to coverage taking effect.

Discussion 0
Question # 2

Which of the following is NOT a basic peril on all homeowners forms?

Options:

A.  

Riot.

B.  

Smoke.

C.  

Volcanic eruption.

D.  

Flood.

Discussion 0
Question # 3

Which of the following are included in the basic coverage of Financial Institution Bonds?

Options:

A.  

Counterfeit Currency.

B.  

Audit and Claims Expense.

C.  

Computer Systems Fraud.

D.  

Debit Card Coverage.

Discussion 0
Question # 4

The primary purpose of the Workers Compensation Special Disability Fund is to

Options:

A.  

encourage employers to hire workers with pre-existing disabilities.

B.  

provide funds to employees with more than one injury.

C.  

provide funds for non-employment-related injuries.

D.  

compensate employees for second partial disability claims.

Discussion 0
Question # 5

What percentage of loss of wages is covered under Personal Injury Protection (PIP)?

Options:

A.  

40%

B.  

60%

C.  

80%

D.  

100%

Discussion 0
Question # 6

In a Dwelling Policy, an unoccupied property refers to one that has no

Options:

A.  

alarms.

B.  

inhabitants.

C.  

furniture.

D.  

locks.

Discussion 0
Question # 7

A policy covering all causes of loss to an aircraft is known as

Options:

A.  

Comprehensive.

B.  

Named Perils.

C.  

All Inclusive.

D.  

Liability.

Discussion 0
Question # 8

Fair rental value is found under which coverage part of a dwelling policy?

Options:

A.  

Coverage

B.  

B.  

Coverage

C.  

C.  

Coverage

D.  

D.  

Coverage

E.  

Discussion 0
Question # 9

What is the MINIMUM dollar limit that applies to Workers' Compensation Coverage under Part One of the policy?

Options:

A.  

$100,000 per accident.

B.  

$500,000 per accident.

C.  

There are no dollar limits except those according to the law.

D.  

There are limits, but they are shown only in the information page.

Discussion 0
Question # 10

In order to provide coverage for land-based maritime employees, which endorsement MUST be added to the standard Workers' Compensation Policy?

Options:

A.  

U.S. Maritime Endorsement.

B.  

Federal Employers Liability Endorsement.

C.  

Crew, Harbor Masters, and Pilots Endorsement.

D.  

U.S. Longshore and Harbor Workers Compensation Endorsement.

Discussion 0

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