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Insurance Licensing NY-Independent-General-Adjuster Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Insurance Regulation | 6% | - Licensing Requirements
|
| Topic 2: Insurance Basics | 6% | - Insurance Contracts
|
| Topic 3: Dwelling Policy | 6% | - Exclusions, Conditions and Endorsements
|
| Topic 4: Medical Reports and Terminology | 4% | - Injuries, Diseases and Medical Tests
|
| Topic 5: Commercial Package Policy | 38% | - Transportation Coverages
|
| Topic 6: Homeowners Policy | 10% | - Liability Coverages
|
| Topic 7: Adjusting Losses | 11% | - Claim Investigation
|
| Topic 8: Personal Inland Marine | 13% | - Personal Articles Floater
|
| Topic 9: Accident and Health Insurance Basics | 6% | - Accident and Health Claims
|
Insurance Licensing NewYorkIndependent General Adjuster (Series 17-70) Sample Questions:
Which of the following are included in the basic coverage of Financial Institution Bonds?
- A. Debit Card Coverage.
- B. Audit and Claims Expense.
- C. Counterfeit Currency.
- D. Computer Systems Fraud.
Correct Answer: C 🗳️
Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).
If a businessowner has a loss, which of the following will the insurer REQUIRE from the insured to assist in the business interruption portion of the claim?
- A. Production of list of furniture and fixtures.
- B. Examination under oath.
- C. Submission to an insurer's onsite inspection request.
- D. Production of books and records, including taxes and all schedules.
Correct Answer: D 🗳️
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What is the purpose of a businessowner policy?
- A. To write policies that are unable to be written in the admitted market.
- B. To allow insureds to cover their personal and commercial liability only.
- C. To add workers' compensation benefits.
- D. To allow insureds to provide coverage for their small business.
Correct Answer: D 🗳️
Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).
The liability section of a businessowners policy (BOP) covers which of the following?
- A. Customer injured on the business premises.
- B. Bodily injury suffered in an automobile accident.
- C. Medical payments for injured employee.
- D. Roof damaged by a windstorm.
Correct Answer: A 🗳️
A limit of insurance that determines the maximum amount that can be paid out annually is
- A. a face amount.
- B. a single limit.
- C. an aggregate limit.
- D. an occurrence limit.
Correct Answer: C 🗳️
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