NY INDEPENDENT GENERAL ADJUSTER EXAM - SERIES 17-70
COVERAGE
The Independent General Adjuster Series 17-70 examination offered
by the New York State Department of Financial Services focuses on
key areas such as property and casualty insurance concepts, policy
structure, and interpretation of coverage. It also evaluates the ability
to conduct claim investigations, assess losses, prepare estimates, and
negotiate fair settlements. Additional emphasis is placed on New
York-specific regulations, licensing guidelines, ethical standards, and
fraud awareness. Overall, the exam ensures individuals are equipped
to handle insurance claims professionally while adhering to legal and
regulatory requirements.
,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?
30 Days.
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?
Neglect.
,To be eligible for the New York assigned risk auto plan a person must:
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Any insurance adjuster whose license has been revoked for cause will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:
One Year.
A typical benefit design for a long term care policy does not include
a:
Conditionally or optionally renewability feature.
, Dram Shop Liability refers to:
Liquor Law Liability.
A common carrier is not held liable for the loss of a shipper's goods
when the loss results from:
An Act of God.
If one is found guilty of federal insurance fraud, who can permit the
guilty individual to return to the insurance business?
Only an insurance regulatory official.
COVERAGE
The Independent General Adjuster Series 17-70 examination offered
by the New York State Department of Financial Services focuses on
key areas such as property and casualty insurance concepts, policy
structure, and interpretation of coverage. It also evaluates the ability
to conduct claim investigations, assess losses, prepare estimates, and
negotiate fair settlements. Additional emphasis is placed on New
York-specific regulations, licensing guidelines, ethical standards, and
fraud awareness. Overall, the exam ensures individuals are equipped
to handle insurance claims professionally while adhering to legal and
regulatory requirements.
,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?
30 Days.
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?
Neglect.
,To be eligible for the New York assigned risk auto plan a person must:
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:
One Year.
A typical benefit design for a long term care policy does not include
a:
Conditionally or optionally renewability feature.
, Dram Shop Liability refers to:
Liquor Law Liability.
A common carrier is not held liable for the loss of a shipper's goods
when the loss results from:
An Act of God.
If one is found guilty of federal insurance fraud, who can permit the
guilty individual to return to the insurance business?
Only an insurance regulatory official.
