NY ADJUSTER PRACTICE EXAM
QUESTIONS AND ANSWERS 2026
VERIFIED.
Which of the following is one of the objectives of the Terrorism Risk Insurance Act of 2002? -
ANS It limits the exposure of individual insurers and the insurance industry as a whole
All of the following are used by the courts to establish negligence EXCEPT - ANS Policy
exclusions.
Which is the thing of value exchanged for the performance promised in the insurance contract?
- ANS Consideration
Which party is required to provide proof of loss to establish entitlement? - ANS The insured
Which of the following is a duty of the insured after a loss? - ANS Minimizing further loss
Before taking legal action, what third-party can help end disputes over the value of a loss? -
ANS Arbitrator
Which of the following is an example of a hospital indemnity plan? - ANS Pays a fixed amount
per day to the insured for each day the insured is hospitalized
Which of the following sides represent the front surface of the patient? - ANS Anterior
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, How long is the broad theft coverage endorsement invalid if the property is vacant? -
ANS More than 60 consecutive days
All of the following types of personal property are covered under Coverage C EXCEPT -
ANS Collectable gold coins
When a policy or certificate containing an accelerated benefit provision is applied for or
delivered, the producer is responsible for providing the applicant a summary of coverage that
includes all of the following EXCEPT - ANS A detailed and comprehensive summary of the
accelerated benefit
Which of the following is NOT a nonforfeiture option available in a Whole Life Policy? -
ANS Accumulation at interest
All the following are considered owned autos for personal automobile insurance EXCEPT -
ANS A vehicle leased for less than six months
An insurance company's right to cancel a policy is often limited by state laws but is generally
permitted under which of the following conditions? - ANS Non-payment of premium
Which of the following types of crime best describe the unlawful act of taking property from the
care and custody of another person while threatening to cause bodily harm? - ANS Robbery
Which part of the commercial general liability designates who is an insured? -
ANS Declarations
The insured is mowing his lawn when a stranger is noticed in the backyard. The stranger claims
to be a substitute delivery person. Several days later a gold watch can not be found. Which of
the following describes the loss? - ANS Mysterious disappearance
Which of the following is a qualified plan? - ANS 401(k)
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 13
QUESTIONS AND ANSWERS 2026
VERIFIED.
Which of the following is one of the objectives of the Terrorism Risk Insurance Act of 2002? -
ANS It limits the exposure of individual insurers and the insurance industry as a whole
All of the following are used by the courts to establish negligence EXCEPT - ANS Policy
exclusions.
Which is the thing of value exchanged for the performance promised in the insurance contract?
- ANS Consideration
Which party is required to provide proof of loss to establish entitlement? - ANS The insured
Which of the following is a duty of the insured after a loss? - ANS Minimizing further loss
Before taking legal action, what third-party can help end disputes over the value of a loss? -
ANS Arbitrator
Which of the following is an example of a hospital indemnity plan? - ANS Pays a fixed amount
per day to the insured for each day the insured is hospitalized
Which of the following sides represent the front surface of the patient? - ANS Anterior
@COPYRIGHT ALL RIGHTS RESERVED PAGE 1 OF 13
, How long is the broad theft coverage endorsement invalid if the property is vacant? -
ANS More than 60 consecutive days
All of the following types of personal property are covered under Coverage C EXCEPT -
ANS Collectable gold coins
When a policy or certificate containing an accelerated benefit provision is applied for or
delivered, the producer is responsible for providing the applicant a summary of coverage that
includes all of the following EXCEPT - ANS A detailed and comprehensive summary of the
accelerated benefit
Which of the following is NOT a nonforfeiture option available in a Whole Life Policy? -
ANS Accumulation at interest
All the following are considered owned autos for personal automobile insurance EXCEPT -
ANS A vehicle leased for less than six months
An insurance company's right to cancel a policy is often limited by state laws but is generally
permitted under which of the following conditions? - ANS Non-payment of premium
Which of the following types of crime best describe the unlawful act of taking property from the
care and custody of another person while threatening to cause bodily harm? - ANS Robbery
Which part of the commercial general liability designates who is an insured? -
ANS Declarations
The insured is mowing his lawn when a stranger is noticed in the backyard. The stranger claims
to be a substitute delivery person. Several days later a gold watch can not be found. Which of
the following describes the loss? - ANS Mysterious disappearance
Which of the following is a qualified plan? - ANS 401(k)
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 13
