Accident & Health Insurance Licensing Study
Guide (2025) || Questions & Answers (100%
Correct)
___________________________________________________________________
What is an incorrect statement on liability Part A of a Personal Auto Policy
When Part A limits are exhausted any limits for Uninsured Motorists coverage can be used to
pay the entire claim
What is not true of a Physician, Surgeon, Dentist form?
It is available to be written on an occurrence form only
What is not true of the NY Motor Vehicle Accident Indemnification Corporation?
The injured party must submit all medical bills along with the claim forms within 30 days of the
accident that caused the injury
How much does NY pay a family for death benefits for the minimum financial responsibility limit?
$50,000
Which section of an insurance policy contains language to assist an insurance company in managing
morale and moral hazards
The exclusions
The funds assessed to be deposited into the NY Special Disability Fund are deposited with?
The Commissioner of Taxation and Finance
Someone has been hired to work for Namee Insurance Company to adjust workers compensation
claims in the office. This person works as what type of adjuster?
A staff or adjuster who is working as an employee
A products-completed operations claim can be made against products manufacturers, wholesalers,
and retailers alleging fault and legal responsibilities except for...
Vicarious liability
The minimum coverage amount for UM/UIM in NY is?
$25,000 per person; $50,000 per accident
Part 1 of workers compensation policy covers all but:
Bodily injury caused by employer negligence
Guide (2025) || Questions & Answers (100%
Correct)
___________________________________________________________________
What is an incorrect statement on liability Part A of a Personal Auto Policy
When Part A limits are exhausted any limits for Uninsured Motorists coverage can be used to
pay the entire claim
What is not true of a Physician, Surgeon, Dentist form?
It is available to be written on an occurrence form only
What is not true of the NY Motor Vehicle Accident Indemnification Corporation?
The injured party must submit all medical bills along with the claim forms within 30 days of the
accident that caused the injury
How much does NY pay a family for death benefits for the minimum financial responsibility limit?
$50,000
Which section of an insurance policy contains language to assist an insurance company in managing
morale and moral hazards
The exclusions
The funds assessed to be deposited into the NY Special Disability Fund are deposited with?
The Commissioner of Taxation and Finance
Someone has been hired to work for Namee Insurance Company to adjust workers compensation
claims in the office. This person works as what type of adjuster?
A staff or adjuster who is working as an employee
A products-completed operations claim can be made against products manufacturers, wholesalers,
and retailers alleging fault and legal responsibilities except for...
Vicarious liability
The minimum coverage amount for UM/UIM in NY is?
$25,000 per person; $50,000 per accident
Part 1 of workers compensation policy covers all but:
Bodily injury caused by employer negligence
