NY INDEPENDENT GENERAL ADJUSTER 17-70
SERIES 180 EXAM QUESTIONS & CORRECT
ANSWERS LATEST 2025
Dram Shop Liability refers to: - ANSWER-Liquor Law Liability.
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? - ANSWER-
Neglect.
To be eligible for the New York assigned risk auto plan a person must: - ANSWER-
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Any insurance adjuster whose license has been revoked for cause will not be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: -
ANSWER-One Year.
A typical benefit design for a long term care policy does not include a: - ANSWER-
Conditionally or optionally renewability feature.
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? - ANSWER-30 Days.
,A common carrier is not held liable for the loss of a shipper's goods when the loss
results from: - ANSWER-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? - ANSWER-Only an insurance
regulatory official.
When is a passenger first covered under an aircraft policy? - ANSWER-When
Entering the Aircraft.
If an insured takes precautionary measures to protect property from flood
damage such as creating a retaining wall of sand bags, how much coverage if any,
will be provided by a flood policy? - ANSWER-$1,000 if the flood is imminent and
the property is in danger of flooding.
Which Commercial Forms would cover sinkhole collapse? - ANSWER-Basic, Broad,
and Special.
______ is a movement allowed by certain joints of the skeleton that decreases
the angle between two adjoining bones. - ANSWER-Flexion
The listing of the perils covered is found in which part of a homeowner policy? -
ANSWER-Insuring Agreement.
If a dog owned by a customer is injured in the parking lot of a store, is that
considered bodily injury under liability coverage? - ANSWER-No. The dog is
property and would be consider property damage.
, The Superintendent of Insurance may approve the employment, appointment or
participation of any person whose license has been revoked. Karen Jones had her
license revoked and filed an application for relicensing and has waited over 120
days without a response from the Insurance Department. What should or can she
do? - ANSWER-Assume the relicensing is approved.
Mr. Vickers was in a hurry to catch a plane. He parks his car in the parking garage
at the airport and leaves the keys in the ignition. When he returns he finds that
his car has been stolen. Later the car was discovered with severe collision
damage. The airport carries Garagekeeper's Legal Liability coverage and Mr.
Vickers carries Liability and Comprehensive coverage on his auto. What coverage
would apply? - ANSWER-Mr. Vickers comprehensive coverage.
An automobile is polluting the environment. What engine component could be
the primary cause? - ANSWER-Catalytic Converter Malfunction.
Under the dwelling policy, DP2 or D3, what is the maximum amount of Coverage
A that would be paid for additional living expenses? - ANSWER-20%
Workers compensation policies also include employer's liability coverage. If any
employer fails to maintain the equipment and an employee is injured, would it be
covered under this coverage? - ANSWER-Yes.
Fidelity bonds are typically written to be effective for a: - ANSWER-Continuous
term without an expiration date.
One purpose of a deductible is to: - ANSWER-Eliminate small claims.
SERIES 180 EXAM QUESTIONS & CORRECT
ANSWERS LATEST 2025
Dram Shop Liability refers to: - ANSWER-Liquor Law Liability.
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? - ANSWER-
Neglect.
To be eligible for the New York assigned risk auto plan a person must: - ANSWER-
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: -
ANSWER-One Year.
A typical benefit design for a long term care policy does not include a: - ANSWER-
Conditionally or optionally renewability feature.
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? - ANSWER-30 Days.
,A common carrier is not held liable for the loss of a shipper's goods when the loss
results from: - ANSWER-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? - ANSWER-Only an insurance
regulatory official.
When is a passenger first covered under an aircraft policy? - ANSWER-When
Entering the Aircraft.
If an insured takes precautionary measures to protect property from flood
damage such as creating a retaining wall of sand bags, how much coverage if any,
will be provided by a flood policy? - ANSWER-$1,000 if the flood is imminent and
the property is in danger of flooding.
Which Commercial Forms would cover sinkhole collapse? - ANSWER-Basic, Broad,
and Special.
______ is a movement allowed by certain joints of the skeleton that decreases
the angle between two adjoining bones. - ANSWER-Flexion
The listing of the perils covered is found in which part of a homeowner policy? -
ANSWER-Insuring Agreement.
If a dog owned by a customer is injured in the parking lot of a store, is that
considered bodily injury under liability coverage? - ANSWER-No. The dog is
property and would be consider property damage.
, The Superintendent of Insurance may approve the employment, appointment or
participation of any person whose license has been revoked. Karen Jones had her
license revoked and filed an application for relicensing and has waited over 120
days without a response from the Insurance Department. What should or can she
do? - ANSWER-Assume the relicensing is approved.
Mr. Vickers was in a hurry to catch a plane. He parks his car in the parking garage
at the airport and leaves the keys in the ignition. When he returns he finds that
his car has been stolen. Later the car was discovered with severe collision
damage. The airport carries Garagekeeper's Legal Liability coverage and Mr.
Vickers carries Liability and Comprehensive coverage on his auto. What coverage
would apply? - ANSWER-Mr. Vickers comprehensive coverage.
An automobile is polluting the environment. What engine component could be
the primary cause? - ANSWER-Catalytic Converter Malfunction.
Under the dwelling policy, DP2 or D3, what is the maximum amount of Coverage
A that would be paid for additional living expenses? - ANSWER-20%
Workers compensation policies also include employer's liability coverage. If any
employer fails to maintain the equipment and an employee is injured, would it be
covered under this coverage? - ANSWER-Yes.
Fidelity bonds are typically written to be effective for a: - ANSWER-Continuous
term without an expiration date.
One purpose of a deductible is to: - ANSWER-Eliminate small claims.
