NY INDEPENDENT GENERAL ADJUSTER EXAM ACTUAL
EXAM 2025/2026 | ACTUAL COMPLETE ALL REAL EXAM
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS)| ALREADY GRADED A+ | LATEST EXAM
What is not specifically considered an unfair trade practice
under the insurance code of most states? - ANSWER-
Appointment of producers by unauthorized insurers.
Are costs to recall products that may be defective considered
"your product" under the CGL policy? - ANSWER-No.
Would the Business Owner's Policy (BOP) cover injury or
damage caused by the operation of mobile equipment? -
ANSWER-Yes.
A company has been hired to determine the extent of pollution
damage and recommend methods of its removal. However, it
fails to identify some of the pollutants. What coverage might
this company need to cover their liability exposures? -
ANSWER-Environmental Errors and Omissions Coverage.
,Convenience stores selling gasoline must have a minimum of
______ square feet in total floor area in order to qualify for the
BOP? - ANSWER-3,000.
Who uses the State Insurance Fund workers compensation
coverage? - ANSWER-The fund is for both those employers
unable to obtain coverage and those purchasing coverage in
the competitive market.
Upon request made by the consumer, a person who procures
an investigative consumer report on the consumer must make
a complete and accurate disclosure to the consumer of the
nature of the report and investigation within: - ANSWER-in
writing and mailed to the consumer within 5 days of the
request..
Which of the following best describes an abnormal condition in
which a clot develops within a blood vessel? - ANSWER-
Thrombosis
What can be added by endorsement to an Equipment
Breakdown Policy? - ANSWER-Business Income.
What does Coverage F under the Farm Forms refer to? –
ANSWER-Unscheduled personal property.
,Employee dishonesty coverage does not include: - ANSWER-
Robbery of an employee.
What does Employee Dishonesty Coverage provide? -
ANSWER-Covers losses caused by the dishonest acts of
employees.
Who can bind an insurance coverage by oral or written
agreement? – ANSWER-Property and Casualty Producer.
What is Drive Other Car Coverage? - ANSWER-Provides
coverage for the owner of a business that does not own an
auto.
Attempting to settle claims on the basis of an application which
was altered without notice to, or knowledge or consent of, the
insured is an example of: - ANSWER-An unfair claims practice
act.
How is property covered under an unendorsed BOP form? -
ANSWER-Open
Peril.
, What 2 additional coverages can be found on the DP2 and DP3
that are not found on the DP1? - ANSWER-Collapse and
Lawns/Plants/Trees/Shrubs
If an insurer requires an application for reinstatement and it
takes no action on that application for ____, the policy is: -
ANSWER-45 days/reinstated.
In a bond that has been in place and renewed for several years
with the same carrier, under the "loss sustained under previous
insurance condition" which would respond to a claim that was
just discovered but which actually happened two years ago? -
ANSWER-The current bond.
An insurer is required to acknowledge receipt of notice of a
claim within: - ANSWER-15 working days.
What does the CAN-SPAM act of 2003 require? - ANSWER-
Senders of commercial electronic mail may not mislead
recipients as to the source or content of such mail.
The general property flood coverage form for commercial
property will settle claims on the basis of: - ANSWER-Actual
Cash Value.
EXAM 2025/2026 | ACTUAL COMPLETE ALL REAL EXAM
QUESTIONS AND CORRECT ANSWERS (VERIFIED
ANSWERS)| ALREADY GRADED A+ | LATEST EXAM
What is not specifically considered an unfair trade practice
under the insurance code of most states? - ANSWER-
Appointment of producers by unauthorized insurers.
Are costs to recall products that may be defective considered
"your product" under the CGL policy? - ANSWER-No.
Would the Business Owner's Policy (BOP) cover injury or
damage caused by the operation of mobile equipment? -
ANSWER-Yes.
A company has been hired to determine the extent of pollution
damage and recommend methods of its removal. However, it
fails to identify some of the pollutants. What coverage might
this company need to cover their liability exposures? -
ANSWER-Environmental Errors and Omissions Coverage.
,Convenience stores selling gasoline must have a minimum of
______ square feet in total floor area in order to qualify for the
BOP? - ANSWER-3,000.
Who uses the State Insurance Fund workers compensation
coverage? - ANSWER-The fund is for both those employers
unable to obtain coverage and those purchasing coverage in
the competitive market.
Upon request made by the consumer, a person who procures
an investigative consumer report on the consumer must make
a complete and accurate disclosure to the consumer of the
nature of the report and investigation within: - ANSWER-in
writing and mailed to the consumer within 5 days of the
request..
Which of the following best describes an abnormal condition in
which a clot develops within a blood vessel? - ANSWER-
Thrombosis
What can be added by endorsement to an Equipment
Breakdown Policy? - ANSWER-Business Income.
What does Coverage F under the Farm Forms refer to? –
ANSWER-Unscheduled personal property.
,Employee dishonesty coverage does not include: - ANSWER-
Robbery of an employee.
What does Employee Dishonesty Coverage provide? -
ANSWER-Covers losses caused by the dishonest acts of
employees.
Who can bind an insurance coverage by oral or written
agreement? – ANSWER-Property and Casualty Producer.
What is Drive Other Car Coverage? - ANSWER-Provides
coverage for the owner of a business that does not own an
auto.
Attempting to settle claims on the basis of an application which
was altered without notice to, or knowledge or consent of, the
insured is an example of: - ANSWER-An unfair claims practice
act.
How is property covered under an unendorsed BOP form? -
ANSWER-Open
Peril.
, What 2 additional coverages can be found on the DP2 and DP3
that are not found on the DP1? - ANSWER-Collapse and
Lawns/Plants/Trees/Shrubs
If an insurer requires an application for reinstatement and it
takes no action on that application for ____, the policy is: -
ANSWER-45 days/reinstated.
In a bond that has been in place and renewed for several years
with the same carrier, under the "loss sustained under previous
insurance condition" which would respond to a claim that was
just discovered but which actually happened two years ago? -
ANSWER-The current bond.
An insurer is required to acknowledge receipt of notice of a
claim within: - ANSWER-15 working days.
What does the CAN-SPAM act of 2003 require? - ANSWER-
Senders of commercial electronic mail may not mislead
recipients as to the source or content of such mail.
The general property flood coverage form for commercial
property will settle claims on the basis of: - ANSWER-Actual
Cash Value.
