NY Independent General Adjuster Practice Exam 2024

Which of the following is covered by a dread disease policy?Answer - illnesses that do not occur frequently but incur significant costs when they do occur Which of the following professionals would purchase Directors and Officers (D &O) insurance to manage the liability risk associated with their activities?Answer - chief executive officer For the commercial general liability coverages of bodily injury, property damage and medical payments, which of the following limits of insurance apply if the aggregate limit is NOT met?Answer - per occurrence An injured employee covered under workers' compensation is entitled to reasonably justifiable expenses for retraining. This benefit falls under which of the following?Answer - vocational rehabilitation Which of the following is the party who agrees to be responsible for loss in the case of a fidelity bond?Answer - the surety What increases the potential loss of an unforeseen event that causes injury to an insured or damage to property?Answer - Hazard Which of the following sides represent the front surface of the patient?Answer - anterior Which party is required to provide proof of loss to establish entitlement?Answer - the insured Wh