Ny adjuster practice exam - Study guides, Class notes & Summaries
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NY ADJUSTER PRACTICE EXAM
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NY ADJUSTER PRACTICE EXAM
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NY Adjuster Practice Exam Questions with 100% Correct Answers
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Which of the following is one of the objectives of the Terrorism Risk Insurance Act of 2002? Correct Answer 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 Correct Answer Policy exclusions. 
 
Which is the thing of value exchanged for the performance promised in the insurance contract? Correct Answer Consideration 
 
Which party is required to provide proof of loss to establish entit...
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NY Adjuster Practice Exam Q&A Latest 2024
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NY Adjuster Practice Exam Q&A Latest 2024 
 
What is common law based on? - court decisions and customs 
 
Joanne sells her house to her sister, Dianne. To save Dianne the trouble of finding her own homeowners policy, Joanne calls her insurance company and tells them that Dianne bought her house and any future claims settlements should be paid to Dianne. Joanne's insurer tells her they can't do that because of what condition? - Assignment 
 
What is the best definition of "insured"? - Indivi...
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NY Adjuster Practice Exam Questions with Verified Answers
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NY Adjuster Practice Exam Questions with Verified Answers 
 
Which of the following is one of the objectives of the Terrorism Risk Insurance Act of 2002? - 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 - Policy exclusions. 
 
Which is the thing of value exchanged for the performance promised in the insurance contract? - Consideration 
 
Which party is required to provide proof of ...
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NY Adjuster practice exam missed questions With Complete Solutions(Rated A)
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What is the first step in any claims settlement process? 
A. Establish lines of communication 
B. Prepare the paperwork 
C. Acknowledge the claim 
D. Investigate the loss - ANSWER-C. Acknowledge the claim 
Correct Answer 
 
Robby carpools to school with his friends, and he enjoys racing the other cars on the road whenever he can. His Dad lectures him about the dangers of speeding, but Robby thinks his Dad is overreacting. He's been driving for two whole years, so he knows what he's doing. And ...
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NY ADJUSTER PRACTICE EXAM with Correct Solutions 2024
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NY ADJUSTER PRACTICE EXAM with 
Correct Solutions 2024 
1. The deductible does each of these EXCEPT: 
a. reduce loss costs 
b. lower premium costs 
c. indemnify the insured 
d. excludes payment for small claims - Answer -c. indemnify the insured 
2. The Other Insurance Clause: 
a. prohibits other insurance on the same property 
b. upholds the principle of indemnity 
c. allows coverage for catastrophic losses 
d. allows more than one person to be insured under the policy - Answer -b. upholds the ...
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NY ADJUSTER PRACTICE EXAM/100% correct answers
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NY ADJUSTER PRACTICE EXAM/100% correct answers 
 
 
1. The deductible does each of these EXCEPT: 
 
a. reduce loss costs 
b. lower premium costs 
c. indemnify the insured 
d. excludes payment for small claims - answers-c. indemnify the insured
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NY ADJUSTER PRACTICE EXAM QUESTIONS AND ANSWERS|GUARANTEED SUCCESS
- Exam (elaborations) • 4 pages • 2023
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1. The deductible does each of these EXCEPT: 
 
a. reduce loss costs 
b. lower premium costs 
c. indemnify the insured 
d. excludes payment for small claims 
c. indemnify the insured 
 
 
 
2. The Other Insurance Clause: 
 
a. prohibits other insurance on the same property 
b. upholds the principle of indemnity 
c. allows coverage for catastrophic losses 
d. allows more than one person to be insured under the policy 
b. upholds the principle of indemnity 
 
 
 
3. Chance of a windstorm causing a...
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NY ADJUSTER PRACTICE EXAM QUESTIONS AND ANSWERS.
- Exam (elaborations) • 4 pages • 2023
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NY ADJUSTER PRACTICE EXAM QUESTIONS AND ANSWERS.
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NY Independent General Adjuster Practice Exam Questions And Answers Rated A+
- Exam (elaborations) • 8 pages • 2024
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NY Independent General Adjuster Practice Exam Questions And Answers Rated A+ 
 
NY Independent General Adjuster Practice Exam Questions And Answers Rated A+
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