Personal lines new york - Study guides, Class notes & Summaries

New York Personal Lines Final Exam 2023 with Verified Solutions

New York Personal Lines Final Exam with complete solution

1. A passenger is injured while getting into a friends car. Which of the following statements would apply if both the passenger and the driver had medical payments coverage under the auto policy. ANS The drivers policy would be primary. 2. Adverse selection is a concept best described as ANS Risks with higher proba- bility of loss, seeking insurances more often than other risks. 3. An example of an alien insurer doing business in NY is one formed under the laws of ANS Mexico 4. According t...

What is a broad definition of data? Raw facts that are captured on printed or digital media What are data? Facts that are collected and stored in a database system What is a determining characteristic of unstructured data? It does not follow a data model. Which is true about flat files? They contain no internal hierarchical organization. Which technology has no internal hierarchy? Flat files How were data retrieved before database management systems? Sequ...

CHAPTER Version A I. True or _________ 1. _________ 2. _________ 3. _________ 4. _________ 5. known as suppliers. II. Write down the letter of the answer that best answers the question or completes the statement. _________ 6. The term VFR travel refers to: A. Visiting Friends and Relatives B. Very Frequent Reservations C. Very Favorable Restrictions D. Trick question: VFR refers to nothing _________ 7. Which of the following is not a sector of the travel industry? A. Corporate t...

New York All Lines Adjuster Exam with 100% Correct Answers (Graded) DP - valuation - ANSWER-DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - ANSWER-20% of A DP - coverages (A-E) - ANSWER-A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional living expenses - ANSWER-DP-1 - NONE DP-2/3 - 20% of A DP - Property removed is covered for ___ days. - ANSWER-DP-...

AL P&C Test Questions and Answers (Verified Solutions) Latest 2024/2025 Graded A+. Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employee theft D. Loss of use - correct answer D. Loss of use AL P&C Test Questions and Answers (Verified Solutions) Latest 2024/2025 Graded A+ - University of Alabama Which is a two party contract? A. Property B. Casualty C. Liability D. Auto - correct answer A. Property Insurance contracts offset A. speculative r...

New York State Auto Damage and Theft Motor Vehicle No-Fault And Workers Compensation Health Services Adjuster (Series 17-72) Exam Review 2024/2025 An "uninsured motor vehicle" under a personal auto policy does not include:-CORRECT ANSWER-An abandoned car used as a residence. . Which of the following are exempt from certain sections of the New York cybersecurity regulation?-CORRECT ANSWER-All responses listed are correct.. Danny owns an auto body shop and he has received a request ...

New York auto exam 17-66 study guide rated A+ All of the following are reasons that an adjuster should keep very detailed log notes, EXCEPT: To produce notes that will support a fraudulent denial of claims. . The adjuster's log notes are used to determine negligent parties, to assist in detecting fraud, to become a part of the claims file, and to be used in future proceedings. The log notes are not intended to produce a fraudulent record to deny a claim. When a homeowners policy has been in ...

AL P&C Test Questions and Answers (Verified Solutions) Latest 2024/2025 Graded A+ - University of Alabama . What is the term used to describe terminating the insurance relationship at the end of the policy period? A. Cancellation B. Nonrenewal C. Separation D. Exclusion - correct answer B. Nonrenewal Which is the best example of an indirect loss? A. Sequential loss B. Liability loss C. Employee theft D. Loss of use - correct answer D. Loss of use AL P&C Test Questions and Answers (Ve...