Ny insurance - Study guides, Class notes & Summaries

NY INSURANCE ADJUSTER EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)

NY Life Accident, and Health Insurance Agent Broker Exam Series 17-55 Complete Solutions 2022/2023 NY Life, Accident, and Health Insurance Agent Broker Exam Series 17-55 Complete Solutions 2022/2023

New home buyer S called his agent and told him that he wanted the broadest coverage available for his new home. Which policy would the agent be most likely to recommend? A) HO-3 B) HO-5 C) HO-2 D) HO-8 B Which of the following best defines a hazard? A) It eliminates the chance of loss B) It increases the chance of loss C) It is a cause of loss D) It increases the amount of loss B Under the Homeowners Forms, Coverage C includes which type of coverage? A Other Structures B Additio...

NY Insurance Adjuster Exam Questions And Answers With Latest Quiz NY Insurance Adjuster Exam Questions And Answers With Latest Quiz

PSI ONLINE EXAMINATION NY INSURANCE PROPERTY AND CASUALTY PRACTICE TEST QUESTIONS WITH COMPLETE SOLUTIONS. a. compensate for actual financial losses Punitive damages are intended to do all of the following except? a. compensate for actual financial losses. b. discourage others from doing wrong. c. discipline the insured. d. make an example of bad behavior d. vacant means the absence of people and property Which of the following BEST differentiates the terms vacant versus unoccupied? a. ...

NY Property and Casualty Insurance Exam Graded A+ Specific insurance - This type of insurance designates a particular item to be insured Blanket insurance - This type of insurance covers more than one item of property at a single location or one more items of property at multiple locations. Speculative - possibility of both gain and loss. Not insurable. Pure - only the possibility of loss. Insurable. What are the 5 methods of managing or handling risk? - avoid, control, retain, an...

NY Insurance Adjuster 2024 Practice Exam || Questions & Answers (Rated A+) NY Insurance Adjuster 2024 Practice Exam || Questions & Answers (Rated A+) Which of the following is one of the objectives of the Terrorism Risk Insurance Act of 2002? - 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 - ANSWER - Policy exclusions. Which is the thing of value exchanged for the p...

NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55