New York Independent Adjuster General Test with All correct Answers |Assured Pass

New York Independent Adjuster General Test with All correct Answers |Assured Pass

All of the following statements are true regarding the Federal Employers Liability Act (FELA), EXCEPT: {{Correct Ans- It provides workers' compensation coverage for employees working in federal government buildings.

Property damage to an insured's work that arises out of the work and is part of the products-completed operations hazard, as defined in a commercial umbrella liability policy is: {{Correct Ans- Usually excluded unless the work out of which the damage arose was done by a subcontractor rather than the insured.

The insured car dealer carries dealer's physical damage coverage with comprehensive and collision coverage. One of the salesmen allows an old customer to test drive a van. The customer steals the car and it is later found heavily damaged in an accident. The adjuster will: {{Correct Ans- Deny the claim unless the insured carries "false pretense" coverage.

The limit for "medical and rehabilitation expenses" under the New York automobile "No-Fault" law is: {{Correct Ans- $50,000.

All of the following types of signs can be covered by the Sign Coverage Form, except: {{Correct Ans- Signs carved in stone or brick

Which of the following is used to bring a standardized insurance form into compliance with state laws? {{Correct Ans- Endorsements.

Most crop insurance in the United States is written by: {{Correct Ans- Private stock and mutual companies.