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New York Adjuster Exam Questions and Answers Already Passed

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New York Adjuster Exam Questions and Answers Already Passed Offering any return of premium, valuable consideration or inducement when purchasing an insurance policy is an example of: - Answer ️️ -I. Illegal Inducement II. Rebating Under a watercraft or yacht policy how claims are settled: - Answer ️️ -Actual cash value When may an insured sue an insurance company? - Answer ️️ -Not until the insured has complied with all policy provisions and within the time limit specified in ...

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New York State Property and Casualty Licensing Exam Questions and Answers Graded A+

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New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of - Answer ️️ -Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability - Answer ️️ -...

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New York Adjuster Exam 2024

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New York Adjuster Exam 2024 The insured has moved into a dwelling that was being build and was covered by the "Dwelling Under Construction" endorsement. How long does the insured have to report his / her occupancy to the insurance company? - Answer ️️ -30 days When a New York Homeowners policy is still in the 60-day underwriting period, the insurer may cancel it for any reason by providing a ______ notice. - Answer ️️ -30 day Personal property that is covered under the Personal P...

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NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass

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NY Independent General Adjuster Exam - Series 17-70 Questions and Answers 100% Pass Dram Shop Liability refers to: - Answer ️️ -Liquor Law Liability. The insured has suffered a covered loss under his DP-3 dwelling form. He fails to protect the property from further loss. The additional loss that occurs as a result of his inactions may be denied because of what clause in the policy? - Answer ️️ -Neglect. To be eligible for the New York assigned risk auto plan a person must: - Answer...

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