New York Independent General Adjuster Exam Simulator - Series 17-70 || Complete Questions & Answers (100% Verified)

When an insurer intends to non-renew a homeowners policy in New York, at least _____ advance notice of non-renewal must be sent to the insured. Answer Choices: Select the Correct Answer 45 days 60 days 90 days 30 days {Ans: 45 days is correct. EXPLANATION: In addition to this specific time of advance notice, specific reasons for the company's decision to not renew must accompany the notice.}The maximum seating capacity and total floor space for a fine dining restaurant covered under a BOP is? Answer Choices: Select the Correct Answer 75 150 75 seats with 7,500 total square feet 150 seats with 7,500 total square feet {Ans: 150 seats with 7,500 total square feet. EXPLANATION: A fine dining restaurant can have up to 150 seats but still must have only 7,500 of total floor space.}A business covered under a BOP is shut down due to the acts of a civil authority. Which of the following BOP coverages would NOT be subject to a waiting period before coverage would apply? Business Income Extra Expense Extended Business Income Contingent Business Income {Ans: The correct answer is: Extra Expense. EXPLANATION: Under the BOP forms, if the actions of a civil