Insurance Licensing NY-Life-Accident-and-Health Questions & Answers - in .pdf
- Total Q&A: 122
- Update: Jul 23, 2026
- Price: $59.99
- Vendor: Insurance Licensing
- Exam Code: NY-Life-Accident-and-Health
- Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
- Features:
- Convenient, easy to study.
- Printable Insurance Licensing NY-Life-Accident-and-Health PDF Format.
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- Complete Insurance Licensing Recommended Syllabus.
- Free NY-Life-Accident-and-Health PDF Demo Available.
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- Exact Insurance Licensing NY-Life-Accident-and-Health Exam Questions with Correct Answers, verified by Experts with years of Experience in IT Field.
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Insurance Licensing NY-Life-Accident-and-Health Q&A - Testing Engine
- Total Q&A: 122
- Update: Jul 23, 2026
- Price: $59.99
- Vendor: Insurance Licensing
- Exam Code: NY-Life-Accident-and-Health
- Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
- Features:
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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
| Topic 1: General Insurance Principles | 15-20% | - Fair claims settlement practices
- Underwriting principles
- Ethical sales practices
- Insurance contract fundamentals
- Agent/broker duties and ethics
|
| Topic 2: Life Insurance Fundamentals | 25-30% | - Policy riders and endorsements
- Policy reinstatement
- Dividends and nonforfeiture options
- Policy types and provisions
- Beneficiary designations
|
| Topic 3: Accident and Health Insurance | 25-30% | - Health insurance policy types (individual, group, HMOs)
- Disability income insurance
- Dental and vision insurance basics
- Long-term care insurance basics
- Medical expense coverage
- Major medical coverage
|
| Topic 4: New York State Regulations | 20-25% | - Fiduciary responsibilities
- NYS Insurance Law requirements
- Consumer protection regulations
- Licensing requirements and procedures
- Advertising regulations
- Replacement and churn rules
|
Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:
1. Under the grace period, an insured submits a $300 claim for medical expenses. The insurer notes that the insured has a past due premium of $100, and as a result, the insurer only pays $200. Which of the following provisions covers this situation?
A) Unpaid premium.
B) Payment of claims.
C) Payment actions.
D) Misstatement of age.
2. Which of the following statements is TRUE concerning classification of risks?
A) Rated policies merit lower premiums.
B) Preferred risks pay a lower premium than standard risks.
C) Substandard applicants are never issued policies.
D) A preferred individual is issued a rated policy.
3. Penalties that may be levied by the Department of Insurance for committing insurance fraud do NOT include
A) license revocation.
B) probation.
C) license suspension.
D) fines.
4. With respect to small group health benefit plans, a carrier may discontinue coverage or may refuse to renew such a plan if the employer
A) has filed for bankruptcy in the prior year.
B) falls to pay the premium prior to the end of the grace period.
C) has a supplemental plan with a competing carrier.
D) employs fewer than 15 full-time employees.
5. Which premium payment mode typically results in the lowest overall cost for a life insurance policy?
A) Quarterly
B) Annually
C) Monthly
D) Semi-Annually
Solutions:
Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: B |
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