New York Insurance Regulations Practice Questions
600 free New York-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and NY insurance code duties tested on the New York Life & Health exam. Nationally applicable material lives in the other domains.
- 1.A trade association whose member businesses vary in size asks about obtaining small-group health coverage f…Difficulty 2/5NY specific
- 2.A New York resident wants to negotiate life settlement contracts for policy owners and charge a fee. What m…Difficulty 1/5NY specific
- 3.Under N.Y. Ins. Law §3219, an annuity contract delivered in New York that requires payments to the insurer …Difficulty 1/5NY specific
- 4.A New York agent markets annuities and life insurance to older consumers using a title that suggests the ag…Difficulty 1/5NY specific
- 5.What does the nonforfeiture benefit included in a New York long-term care insurance policy provide?Difficulty 1/5NY specific
- 6.Which of the following is a type of group that may be insured under a group accident and health policy issu…Difficulty 1/5NY specific
- 7.Under the New York Insurance Law, a life settlement provider license may be issued by the Superintendent of…Difficulty 1/5NY specific
- 8.Under New York law, the disclosures owed in connection with a life settlement contract are:Difficulty 1/5NY specific
- 9.A New York life policy names and excludes the insured's occupation as a test pilot, with no graduated benef…Difficulty 2/5NY specific
- 10.Under Reg 62, after a premium payment on a New York long-term care insurance policy is missed, the policy m…Difficulty 1/5NY specific
- 11.In a New York long-term care insurance solicitation, the primary consumer purpose of the Outline of Coverag…Difficulty 1/5NY specific
- 12.Which of the following is a ground on which the Superintendent may suspend or revoke a New York agent's lic…Difficulty 3/5NY specific
- 13.A New York life insurance producer asks how continuing education works. Under the New York Insurance Law, t…Difficulty 1/5NY specific
- 14.Which statement correctly contrasts the illegal occupation exclusion with the intoxicants and narcotics exc…Difficulty 3/5NY specific
- 15.Under New York's small employer health insurance rules, what is the definition of a small employer?Difficulty 1/5NY specific
- 16.A healthy Rochester resident tells her New York agent that she never bought a Medicare supplement policy be…Difficulty 2/5NY specific
- 17.A New York agent asks why the disclosure illustration for the long-term care policy she is showing a client…Difficulty 2/5NY specific
- 18.A New York policyholder wants a copy of the application attached to her life policy. Under N.Y. Ins. Law, s…Difficulty 1/5NY specific
- 19.A New York agent solicits a Medicare supplement policy from a prospect without asking whether the prospect …Difficulty 2/5NY specific
- 20.A labor union whose members work for many different New York employers wants to obtain accident and health …Difficulty 2/5NY specific
- 21.A licensed New York agent is helping a Manhattan client who is enrolled in Medicare evaluate Medicare suppl…Difficulty 2/5NY specific
- 22.An insurer decides to withdraw completely from New York's individual accident and health market. Which stat…Difficulty 3/5NY specific
- 23.A licensed life settlement broker's New York radio spot promotes the purchase of a new life insurance polic…Difficulty 1/5NY specific
- 24.Which statement about life settlement providers under New York law is correct?Difficulty 2/5NY specific
- 25.For purposes of New York's permitted compensation arrangements for Medicare supplement insurance, the term …Difficulty 1/5NY specific
- 26.Which of the following employers is NOT a small employer under New York's small-group market rules?Difficulty 2/5NY specific
- 27.An eligible small employer with 12 employees applies for medical coverage in the middle of the calendar yea…Difficulty 2/5NY specific
- 28.A New York life insurance application involves a loan arrangement in which the policy is used as collateral…Difficulty 2/5NY specific
- 29.Under N.Y. Ins. Law §2101(k), the term 'insurance producer' means:Difficulty 1/5NY specific
- 30.A New York life settlement intermediary's registration lapses, but she keeps negotiating settlements for ow…Difficulty 2/5NY specific
- 31.Which statement correctly describes the right-to-examine (free look) requirement for individual life polici…Difficulty 3/5NY specific
- 32.Which statement describes New York's optional dependent coverage extension to age 29?Difficulty 3/5NY specific
- 33.Which of the following statements about the scope of New York Insurance Regulation 187 is correct?Difficulty 3/5NY specific
- 34.As part of underwriting a life insurance application in New York, the insurer requires an HIV-related blood…Difficulty 1/5NY specific
- 35.Under Reg 74, a life insurance illustration is best described as:Difficulty 1/5NY specific
- 36.For purposes of New York's Medicare supplement replacement rules, a replacement takes place when:Difficulty 1/5NY specific
- 37.Each of the following is a permissible reason for a small employer carrier in New York to refuse renewal of…Difficulty 3/5NY specific
- 38.A New York applicant's life insurance application is declined because of the results of an HIV-related test…Difficulty 2/5NY specific
- 39.A New York individual accident and health policy is subject to the renewability requirements of N.Y. Ins. L…Difficulty 2/5NY specific
- 40.Before recommending an annuity to a New York consumer, an insurance producer complies with Reg 187 by...Difficulty 1/5NY specific
- 41.Which statement about Partnership-qualified long-term care policies in New York is correct?Difficulty 2/5NY specific
- 42.Under New York law, a medical expense insurance policy that covers physician services must also include cov…Difficulty 1/5NY specific
- 43.Under the entire contract provision required in New York life policies, the entire contract consists of:Difficulty 1/5NY specific
- 44.Under the entire-contract provision required in New York life policies, for how long after the policy is is…Difficulty 1/5NY specific
- 45.A New York insurer and its licensed agents plan to promote an individual major medical policy through direc…Difficulty 1/5NY specific
- 46.Under N.Y. Ins. Law §2101(k)(1), which statement about transacting the business of insurance in New York is…Difficulty 2/5NY specific
- 47.Under the New York Insurance Law, the fingerprinting requirement connected to life settlement licensing exi…Difficulty 2/5NY specific
- 48.The Department of Financial Services institutes proceedings against an agent's license. Before a final orde…Difficulty 1/5NY specific
- 49.Three years after an individual accident and health policy was issued in New York, the insurer discovers th…Difficulty 3/5NY specific
- 50.A New York life agent wants to give a newly insured client a thank-you gift card when the policy is deliver…Difficulty 1/5NY specific