New York Insurance Regulations Practice Questions — Page 10 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 10.
- 451.Under Reg 145, what enrollment structure does New York's small group medical market have for eligible small…Difficulty 1/5NY specific
- 452.In a New York life settlement transaction, whom does the life settlement broker represent?Difficulty 1/5NY specific
- 453.An employee is covered under her own employer's group health plan and also as a dependent under her husband…Difficulty 2/5NY specific
- 454.An agent deposits a client's premium check into the agency's operating account, which also pays office rent…Difficulty 2/5NY specific
- 455.Two years after a New York Medicare supplement policy is issued, the insured is diagnosed with cancer and b…Difficulty 2/5NY specific
- 456.How does New York law treat a misstatement of AGE differently from a material misstatement of HEALTH in a l…Difficulty 3/5NY specific
- 457.An annuity contract subject to N.Y. Ins. Law §3219 contains a misstatement of the annuitant's age. Under §3…Difficulty 3/5NY specific
- 458.A New York deferred annuity contract requires ongoing payments to the insurer. Under N.Y. Ins. Law §3219, a…Difficulty 2/5NY specific
- 459.A New York agent convinces a client to drop an existing long-term care policy and buy a new one the agent r…Difficulty 2/5NY specific
- 460.When a life insurance policy is backdated in accordance with N.Y. Ins. Law §3208, which of the following is…Difficulty 2/5NY specific
- 461.A New York insurance agency stores clients' personal data on its own information systems. Under the Departm…Difficulty 2/5NY specific
- 462.An applicant seeks life insurance on a child who is under fourteen years and six months of age, and the app…Difficulty 3/5NY specific
- 463.Under New York's small group rules administered by the Department of Financial Services, an employer group …Difficulty 2/5NY specific
- 464.Which of the following is a type of group to which a New York insurer may issue a group accident and health…Difficulty 1/5NY specific
- 465.Under the New York Insurance Law, an applicant for a nonresident producer license must:Difficulty 1/5NY specific
- 466.A New York employee's group health coverage ends when her employment terminates. Under N.Y. Ins. Law §3221(…Difficulty 1/5NY specific
- 467.The age of an insured is misstated in a New York life insurance application. Under the required misstatemen…Difficulty 1/5NY specific
- 468.In a life insurance illustration used in a New York sale, how must amounts that depend on the insurer's fut…Difficulty 1/5NY specific
- 469.An individual accident and health policy is delivered to a policyholder in Manhattan. Under the entire cont…Difficulty 1/5NY specific
- 470.What does N.Y. Ins. Law §4303(j) require of an accident and health policy delivered in New York with respec…Difficulty 1/5NY specific
- 471.A New York insurer that issued guaranteed renewable long-term care policies experiences rising claims costs…Difficulty 3/5NY specific
- 472.In a New York life insurance solicitation, when must the policy summary be delivered to the applicant?Difficulty 1/5NY specific
- 473.Under the Affordable Care Act, what does a health insurer's medical loss ratio (MLR) measure?Difficulty 1/5NY specific
- 474.Three siblings — one a New York resident, the others residents of two neighboring states — own a single lif…Difficulty 3/5NY specific
- 475.When may a New York Medicare beneficiary first purchase a Medicare supplement (Medigap) policy?Difficulty 1/5NY specific
- 476.Which of the following is an unfair claim settlement practice under New York Insurance Law §2601?Difficulty 1/5NY specific
- 477.Two business partners in Manhattan apply for life insurance on each other to fund a buy-sell agreement. Und…Difficulty 2/5NY specific
- 478.Before a New York life insurer may require an HIV-related blood test as part of individual underwriting, it…Difficulty 1/5NY specific
- 479.Under the conformity with state statutes provision required by N.Y. Ins. Law §3216(d)(2)(I), a policy provi…Difficulty 1/5NY specific
- 480.A New York consumer replaces an existing life insurance policy with a new one but has second thoughts after…Difficulty 3/5NY specific
- 481.A New York Medicare supplement applicant's disclosure statement describes the applicant's open enrollment r…Difficulty 2/5NY specific
- 482.A New York insurer issues a long-term care insurance policy. Under Reg 62, on what renewability basis must …Difficulty 1/5NY specific
- 483.Maria is covered as an employee under her own employer's group health plan in Albany, and she is also cover…Difficulty 2/5NY specific
- 484.A New York long-term care insured writes to her insurer asking how her benefits were calculated. Under Reg …Difficulty 1/5NY specific
- 485.After notice is served, a New York licensing hearing before the Department of Financial Services proceeds i…Difficulty 2/5NY specific
- 486.A New York individual accident and health policy is issued with premiums payable monthly. What is the grace…Difficulty 1/5NY specific
- 487.How does New York law treat statements made by an applicant in a life insurance application?Difficulty 1/5NY specific
- 488.Which of the following persons is an 'insurance producer' within the meaning of the New York Insurance Law?Difficulty 2/5NY specific
- 489.What is the defining characteristic of stranger-originated life insurance under N.Y. Ins. Law §7815?Difficulty 3/5NY specific
- 490.Under N.Y. Ins. Law §4235, which of the following may be issued a group accident and health policy in New Y…Difficulty 2/5NY specific
- 491.An insured's individual accident and health policy has premiums payable monthly. The monthly premium is due…Difficulty 2/5NY specific
- 492.Which statement best describes the scope of New York's regulation of life settlement advertising?Difficulty 3/5NY specific
- 493.Under Reg 62, how must a New York insurer handle the nonforfeiture benefit when a consumer applies for long…Difficulty 1/5NY specific
- 494.A life insurance policy delivered in Buffalo becomes incontestable, during the insured's lifetime, after it…Difficulty 1/5NY specific
- 495.Which statement correctly describes what a New York life insurer may require before reinstating a lapsed li…Difficulty 2/5NY specific
- 496.For purposes of New York long-term care insurance under Reg 62, when is a condition considered 'preexisting'?Difficulty 1/5NY specific
- 497.Under N.Y. Ins. Law §3209, the policy summary in a New York life insurance sale must be delivered to the pu…Difficulty 1/5NY specific
- 498.A small employer in New York asks when it can enroll its group in a small employer health plan. Under Reg 1…Difficulty 1/5NY specific
- 499.During a sales presentation in Albany, an agent tells a prospect: 'If this insurer ever fails, the Life Ins…Difficulty 1/5NY specific
- 500.A Buffalo licensee changes offices, moves to a new residence, and begins using a new email address for Depa…Difficulty 2/5NY specific