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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.

  1. 451.Under Reg 145, what enrollment structure does New York's small group medical market have for eligible small…
    Difficulty 1/5NY specific
  2. 452.In a New York life settlement transaction, whom does the life settlement broker represent?
    Difficulty 1/5NY specific
  3. 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
  4. 454.An agent deposits a client's premium check into the agency's operating account, which also pays office rent…
    Difficulty 2/5NY specific
  5. 455.Two years after a New York Medicare supplement policy is issued, the insured is diagnosed with cancer and b…
    Difficulty 2/5NY specific
  6. 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
  7. 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
  8. 458.A New York deferred annuity contract requires ongoing payments to the insurer. Under N.Y. Ins. Law §3219, a…
    Difficulty 2/5NY specific
  9. 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
  10. 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
  11. 461.A New York insurance agency stores clients' personal data on its own information systems. Under the Departm…
    Difficulty 2/5NY specific
  12. 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
  13. 463.Under New York's small group rules administered by the Department of Financial Services, an employer group …
    Difficulty 2/5NY specific
  14. 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
  15. 465.Under the New York Insurance Law, an applicant for a nonresident producer license must:
    Difficulty 1/5NY specific
  16. 466.A New York employee's group health coverage ends when her employment terminates. Under N.Y. Ins. Law §3221(…
    Difficulty 1/5NY specific
  17. 467.The age of an insured is misstated in a New York life insurance application. Under the required misstatemen…
    Difficulty 1/5NY specific
  18. 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
  19. 469.An individual accident and health policy is delivered to a policyholder in Manhattan. Under the entire cont…
    Difficulty 1/5NY specific
  20. 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
  21. 471.A New York insurer that issued guaranteed renewable long-term care policies experiences rising claims costs…
    Difficulty 3/5NY specific
  22. 472.In a New York life insurance solicitation, when must the policy summary be delivered to the applicant?
    Difficulty 1/5NY specific
  23. 473.Under the Affordable Care Act, what does a health insurer's medical loss ratio (MLR) measure?
    Difficulty 1/5NY specific
  24. 474.Three siblings — one a New York resident, the others residents of two neighboring states — own a single lif…
    Difficulty 3/5NY specific
  25. 475.When may a New York Medicare beneficiary first purchase a Medicare supplement (Medigap) policy?
    Difficulty 1/5NY specific
  26. 476.Which of the following is an unfair claim settlement practice under New York Insurance Law §2601?
    Difficulty 1/5NY specific
  27. 477.Two business partners in Manhattan apply for life insurance on each other to fund a buy-sell agreement. Und…
    Difficulty 2/5NY specific
  28. 478.Before a New York life insurer may require an HIV-related blood test as part of individual underwriting, it…
    Difficulty 1/5NY specific
  29. 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
  30. 480.A New York consumer replaces an existing life insurance policy with a new one but has second thoughts after…
    Difficulty 3/5NY specific
  31. 481.A New York Medicare supplement applicant's disclosure statement describes the applicant's open enrollment r…
    Difficulty 2/5NY specific
  32. 482.A New York insurer issues a long-term care insurance policy. Under Reg 62, on what renewability basis must …
    Difficulty 1/5NY specific
  33. 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
  34. 484.A New York long-term care insured writes to her insurer asking how her benefits were calculated. Under Reg …
    Difficulty 1/5NY specific
  35. 485.After notice is served, a New York licensing hearing before the Department of Financial Services proceeds i…
    Difficulty 2/5NY specific
  36. 486.A New York individual accident and health policy is issued with premiums payable monthly. What is the grace…
    Difficulty 1/5NY specific
  37. 487.How does New York law treat statements made by an applicant in a life insurance application?
    Difficulty 1/5NY specific
  38. 488.Which of the following persons is an 'insurance producer' within the meaning of the New York Insurance Law?
    Difficulty 2/5NY specific
  39. 489.What is the defining characteristic of stranger-originated life insurance under N.Y. Ins. Law §7815?
    Difficulty 3/5NY specific
  40. 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
  41. 491.An insured's individual accident and health policy has premiums payable monthly. The monthly premium is due…
    Difficulty 2/5NY specific
  42. 492.Which statement best describes the scope of New York's regulation of life settlement advertising?
    Difficulty 3/5NY specific
  43. 493.Under Reg 62, how must a New York insurer handle the nonforfeiture benefit when a consumer applies for long…
    Difficulty 1/5NY specific
  44. 494.A life insurance policy delivered in Buffalo becomes incontestable, during the insured's lifetime, after it…
    Difficulty 1/5NY specific
  45. 495.Which statement correctly describes what a New York life insurer may require before reinstating a lapsed li…
    Difficulty 2/5NY specific
  46. 496.For purposes of New York long-term care insurance under Reg 62, when is a condition considered 'preexisting'?
    Difficulty 1/5NY specific
  47. 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
  48. 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
  49. 499.During a sales presentation in Albany, an agent tells a prospect: 'If this insurer ever fails, the Life Ins…
    Difficulty 1/5NY specific
  50. 500.A Buffalo licensee changes offices, moves to a new residence, and begins using a new email address for Depa…
    Difficulty 2/5NY specific