New York Insurance Regulations Practice Questions — Page 12 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 12.
- 551.In a New York life settlement, the party entitled to enter into the life settlement contract and receive th…Difficulty 2/5NY specific
- 552.A licensed New York agent takes an application for an individual life insurance policy from a consumer in A…Difficulty 1/5NY specific
- 553.After giving the required notice and plan, a New York insurer completely withdraws from the individual acci…Difficulty 3/5NY specific
- 554.Before an insurer may transact the business of insurance in New York, it must first:Difficulty 1/5NY specific
- 555.A life settlement broker wants to give a prospective purchaser of a settled policy the insured's name and m…Difficulty 1/5NY specific
- 556.A policyholder living in Buffalo buys an individual accident and health policy delivered in New York and la…Difficulty 2/5NY specific
- 557.Under N.Y. Ins. Law §2101(a), an insurance 'agent' is best described as one who:Difficulty 3/5NY specific
- 558.An insurer in Albany terminates an agent's appointment for cause. Under N.Y. Ins. Law §2112(d), within how …Difficulty 2/5NY specific
- 559.A New York agent sells a client a new Medicare supplement policy that will replace the client's existing Me…Difficulty 3/5NY specific
- 560.After a wedding in Buffalo, an insured is seriously injured while intoxicated and files a claim under his i…Difficulty 2/5NY specific
- 561.A life insurance policy delivered in Buffalo provides that the policy and the attached copy of the applicat…Difficulty 2/5NY specific
- 562.Which statement about New York's continuing education requirement for insurance licensees is correct?Difficulty 3/5NY specific
- 563.An insurer terminates a New York agent for cause after discovering misappropriated premiums. Under N.Y. Ins…Difficulty 3/5NY specific
- 564.Under N.Y. Ins. Law §3230(a)(1), an insurer that receives an application for an accelerated death benefit m…Difficulty 1/5NY specific
- 565.To renew a New York license without disruption, the renewal application must be filed with the Superintende…Difficulty 1/5NY specific
- 566.A life policy is delivered in Rochester. Under New York's required provisions, what makes up the entire con…Difficulty 2/5NY specific
- 567.A New York life settlement involves an insured whose adult daughter owns the policy. Under N.Y. Ins. Law §7…Difficulty 2/5NY specific
- 568.Under the New York Insurance Law, a flexible premium life policy must provide a grace period of:Difficulty 1/5NY specific
- 569.A New York long-term care policy is guaranteed renewable. Which party does that guarantee bind?Difficulty 1/5NY specific
- 570.A New York client owns a long-term care policy that remains fully in force. She buys an additional long-ter…Difficulty 3/5NY specific
- 571.A Rochester insurer signs an agency contract with a newly licensed New York life agent. Under N.Y. Ins. Law…Difficulty 2/5NY specific
- 572.Two coworkers in Buffalo lose their jobs: one was covered by group life insurance, the other by group healt…Difficulty 2/5NY specific
- 573.After an insured's death, the insurer discovers that the insured's age was misstated on a New York life ins…Difficulty 1/5NY specific
- 574.A Manhattan insured's individual health policy has a monthly premium that came due last week and remains un…Difficulty 2/5NY specific
- 575.An eligible exchange enrollee's premium tax credit is set by reference to the benchmark plan in her area, b…Difficulty 3/5NY specific
- 576.An insurer knowingly fails to report a for-cause termination of a New York agent to the Superintendent of F…Difficulty 2/5NY specific
- 577.A consumer lending company in Manhattan wants to offer credit accident and health insurance to its borrower…Difficulty 2/5NY specific
- 578.A New York insurer's newspaper advertisement urges readers to act now, calling the coverage a special, limi…Difficulty 2/5NY specific
- 579.When a New York broker first places coverage for a new client, what does Reg 194 (Producer Compensation Tra…Difficulty 1/5NY specific
- 580.When an application for an ordinary life insurance policy is taken in New York, what must the applicant rec…Difficulty 1/5NY specific
- 581.A New York producer tells a long-term care applicant, 'Buy this policy today and I will refund part of my c…Difficulty 2/5NY specific
- 582.An agent in Albany takes a life insurance application but never gives the applicant a buyer's guide. Under …Difficulty 2/5NY specific
- 583.An applicable large employer under the Affordable Care Act offers health coverage to substantially all of i…Difficulty 3/5NY specific
- 584.Under the Affordable Care Act, health plans are prohibited from imposing lifetime dollar limits on which of…Difficulty 1/5NY specific
- 585.An insurer neglects its duty to report a for-cause termination of a New York agent to the Superintendent. U…Difficulty 1/5NY specific
- 586.A New York insurance producer wants to renew her license. Under the New York Insurance Law, the renewal app…Difficulty 2/5NY specific
- 587.When she bought her New York long-term care policy, an insured declined the nonforfeiture benefit she was o…Difficulty 2/5NY specific
- 588.Which of the following are the two common types of nonforfeiture benefits offered in New York long-term car…Difficulty 1/5NY specific
- 589.Under Reg 145 (11 NYCRR Part 360), how many employees may a New York employer have and still qualify as a s…Difficulty 1/5NY specific
- 590.Under N.Y. Ins. Law §3203(a)(10), a lapsed individual life policy may be reinstated if application is made …Difficulty 1/5NY specific
- 591.A New York employer's group health plan lets each employee individually choose any amount of coverage from …Difficulty 2/5NY specific
- 592.Under N.Y. Ins. Law §2120, when a New York agent collects a premium from an applicant, the agent must:Difficulty 1/5NY specific
- 593.A New York insurer solicits life insurance by mail without any agent or broker involvement. Under N.Y. Ins.…Difficulty 3/5NY specific
- 594.An insurer terminates a New York agent for cause. Under N.Y. Ins. Law §2112(d), what must the insurer do?Difficulty 2/5NY specific
- 595.When the Life Insurance Company Guaranty Corporation of New York covers an insolvent insurer's unallocated …Difficulty 3/5NY specific
- 596.Which of the following is a prohibited act under the Insurance Frauds Prevention Act (N.Y. Ins. Law §403)?Difficulty 2/5NY specific
- 597.An employee whose group health coverage ended applies within the statutory window for a converted individua…Difficulty 1/5NY specific
- 598.A policy issued in another state covers a person who resides in New York on the date the policy takes effec…Difficulty 2/5NY specific
- 599.A New York applicant replaces an existing life policy with a new one, and after the new policy is issued th…Difficulty 2/5NY specific
- 600.A variable annuity contract marketed in New York is registered with the federal securities regulator. Which…Difficulty 2/5NY specific