PassSprint

New York Insurance Regulations Practice Questions — Page 2 of 12

600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 2.

  1. 51.Under N.Y. Ins. Law §3230, a prohibition period runs from an insurer's transmission of accelerated death be…
    Difficulty 1/5NY specific
  2. 52.An insurer submits an individual health policy form for approval that excludes all routine preventive servi…
    Difficulty 2/5NY specific
  3. 53.Which of the following best describes 'controlled business' under the New York Insurance Law?
    Difficulty 1/5NY specific
  4. 54.An insured's daughter is an unmarried full-time student at an accredited educational institution. Under N.Y…
    Difficulty 1/5NY specific
  5. 55.Under the special war provision permitted by New York law, an insurer may limit coverage for the death of a…
    Difficulty 1/5NY specific
  6. 56.An insurer that sells health coverage in New York's small-group market receives an application from a quali…
    Difficulty 2/5NY specific
  7. 57.An employee whose employment ends loses her group life coverage in New York. She wants to convert to an ind…
    Difficulty 2/5NY specific
  8. 58.An underwriter reviews applications from applicants of the same age and health status. Which premium distin…
    Difficulty 2/5NY specific
  9. 59.An insured dies while his New York life policy is within its grace period, and the overdue premium has not …
    Difficulty 2/5NY specific
  10. 60.A New York agent takes an application that will replace the applicant's existing life policy with a new one…
    Difficulty 2/5NY specific
  11. 61.The insured of a life policy delivered in Albany dies by suicide within two years of the policy's issue dat…
    Difficulty 1/5NY specific
  12. 62.An individual accident and health policy is reinstated in New York after a lapse for nonpayment of premium.…
    Difficulty 1/5NY specific
  13. 63.Under the Affordable Care Act, what is the 'benchmark plan' on the individual exchange?
    Difficulty 1/5NY specific
  14. 64.A New York producer deliberately fails to disclose that a long-term care sale is a replacement. Under New Y…
    Difficulty 1/5NY specific
  15. 65.After a New York individual health policy is reinstated, for how long may the insurer apply overdue premium…
    Difficulty 1/5NY specific
  16. 66.A New Yorker is laid off in the middle of the year and loses her employer-sponsored health coverage. Under …
    Difficulty 2/5NY specific
  17. 67.A New York consultant with no insurance license offers, for a fee, to negotiate the sale of a client's life…
    Difficulty 2/5NY specific
  18. 68.In an application for a New York life insurance policy, what financing-related question may the insurer ask…
    Difficulty 1/5NY specific
  19. 69.An insurer accepts a premium in connection with the reinstatement of a lapsed individual accident and healt…
    Difficulty 2/5NY specific
  20. 70.Which statement best describes a temporary insurance license issued in New York?
    Difficulty 2/5NY specific
  21. 71.While taking an application for a Medicare supplement policy, a New York agent learns that the applicant in…
    Difficulty 2/5NY specific
  22. 72.Under N.Y. Ins. Law §2103(i), a producer's license may be revoked if net commissions from controlled busine…
    Difficulty 3/5NY specific
  23. 73.In a New York life settlement transaction, the owner hires a broker to negotiate the sale of her policy. Un…
    Difficulty 1/5NY specific
  24. 74.A New York life insurance policy names and excludes certain hazardous occupations. The insured dies within …
    Difficulty 2/5NY specific
  25. 75.A Manhattan agent takes a Medicare supplement application from a prospective client during an in-person mee…
    Difficulty 2/5NY specific
  26. 76.Within five days of receiving an accelerated death benefit application, a New York life insurer must:
    Difficulty 2/5NY specific
  27. 77.A local labor union in Rochester wants accident and health coverage for its working members. Under N.Y. Ins…
    Difficulty 1/5NY specific
  28. 78.The Superintendent of Financial Services requires an individual named in a New York life settlement broker …
    Difficulty 1/5NY specific
  29. 79.When a licensed New York agent takes an application for a Medicare supplement policy, the application must …
    Difficulty 1/5NY specific
  30. 80.Under New York law, a Medicare supplement policy must be:
    Difficulty 1/5NY specific
  31. 81.Which statement correctly distinguishes the parties defined in N.Y. Ins. Law §7802?
    Difficulty 3/5NY specific
  32. 82.Under the New York Insurance Law, advertisements by licensed life settlement providers, intermediaries, and…
    Difficulty 1/5NY specific
  33. 83.What is the central purpose of the Superintendent's solvency oversight of insurers under N.Y. Ins. Law §307?
    Difficulty 2/5NY specific
  34. 84.When may a New York agent lawfully make statements to a client about a competing insurer's financial condit…
    Difficulty 3/5NY specific
  35. 85.For purposes of New York's community rating requirements for accident and health policies, a small group is…
    Difficulty 1/5NY specific
  36. 86.Which statement best describes the enforcement tools available when a licensee willfully violates the New Y…
    Difficulty 3/5NY specific
  37. 87.More than two years after an individual health policy was issued in Rochester, the insurer learns that the …
    Difficulty 2/5NY specific
  38. 88.Under N.Y. Ins. Law §2611, the written informed consent that precedes an HIV-related test in connection wit…
    Difficulty 2/5NY specific
  39. 89.A small employer in Yonkers applies for group medical coverage. Several employees have serious chronic heal…
    Difficulty 2/5NY specific
  40. 90.A New York insurer decides to discontinue all of its individual accident and health policies of a particula…
    Difficulty 3/5NY specific
  41. 91.A New York consumer buys a life insurance policy through a direct-response mail solicitation. Under N.Y. In…
    Difficulty 2/5NY specific
  42. 92.A life insurance policy delivered in Manhattan lapses for nonpayment of premium. Under N.Y. Ins. Law §3203(…
    Difficulty 2/5NY specific
  43. 93.A life settlement transaction is being arranged for a policyowner. Under N.Y. Ins. Law §7819, which of the …
    Difficulty 2/5NY specific
  44. 94.Soon after a New York long-term care insured enters a nursing home, the insurer tries to cancel her policy …
    Difficulty 2/5NY specific
  45. 95.Which of the following arrangements is prohibited as stranger-originated life insurance under N.Y. Ins. Law…
    Difficulty 2/5NY specific
  46. 96.While processing a claim under an individual accident and health policy, an insurer's field representative …
    Difficulty 2/5NY specific
  47. 97.Once a Medicare supplement policy is issued in New York, what renewability standard applies under Reg 193?
    Difficulty 1/5NY specific
  48. 98.Which change may a Medicare supplement issuer make unilaterally to a Medicare supplement policy while the p…
    Difficulty 3/5NY specific
  49. 99.An insured holds an individual disability income policy from one insurer and a separate indemnity policy fr…
    Difficulty 2/5NY specific
  50. 100.An Albany couple's son is a covered dependent who is about to reach the base dependent age. He is enrolled …
    Difficulty 1/5NY specific