New York Insurance Regulations Practice Questions — Page 3 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 3.
- 101.A self-employed Rochester resident with a serious chronic illness asks a licensed New York agent whether sh…Difficulty 2/5NY specific
- 102.After notice and a hearing, the Superintendent of Financial Services determines that a life settlement brok…Difficulty 2/5NY specific
- 103.Under the Affordable Care Act, who is generally permitted to enroll in a catastrophic health plan?Difficulty 3/5NY specific
- 104.Who administers and enforces the New York Insurance Law, including the licensing and discipline of agents a…Difficulty 1/5NY specific
- 105.An insured dies while his ordinary life policy is in its grace period, with one premium overdue. Under New …Difficulty 2/5NY specific
- 106.Under the New York State Partnership for Long Term Care, when a Partnership policyholder needs long-term ca…Difficulty 1/5NY specific
- 107.Maria, a Buffalo resident, receives an ordinary whole life policy she applied for through a local agent. Un…Difficulty 2/5NY specific
- 108.A New York insured's major medical policy has already paid a substantial amount toward her cancer treatment…Difficulty 2/5NY specific
- 109.A New York insurer charges an applicant a higher premium rate because of information in a consumer report. …Difficulty 2/5NY specific
- 110.A licensed New York agent is replacing a client's existing individual life insurance policy. Under Reg 60, …Difficulty 2/5NY specific
- 111.An insured covered by an individual accident and health policy moves from New York to another state after t…Difficulty 3/5NY specific
- 112.Under New York's rules governing senior-specific certifications and professional designations in the sale o…Difficulty 1/5NY specific
- 113.A licensed agent in Rochester tells a client that a competing insurer is 'on the verge of insolvency,' even…Difficulty 2/5NY specific
- 114.Under N.Y. Ins. Law §2603, an insurance advertisement is false or misleading if it:Difficulty 1/5NY specific
- 115.A brochure promoting a New York hospital-surgical policy overstates the benefits the policy pays. The broch…Difficulty 3/5NY specific
- 116.A life insurance policy issued in New York on a minor who is under 14 years and 6 months of age exceeds the…Difficulty 3/5NY specific
- 117.A New York Medicare beneficiary already owns one standardized Medicare supplement plan but wants a differen…Difficulty 2/5NY specific
- 118.Under N.Y. Ins. Law §3203(c)(1), a life policy may limit coverage for death from war under one of three per…Difficulty 2/5NY specific
- 119.A policyholder wants to cancel her individual accident and health policy before its expiration date. Under …Difficulty 1/5NY specific
- 120.For purposes of New York's community rating requirements, a small group is an employer group with:Difficulty 1/5NY specific
- 121.Under N.Y. Ins. Law §2101(l), an individual producer's 'home state' is generally:Difficulty 1/5NY specific
- 122.A New York agent tells a policyholder that a benefit in her individual accident and health policy will be b…Difficulty 2/5NY specific
- 123.A New York long-term care insurer wants to exclude benefits for mental, emotional, and nervous disorders. W…Difficulty 2/5NY specific
- 124.A licensed New York agent arranges a life insurance policy on the agent's own life through her agency. Unde…Difficulty 1/5NY specific
- 125.An individual accident and health policy delivered in Buffalo states that the benefits described in the ins…Difficulty 2/5NY specific
- 126.After a life settlement closes, the provider wants to hand the insured's health records to an unaffiliated …Difficulty 2/5NY specific
- 127.An applicant for a New York life settlement provider license refuses to submit the required fingerprints. W…Difficulty 3/5NY specific
- 128.A New York Medicare supplement policyholder develops serious health problems and submits several large clai…Difficulty 3/5NY specific
- 129.Two business partners reside in different states and co-own a single life insurance policy, holding unequal…Difficulty 3/5NY specific
- 130.The primary purpose of New York's rule on the use of senior-specific certifications and professional design…Difficulty 1/5NY specific
- 131.A Manhattan agent tells a prospect that the policy's cash value is guaranteed to equal the death benefit, k…Difficulty 2/5NY specific
- 132.A consumer in Rochester buys a life insurance policy through a direct-response mail solicitation, with no a…Difficulty 2/5NY specific
- 133.Under New York law, what is required before a corporation or limited liability company may act as an insura…Difficulty 1/5NY specific
- 134.When a New York insurance licensee's address changes, the change must be reported directly to:Difficulty 1/5NY specific
- 135.After completely withdrawing from New York's individual accident and health market, an insurer decides it w…Difficulty 2/5NY specific
- 136.Under the Affordable Care Act, which factor may an individual-market health insurer in New York still use w…Difficulty 2/5NY specific
- 137.A New York owner signs a life settlement contract and subsequently receives the settlement proceeds. Under …Difficulty 1/5NY specific
- 138.A Manhattan resident has owned a life insurance policy on her own life for years and no longer needs it. Th…Difficulty 3/5NY specific
- 139.A licensed New York agent preparing a sales presentation wants to raise the illustrated nonguaranteed credi…Difficulty 2/5NY specific
- 140.When an insurer pays a claim under an individual accident and health policy, one premium is then due and un…Difficulty 1/5NY specific
- 141.At a community seminar, an agent falsely tells attendees that a competing life insurer is about to be liqui…Difficulty 2/5NY specific
- 142.A New York long-term care policy includes a 5% compounded inflation protection benefit. What does this bene…Difficulty 2/5NY specific
- 143.The primary purpose of the coordination of benefits provision required in New York group health plans is to:Difficulty 1/5NY specific
- 144.A New York insurer's magazine advertisement for an individual accident and health policy cites favorable st…Difficulty 1/5NY specific
- 145.What is the primary purpose of the coordination of benefits provision that New York requires in group healt…Difficulty 1/5NY specific
- 146.A group life insurer gives a covered person the required conversion-privilege notice late - more than 15 da…Difficulty 3/5NY specific
- 147.Under Reg 145, which of the following is a recognized reason for which a New York insurer may refuse to ren…Difficulty 2/5NY specific
- 148.An insurer cancels an individual accident and health policy during the permitted cancellation period, and a…Difficulty 2/5NY specific
- 149.Under the Affordable Care Act, how are the bronze, silver, gold, and platinum metal levels of exchange plan…Difficulty 1/5NY specific
- 150.Under New York law, an individual who is not a close blood or marriage relative of the proposed insured may…Difficulty 1/5NY specific