New York Insurance Regulations Practice Questions — Page 5 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 5.
- 201.A producer resides in New Jersey, holds a current New Jersey producer license, and has no office or princip…Difficulty 2/5NY specific
- 202.A licensed New York agent sells a long-term care insurance policy to herself. Under N.Y. Ins. Law §2324, ho…Difficulty 3/5NY specific
- 203.An insured gives birth while covered under a New York accident and health policy that covers dependents. Un…Difficulty 1/5NY specific
- 204.What is the primary purpose of the New York rules that govern replacement of long-term care insurance polic…Difficulty 1/5NY specific
- 205.A covered person's loss resulted from a drug that was administered on the advice of her physician. Under th…Difficulty 3/5NY specific
- 206.A New York producer takes an application for new long-term care coverage without asking whether the applica…Difficulty 2/5NY specific
- 207.Under New York Insurance Regulation 187, before an insurance producer recommends that a consumer purchase a…Difficulty 1/5NY specific
- 208.Under the compensation provisions of the New York Insurance Law (§§2114–2116), an insurer may pay commissio…Difficulty 1/5NY specific
- 209.A licensed New York agent solicits an individual life insurance policy. Under N.Y. Ins. Law §3209, when mus…Difficulty 2/5NY specific
- 210.Which statement correctly describes New York's consumer privacy regulation, Reg 169 (11 NYCRR Part 420)?Difficulty 2/5NY specific
- 211.An insurer plans an advertisement stating that its new accident and health policy 'has been approved by the…Difficulty 3/5NY specific
- 212.A Queens applicant is completing an application for a Medicare supplement policy. The disclosure statement …Difficulty 1/5NY specific
- 213.A life settlement company's flyer distributed in Buffalo urges policy owners to get 'guaranteed, risk-free …Difficulty 2/5NY specific
- 214.A New York insurer that issued group life coverage is placed in liquidation. Under N.Y. Ins. Law §7708, the…Difficulty 2/5NY specific
- 215.A New York insurer drafts an individual health policy with a grace period shorter than the Insurance Law al…Difficulty 2/5NY specific
- 216.Under N.Y. Ins. Law §3204, statements made by an applicant in a life insurance application are treated as:Difficulty 1/5NY specific
- 217.An eligible New Yorker takes her premium tax credit in advance, paid to her insurer each month. During the …Difficulty 3/5NY specific
- 218.From the state's perspective, the main reason New York created the State Partnership for Long Term Care was…Difficulty 2/5NY specific
- 219.Under the cancellation provision required by N.Y. Ins. Law §3216(d)(2)(H) for individual accident and healt…Difficulty 2/5NY specific
- 220.Under the Affordable Care Act, what is the chief purpose of a catastrophic health plan?Difficulty 1/5NY specific
- 221.A New York producer is asked to run an advertisement that calls attention to an insurer not authorized to t…Difficulty 2/5NY specific
- 222.A licensed New York life agent wants to sell variable life insurance and variable annuities. Which statemen…Difficulty 2/5NY specific
- 223.Which of the following is an exemption recognized under the Affordable Care Act's individual mandate?Difficulty 2/5NY specific
- 224.How many continuing education credits must a New York life, accident and health licensee complete during ea…Difficulty 1/5NY specific
- 225.Absent fraud, the statements an applicant makes in a New York life insurance application are legally treate…Difficulty 2/5NY specific
- 226.A New York life insurer is insolvent and in liquidation. For a covered person, what is the maximum aggregat…Difficulty 1/5NY specific
- 227.Under Reg 62, what does New York require of a long-term care policy with respect to nonforfeiture benefits?Difficulty 1/5NY specific
- 228.In determining whether an annuity recommendation serves a New York consumer's best interest under Reg 187, …Difficulty 2/5NY specific
- 229.A New York agent writes a growing share of policies on her own business ventures and family members. Under …Difficulty 3/5NY specific
- 230.Under the New York Insurance Law, the life settlement article applies to which life settlement contracts?Difficulty 1/5NY specific
- 231.A promoter recruits seniors to apply for new life insurance policies, arranges financing for the premiums, …Difficulty 2/5NY specific
- 232.Why does the definition of a small group matter in New York's accident and health insurance market?Difficulty 2/5NY specific
- 233.Under N.Y. Ins. Law §3205, why do close blood and marriage relatives automatically have an insurable intere…Difficulty 1/5NY specific
- 234.An Albany employee's group life coverage ended when he left his job. The insurer's notice of the conversion…Difficulty 3/5NY specific
- 235.A New York owner signs a life settlement contract. Under N.Y. Ins. Law §7813, the owner's right to rescind …Difficulty 2/5NY specific
- 236.Under N.Y. Ins. Law §2122, every agent's or broker's advertisement in New York that refers to an insurer mu…Difficulty 1/5NY specific
- 237.A New York insurer wants to stop renewing a small employer's group medical policy because the group's emplo…Difficulty 2/5NY specific
- 238.Under the Medicare supplement marketing standards enforced in New York, which producer practice is prohibited?Difficulty 1/5NY specific
- 239.A New York agent wants to send a client a gift to thank her for a recent policy purchase. Under N.Y. Ins. L…Difficulty 1/5NY specific
- 240.Denise pays the premium on her individual accident and health policy once a year. If that annual premium be…Difficulty 3/5NY specific
- 241.A life insured dies 1 year after her New York life policy was issued. During its claim investigation, the i…Difficulty 2/5NY specific
- 242.A New York employee converts her group life coverage to an individual policy after leaving her employer. Wh…Difficulty 2/5NY specific
- 243.An insured suffers a severe reaction to a painkiller prescribed by her physician after surgery and is hospi…Difficulty 1/5NY specific
- 244.During a sales presentation for a life insurance policy in New York, the agent shows the applicant an illus…Difficulty 1/5NY specific
- 245.Which transaction is a life settlement contract as defined in N.Y. Ins. Law §7802?Difficulty 1/5NY specific
- 246.A New York beneficiary replaces an existing Medicare supplement policy with a policy from a different issue…Difficulty 3/5NY specific
- 247.Which statement correctly distinguishes the nonforfeiture benefit from the other features of a New York lon…Difficulty 3/5NY specific
- 248.An insured in Queens is injured while breaking into a warehouse and files an accident claim under his indiv…Difficulty 2/5NY specific
- 249.A Connecticut-licensed producer holds a New York nonresident license. Her Connecticut home-state license is…Difficulty 3/5NY specific
- 250.An insurer solicits life insurance by direct mail. Under N.Y. Ins. Law §3209, in this mail solicitation the…Difficulty 2/5NY specific