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New York Insurance Regulations Practice Questions — Page 6 of 12

600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 6.

  1. 251.Which statement about New York's health insurance exchange under the Affordable Care Act is correct?
    Difficulty 2/5NY specific
  2. 252.A lapsed individual accident and health policy is being reinstated in New York. The insurer requires an app…
    Difficulty 2/5NY specific
  3. 253.Elena's New York long-term care policy is issued after she received treatment for a heart condition within …
    Difficulty 3/5NY specific
  4. 254.While delivering an individual health policy in Albany, an agent tells the insured that the insurer will 'l…
    Difficulty 2/5NY specific
  5. 255.A single life insurance policy has multiple co-owners who are residents of different states. Under the New …
    Difficulty 3/5NY specific
  6. 256.To obtain a lower premium, an applicant asks that a New York life insurance policy's effective date be set …
    Difficulty 1/5NY specific
  7. 257.An insurer licensed in New York receives an accelerated death benefit application. Within five days of rece…
    Difficulty 1/5NY specific
  8. 258.A New York applicant purchases life insurance on a child who is under 14 years and 6 months of age, and the…
    Difficulty 3/5NY specific
  9. 259.Under Reg 74, when a producer uses a basic illustration in the sale of a life insurance policy and the poli…
    Difficulty 2/5NY specific
  10. 260.Under the New York Insurance Law, which description matches the meaning of 'sell' as that term is used in §…
    Difficulty 1/5NY specific
  11. 261.Several self-employed consultants in Syracuse form an association principally to qualify for group health i…
    Difficulty 2/5NY specific
  12. 262.Which statement about the incontestability clause required in New York life policies is correct?
    Difficulty 3/5NY specific
  13. 263.A life insurance policy issued in New York has been in force for more than 2 years, and the insured is stil…
    Difficulty 3/5NY specific
  14. 264.An Albany woman discloses a treated heart condition on her application for individual major medical coverag…
    Difficulty 2/5NY specific
  15. 265.Which statement correctly describes the unpaid premium provision found in New York individual accident and …
    Difficulty 1/5NY specific
  16. 266.Which statement about the other benefits provision required by N.Y. Ins. Law §3216(d)(2)(E) in individual a…
    Difficulty 2/5NY specific
  17. 267.A bank in Buffalo wants a group accident and health policy to insure its personal-loan customers. Under N.Y…
    Difficulty 2/5NY specific
  18. 268.A company wants to enter into life settlement contracts with New York policy owners by purchasing their lif…
    Difficulty 2/5NY specific
  19. 269.A New York insurer learns that a terminated agent had been forging client signatures, but it never files th…
    Difficulty 1/5NY specific
  20. 270.What is the New York State Partnership for Long Term Care?
    Difficulty 1/5NY specific
  21. 271.New York surrounds Medicare supplement replacements with disclosure and notice requirements. These requirem…
    Difficulty 1/5NY specific
  22. 272.A Manhattan producer offers a senior applicant a cash-back payment equal to part of the first year's Medica…
    Difficulty 2/5NY specific
  23. 273.An employee in Rochester loses her group health coverage, but the insurer sends its notice of the conversio…
    Difficulty 3/5NY specific
  24. 274.An applicant for a New York long-term care policy is replacing existing long-term care coverage that has be…
    Difficulty 3/5NY specific
  25. 275.An employer group within New York's small group size range applies to a New York insurer for health coverag…
    Difficulty 2/5NY specific
  26. 276.Which statement about the grace period of a New York individual accident and health policy is correct?
    Difficulty 2/5NY specific
  27. 277.Under N.Y. Ins. Law §2101(o), which of the following constitutes 'solicitation'?
    Difficulty 1/5NY specific
  28. 278.Which of the following must be included in a New York life insurance policy summary under N.Y. Ins. Law §32…
    Difficulty 2/5NY specific
  29. 279.A firm conducts life settlement transactions in New York without having registered as an intermediary. What…
    Difficulty 2/5NY specific
  30. 280.A New York agent dies suddenly, leaving a book of policies in need of service while the estate is settled. …
    Difficulty 1/5NY specific
  31. 281.A dependent child reaches the policy's limiting age but is incapable of self-sustaining employment because …
    Difficulty 2/5NY specific
  32. 282.Under Reg 193, how does an applicant's prior creditable coverage affect the preexisting-condition exclusion…
    Difficulty 1/5NY specific
  33. 283.An individual accident and health policy is delivered to a resident of Albany. Under the time limit on cert…
    Difficulty 1/5NY specific
  34. 284.Which statement about the illegal occupation provision in a New York individual accident and health policy …
    Difficulty 1/5NY specific
  35. 285.Under N.Y. Ins. Law §7816, monetary penalties for knowing violations of New York's life settlement laws are…
    Difficulty 1/5NY specific
  36. 286.Under N.Y. Ins. Law §§2101(c) and 2104, an insurance 'broker' is:
    Difficulty 1/5NY specific
  37. 287.A Manhattan resident applied for a life policy and accidentally understated her age. She dies while the pol…
    Difficulty 2/5NY specific
  38. 288.A New York client asks her broker to explain how the insurer will compensate the broker on the account. Und…
    Difficulty 2/5NY specific
  39. 289.Under the Affordable Care Act, how does a cost-sharing reduction affect a silver plan's actuarial value for…
    Difficulty 2/5NY specific
  40. 290.A Manhattan agent is explaining exchange subsidies to a client. Which statement about cost-sharing reductio…
    Difficulty 3/5NY specific
  41. 291.In addition to being licensed, what must a person do before acting as an intermediary in New York life sett…
    Difficulty 1/5NY specific
  42. 292.Under the Affordable Care Act's employer shared responsibility provisions, an applicable large employer mus…
    Difficulty 2/5NY specific
  43. 293.A licensed New York agent helps two business partners structure key-person life coverage on each other's li…
    Difficulty 2/5NY specific
  44. 294.A New York applicant who replaced an existing life policy with a new one regrets the change after the new p…
    Difficulty 3/5NY specific
  45. 295.After a New York life policy lapses for nonpayment of premium, the policyowner may reinstate it upon eviden…
    Difficulty 1/5NY specific
  46. 296.An association of licensed electricians has been in active existence for two years and was formed primarily…
    Difficulty 3/5NY specific
  47. 297.During a sales presentation in Albany, a licensed New York agent tells a prospect: 'Buy with confidence — N…
    Difficulty 2/5NY specific
  48. 298.A Medicare beneficiary who already owns a comprehensive Medicare supplement policy asks a New York agent to…
    Difficulty 2/5NY specific
  49. 299.A licensed New York life agent's sales flyer describes a whole life policy's future dividends as 'guarantee…
    Difficulty 2/5NY specific
  50. 300.Under N.Y. Ins. Law §3207, a minor who is fourteen years and six months of age or older may take which of t…
    Difficulty 1/5NY specific