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.
- 251.Which statement about New York's health insurance exchange under the Affordable Care Act is correct?Difficulty 2/5NY specific
- 252.A lapsed individual accident and health policy is being reinstated in New York. The insurer requires an app…Difficulty 2/5NY specific
- 253.Elena's New York long-term care policy is issued after she received treatment for a heart condition within …Difficulty 3/5NY specific
- 254.While delivering an individual health policy in Albany, an agent tells the insured that the insurer will 'l…Difficulty 2/5NY specific
- 255.A single life insurance policy has multiple co-owners who are residents of different states. Under the New …Difficulty 3/5NY specific
- 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
- 257.An insurer licensed in New York receives an accelerated death benefit application. Within five days of rece…Difficulty 1/5NY specific
- 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
- 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
- 260.Under the New York Insurance Law, which description matches the meaning of 'sell' as that term is used in §…Difficulty 1/5NY specific
- 261.Several self-employed consultants in Syracuse form an association principally to qualify for group health i…Difficulty 2/5NY specific
- 262.Which statement about the incontestability clause required in New York life policies is correct?Difficulty 3/5NY specific
- 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
- 264.An Albany woman discloses a treated heart condition on her application for individual major medical coverag…Difficulty 2/5NY specific
- 265.Which statement correctly describes the unpaid premium provision found in New York individual accident and …Difficulty 1/5NY specific
- 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
- 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
- 268.A company wants to enter into life settlement contracts with New York policy owners by purchasing their lif…Difficulty 2/5NY specific
- 269.A New York insurer learns that a terminated agent had been forging client signatures, but it never files th…Difficulty 1/5NY specific
- 270.What is the New York State Partnership for Long Term Care?Difficulty 1/5NY specific
- 271.New York surrounds Medicare supplement replacements with disclosure and notice requirements. These requirem…Difficulty 1/5NY specific
- 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
- 273.An employee in Rochester loses her group health coverage, but the insurer sends its notice of the conversio…Difficulty 3/5NY specific
- 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
- 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
- 276.Which statement about the grace period of a New York individual accident and health policy is correct?Difficulty 2/5NY specific
- 277.Under N.Y. Ins. Law §2101(o), which of the following constitutes 'solicitation'?Difficulty 1/5NY specific
- 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
- 279.A firm conducts life settlement transactions in New York without having registered as an intermediary. What…Difficulty 2/5NY specific
- 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
- 281.A dependent child reaches the policy's limiting age but is incapable of self-sustaining employment because …Difficulty 2/5NY specific
- 282.Under Reg 193, how does an applicant's prior creditable coverage affect the preexisting-condition exclusion…Difficulty 1/5NY specific
- 283.An individual accident and health policy is delivered to a resident of Albany. Under the time limit on cert…Difficulty 1/5NY specific
- 284.Which statement about the illegal occupation provision in a New York individual accident and health policy …Difficulty 1/5NY specific
- 285.Under N.Y. Ins. Law §7816, monetary penalties for knowing violations of New York's life settlement laws are…Difficulty 1/5NY specific
- 286.Under N.Y. Ins. Law §§2101(c) and 2104, an insurance 'broker' is:Difficulty 1/5NY specific
- 287.A Manhattan resident applied for a life policy and accidentally understated her age. She dies while the pol…Difficulty 2/5NY specific
- 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
- 289.Under the Affordable Care Act, how does a cost-sharing reduction affect a silver plan's actuarial value for…Difficulty 2/5NY specific
- 290.A Manhattan agent is explaining exchange subsidies to a client. Which statement about cost-sharing reductio…Difficulty 3/5NY specific
- 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
- 292.Under the Affordable Care Act's employer shared responsibility provisions, an applicable large employer mus…Difficulty 2/5NY specific
- 293.A licensed New York agent helps two business partners structure key-person life coverage on each other's li…Difficulty 2/5NY specific
- 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
- 295.After a New York life policy lapses for nonpayment of premium, the policyowner may reinstate it upon eviden…Difficulty 1/5NY specific
- 296.An association of licensed electricians has been in active existence for two years and was formed primarily…Difficulty 3/5NY specific
- 297.During a sales presentation in Albany, a licensed New York agent tells a prospect: 'Buy with confidence — N…Difficulty 2/5NY specific
- 298.A Medicare beneficiary who already owns a comprehensive Medicare supplement policy asks a New York agent to…Difficulty 2/5NY specific
- 299.A licensed New York life agent's sales flyer describes a whole life policy's future dividends as 'guarantee…Difficulty 2/5NY specific
- 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