New York Insurance Regulations Practice Questions — Page 7 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 7.
- 301.A New York life insurer includes on its application the statutory notice about loan arrangements in which t…Difficulty 2/5NY specific
- 302.Under New York's coordination of benefits rules for group health plans, when a person is covered by more th…Difficulty 2/5NY specific
- 303.A New York group accident and health policy includes a coordination of benefits provision. Under Reg 62, th…Difficulty 1/5NY specific
- 304.The written disclosure required in a New York life settlement transaction must tell the owner that the righ…Difficulty 1/5NY specific
- 305.A Buffalo agent urges a client to replace an existing Medicare supplement policy with a new policy offering…Difficulty 3/5NY specific
- 306.A New York licensee willfully submits a document containing a material false statement to an insurer in con…Difficulty 2/5NY specific
- 307.A New York agency's unlicensed receptionist urges a walk-in prospect to buy the agency's hospital-surgical …Difficulty 2/5NY specific
- 308.A New York policyowner misses a scheduled payment on a flexible-premium life insurance policy. Under N.Y. I…Difficulty 2/5NY specific
- 309.A Rochester family's medical expense policy covers physician services. During an annual physical, the physi…Difficulty 2/5NY specific
- 310.A Queens producer tells a prospect that the Medicare supplement policy he is recommending 'is sponsored and…Difficulty 2/5NY specific
- 311.A New York insured gives birth and wants the child's coverage to continue under the family policy. The insu…Difficulty 2/5NY specific
- 312.An insurer licensed in New York receives a written communication from a policyholder about a claim. Under R…Difficulty 2/5NY specific
- 313.Which statement correctly distinguishes the policy summary from the buyer's guide in a New York life insura…Difficulty 3/5NY specific
- 314.Because statements in a life insurance application are treated as representations under N.Y. Ins. Law §3204…Difficulty 3/5NY specific
- 315.A dependent child covered under a New York individual health policy has just reached the policy's dependent…Difficulty 2/5NY specific
- 316.Under New York law, the entire contract of an individual accident and health insurance policy consists of w…Difficulty 1/5NY specific
- 317.A New York life policy is issued with an annual premium payment mode; it is not a flexible premium policy. …Difficulty 2/5NY specific
- 318.An insured under a New York individual accident and health policy is injured while taking part in a crimina…Difficulty 2/5NY specific
- 319.A New York policy provides hospital, surgical, medical, and prescription drug expense coverage for dependen…Difficulty 3/5NY specific
- 320.A New York policy was issued less than two years ago, and the owner wants to settle it now. Under N.Y. Ins.…Difficulty 3/5NY specific
- 321.Consumers complain to Albany about an insurer's claim handling. Which response is within the Superintendent…Difficulty 2/5NY specific
- 322.In a New York long-term care insurance solicitation, what is the Outline of Coverage required under Reg 62?Difficulty 1/5NY specific
- 323.A New York policy owner is injured by a violation of the life settlement penalties provisions of the New Yo…Difficulty 2/5NY specific
- 324.A small employer group in New York generated substantial claims during the policy year, and the renewal dat…Difficulty 2/5NY specific
- 325.A licensee submits an assumed name for use in New York that suggests an affiliation with a state government…Difficulty 2/5NY specific
- 326.The Medicare supplement disclosure statement required in New York must include which of the following?Difficulty 1/5NY specific
- 327.A minor owns a life insurance policy on the minor's own life in New York. Under N.Y. Ins. Law §3207, who ma…Difficulty 1/5NY specific
- 328.An investment firm wants to purchase life insurance policies from New York owners and hold them as investme…Difficulty 1/5NY specific
- 329.For a life insurance policy issued in New York that is NOT a flexible premium policy, what is the longest g…Difficulty 1/5NY specific
- 330.In a New York life settlement, the insured's life expectancy exceeds one year. Under N.Y. Ins. Law §7813(k)…Difficulty 2/5NY specific
- 331.What is the advance premium tax credit (APTC) under the Affordable Care Act?Difficulty 1/5NY specific
- 332.An association seeks small employer health coverage in New York for its member businesses, which vary in si…Difficulty 3/5NY specific
- 333.A prospect tells a New York agent that she has retiree health coverage and a Medicare supplement policy, bu…Difficulty 2/5NY specific
- 334.A New York long-term care policy contains a preexisting condition limitation. Under Reg 62 (11 NYCRR Part 5…Difficulty 1/5NY specific
- 335.A New York Medicare supplement policy contains a preexisting-condition exclusion. Under Reg 193, for how lo…Difficulty 1/5NY specific
- 336.A health insurer selling coverage in New York spends too little of its premium dollars on medical care and …Difficulty 2/5NY specific
- 337.Which of the following is an express exception to the incontestability of a New York life policy?Difficulty 3/5NY specific
- 338.Beyond the specific rate of increase, what is the underlying purpose of the inflation protection option tha…Difficulty 1/5NY specific
- 339.Under New York law, advertising in connection with New York life settlement contracts must:Difficulty 1/5NY specific
- 340.An individual accident and health policy issued in Rochester has been in force for more than 2 years. The i…Difficulty 2/5NY specific
- 341.A Syracuse policyholder diagnosed with a qualifying condition applies for an accelerated death benefit. Und…Difficulty 2/5NY specific
- 342.After a replacement sale is completed, the new insurer receives a copy of the replacement disclosure. Under…Difficulty 2/5NY specific
- 343.A firm applies to the Department of Financial Services for a New York life settlement provider license. Whi…Difficulty 2/5NY specific
- 344.Under the New York Insurance Law, 'stranger-originated life insurance' is best described as:Difficulty 1/5NY specific
- 345.A New Yorker owns a Partnership-qualified long-term care policy, exhausts its benefits, and then applies fo…Difficulty 2/5NY specific
- 346.An insurer wants to increase the premiums it charges for its New York Medicare supplement policies. Under t…Difficulty 2/5NY specific
- 347.A minor who is 14 years and 6 months of age or older owns a life insurance policy on her own life in New Yo…Difficulty 2/5NY specific
- 348.Which of the following is a category of essential health benefits that the Affordable Care Act requires to …Difficulty 1/5NY specific
- 349.Under New York's standard nonforfeiture law for annuities (N.Y. Ins. Law §4223), when the holder of a defer…Difficulty 3/5NY specific
- 350.A Rochester consultant negotiates the sale of a client's life insurance policy to a settlement company for …Difficulty 2/5NY specific