New York Insurance Regulations Practice Questions — Page 9 of 12
600 free New York-specific insurance regulation questions for the New York Life & Health exam — page 9.
- 401.Which statement about staffing at a licensed New York business-entity producer is correct?Difficulty 2/5NY specific
- 402.A New York corporation plans to operate an insurance agency, with licensed producers transacting business u…Difficulty 2/5NY specific
- 403.Under New York law, how may a producer properly be compensated for selling a long-term care insurance policy?Difficulty 1/5NY specific
- 404.A New York insurer's special investigations unit suspects that a disability claim is fraudulent. Under N.Y.…Difficulty 1/5NY specific
- 405.Under N.Y. Ins. Law §§2606 through 2608, charging applicants of the same class and equal risk different pre…Difficulty 1/5NY specific
- 406.A New York agent is taking an application that will replace a consumer's existing life insurance policy. Un…Difficulty 2/5NY specific
- 407.In New York's life settlement licensing process, an applicant for a provider license must submit:Difficulty 1/5NY specific
- 408.An unmarried dependent daughter is covered under her parents' New York hospital, medical and surgical expen…Difficulty 2/5NY specific
- 409.Which statement about replacing a New York long-term care insurance policy is correct?Difficulty 2/5NY specific
- 410.An ordinary, non-mail-order life insurance policy is delivered by an agent in Syracuse. Under New York law,…Difficulty 2/5NY specific
- 411.A New York insurer solicits life insurance by mail, without any agent or broker involved. Under N.Y. Ins. L…Difficulty 3/5NY specific
- 412.Under New York's other benefits provision for individual health policies, what must the insurer do with pre…Difficulty 1/5NY specific
- 413.Under N.Y. Ins. Law §3208, a life insurance policy's effective date may be backdated no more than how long …Difficulty 1/5NY specific
- 414.A New York business owner applies for life insurance on the life of a key employee with whom the owner has …Difficulty 2/5NY specific
- 415.An applicant in Manhattan asks that her new life policy be made effective several months before the applica…Difficulty 2/5NY specific
- 416.A New York insurer is asked to issue a group health policy to an organization that is not one of the groups…Difficulty 2/5NY specific
- 417.A New York insured holds two individual accident and health policies issued by the same insurer, both cover…Difficulty 2/5NY specific
- 418.An insurer's underwriting department manager writes to a policyholder agreeing to broaden a benefit under h…Difficulty 2/5NY specific
- 419.When a member insurer is liquidated, the Life Insurance Company Guaranty Corporation of New York protects a…Difficulty 1/5NY specific
- 420.Under Reg 145, what renewability protection applies to small employer medical plans issued in New York?Difficulty 1/5NY specific
- 421.Under N.Y. Ins. Law §2103(i), net commissions earned on a licensee's controlled business must not exceed wh…Difficulty 1/5NY specific
- 422.A business partner in Rochester wants to buy life insurance on a co-partner. Under N.Y. Ins. Law §3205, the…Difficulty 3/5NY specific
- 423.An insured dies within two years of issue while working at an occupation that the life policy specifically …Difficulty 2/5NY specific
- 424.An insured accurately lists a lawful occupation on the application for a New York individual health policy …Difficulty 3/5NY specific
- 425.A licensed New York insurance producer publishes a newspaper advertisement that refers to an insurer. Under…Difficulty 1/5NY specific
- 426.Under New York law, a newborn child of a covered insured under a family health policy is covered:Difficulty 1/5NY specific
- 427.A life settlement is being arranged for a New York policyholder. Among the disclosures required by N.Y. Ins…Difficulty 1/5NY specific
- 428.An examiner from the Department of Financial Services is investigating a New York life settlement provider'…Difficulty 2/5NY specific
- 429.A New York insurer gives its required notice of the group health conversion privilege later than the statut…Difficulty 3/5NY specific
- 430.A New York insurance producer wants to publish a pamphlet purporting to make known the financial condition …Difficulty 2/5NY specific
- 431.Under N.Y. Ins. Law §3203(a)(4), what constitutes the entire contract between a New York life insurer and t…Difficulty 1/5NY specific
- 432.A trust is the owner of a life insurance policy that is the subject of a proposed life settlement. For purp…Difficulty 2/5NY specific
- 433.A replacement life insurance policy is delivered in Albany. Under Reg 60, what must the NEW insurer do once…Difficulty 2/5NY specific
- 434.A New York consumer applies for a life policy through a direct-response mail solicitation, with no in-perso…Difficulty 2/5NY specific
- 435.An individual accident and health policy in New York is reinstated after a lapse for nonpayment. Which stat…Difficulty 2/5NY specific
- 436.Which statement about the misstatement-of-age provision in New York life insurance policies is correct?Difficulty 1/5NY specific
- 437.An applicant has just passed the New York Life, Accident & Health examination. Under New York licensing rul…Difficulty 1/5NY specific
- 438.A New York agent wants to build a custom spreadsheet showing more favorable projected values than the insur…Difficulty 2/5NY specific
- 439.Under N.Y. Ins. Law §4223, the standard nonforfeiture law for annuities, when the owner of a deferred annui…Difficulty 2/5NY specific
- 440.A New York resident applies for a life settlement broker license. She already holds a New York insurance pr…Difficulty 3/5NY specific
- 441.As part of a New York life insurance sale, the applicant signs the basic illustration. Under Reg 74, the ap…Difficulty 2/5NY specific
- 442.A client shopping on New York's exchange wants the lowest monthly premium among the metal-level plans and w…Difficulty 2/5NY specific
- 443.When evaluating whether an annuity recommendation is in the consumer's best interest under Regulation 187, …Difficulty 1/5NY specific
- 444.Under N.Y. Ins. Law §2101(m), 'negotiate' means:Difficulty 1/5NY specific
- 445.A New York life settlement owner suffers financial harm because a broker knowingly withheld disclosures req…Difficulty 2/5NY specific
- 446.Under Reg 62, the disclosure illustrations that accompany a New York long-term care insurance solicitation …Difficulty 1/5NY specific
- 447.Under N.Y. Ins. Law §3230, a five-day prohibition period applies to accelerated death benefit applications.…Difficulty 3/5NY specific
- 448.Variable life insurance and variable annuity contracts sold in New York are regulated by:Difficulty 1/5NY specific
- 449.A New York insurer declines a life insurance application based partly on the results of an HIV-related test…Difficulty 2/5NY specific
- 450.In the middle of the calendar year, a newly formed Troy company that qualifies as a small employer applies …Difficulty 2/5NY specific