An applicant has just passed the New York Life, Accident & Health examination. Under New York licensing rules, she must apply for her license within what period after passing?

Why C is correct

Under the licensing rules administered by the New York State Department of Financial Services, an applicant who passes the New York Life, Accident & Health examination must submit the license application within 2 years of passing. Separately, the examination fee is nonrefundable and the candidate must actually test within 1 year of paying it.

Why the other options are wrong

• A) 6 months is the maximum a life policy may be backdated under N.Y. Ins. Law §3208, not the licensing window.
• B) 1 year is the period within which the candidate must sit for the examination after paying the fee, not the post-examination application window.
• D) 5 years is the re-entry bar after an insurer completely withdraws from the individual accident & health market under §3216(g), which has nothing to do with license applications.

Memory hook

Pass now, apply within 2 years; you only get 1 year from paying the fee to actually sit the exam.