Insurance Licensing NY-Life-Accident-and-Health actual dump : New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55

NY-Life-Accident-and-Health
  • Exam Code: NY-Life-Accident-and-Health
  • Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
  • Updated: Oct 03, 2026
  • Q & A: 122 Questions and Answers

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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:

SectionObjectives
Insurance Fundamentals- Principles of insurance and risk management
  • 1. Risk classification and pooling of risk
    • 2. Insurable interest and indemnity concepts
      - Insurance contract law basics
      • 1. Policy provisions and clauses
        • 2. Elements of a valid contract
          State Regulations (New York)- Licensing requirements
          • 1. Application and background checks
            • 2. Pre-licensing education requirements
              - Ethics and compliance
              • 1. Unfair trade practices
                • 2. Producer responsibilities and conduct
                  Accident and Health Insurance- Health insurance products
                  • 1. Disability income insurance
                    • 2. Hospital and medical expense coverage
                      - Policy features and provisions
                      • 1. Coordination of benefits
                        • 2. Elimination periods and benefit limits

                          Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:

                          Question #1

                          If the premium is not paid at the time of application, a Statement of Good Health MUST be signed by the policyowner at the time of

                          • A. the medical examination.
                          • B. policy delivery.
                          • C. underwriter review.
                          • D. application.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                          Question #2

                          Which of the following is a basic benefit of Medicare Supplemental insurance?

                          • A. At-home recovery.
                          • B. First 3 pints of blood each year.
                          • C. Preventive care.
                          • D. Basic drugs limit of $1,250.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                          Question #3

                          Which of the following is a potential DISADVANTAGE of a fixed annuity?

                          • A. Annuitants could experience a decrease in the purchasing power of their payments over a period of years due to inflation.
                          • B. The insured invests payments in variable securities, and the return fluctuates with an uncertain economic market.
                          • C. There is no guaranteed specific benefit amount to the annuitant.
                          • D. Payments continue only for a maximum of 2 years after the annuitant ' s death.
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

                          Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                          Question #4

                          A policyowner may choose to have his/her life insurance policy dividends do all of the following EXCEPT

                          • A. reduce the policy premium.
                          • B. accumulate without interest.
                          • C. be paid to the policyowner in cash.
                          • D. purchase additional insurance protection.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

                          Question #5

                          With respect to small group health benefit plans, a carrier may discontinue coverage or may refuse to renew such a plan if the employer

                          • A. employs fewer than 15 full-time employees.
                          • B. falls to pay the premium prior to the end of the grace period.
                          • C. has a supplemental plan with a competing carrier.
                          • D. has filed for bankruptcy in the prior year.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).

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