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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accident and Health Insurance | 35% | - Health Insurance Basics
|
| Underwriting, Marketing and Sales Practices | 15% | - Application and Underwriting Procedures
|
| Insurance Regulation and General Principles | 20% | - Insurance Concepts
|
| Life Insurance Products and Provisions | 30% | - Types of Life Insurance Policies
|
Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:
Insurance is defined as what type of risk?
- A. Physical
- B. Legal
- C. Speculative
- D. Pure
Correct Answer: D 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
Which of the following is NOT an Essential Health Benefit Category under the Affordable Care Act?
- A. Alternative Medicine.
- B. Laboratory Services.
- C. Maternity and Newborn Care.
- D. Emergency Services.
Correct Answer: A 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
Mortality is based on a large risk pool of
- A. people and time.
- B. income and time.
- C. family history and hobbies.
- D. geographic area and time.
Correct Answer: A 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
Who would NOT be covered under an additional insured rider attached to a life insurance policy?
- A. Employees.
- B. A spouse.
- C. Dependent parents.
- D. Minor children.
Correct Answer: A 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
Which of the following statements is TRUE regarding a waiver of premium rider?
- A. The insured will automatically become eligible for accelerated death benefits.
- B. The policy ' s cash value will continue to grow, but at a slower rate because the insured is no longer paying premiums.
- C. The death benefit will be reduced by the amount of the unpaid premiums.
- D. There will be no change in the policy other than the insured no longer has to pay the premiums on the policy.
Correct Answer: D 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
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