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

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

1. Clark will be doing business as an agent. When MUST he be appointed by the insurer?

A) At the time the license application is submitted.
B) Within 20 days after commissions have been paid.
C) Within 15 days of signing the agency contract.
D) Within 15 days of submitting his license application.

2. In broad terms, the types of support and services generally associated with Long-Term Care policies are provided at which three levels of care?

A) Home-based, assisted living, and medical care.
B) Functional, rehabilitational, and medical care.
C) Skilled nursing, Intermediate, and custodial care.
D) Professional, social, and economic care.

3. When marketing to groups for health insurance, who should be issued a certificate as proof of coverage?

A) Sponsor
B) Employee
C) Employer
D) HMO

4. A Section 457 Deferred Compensation plan is provided specifically for employees of

A) non-profit organizations.
B) sole proprietorships.
C) religious organizations.
D) states, counties, or municipalities.

5. Which of the following products is designed to pay benefits that can provide a stream of retirement income to the purchaser?

A) variable life insurance
B) tax-deferred growth
C) modified endowment contract
D) annuity contract

Solutions: