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: Sep 02, 2026
  • Q & A: 122 Questions and Answers

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

SectionWeightObjectives
Topic 1: Underwriting, Marketing and Sales Practices15%- Application and Underwriting Procedures
  • 1. Risk Classification and Selection
    - Sales and Customer Service
    • 1. Suitability and Disclosure Requirements
      Topic 2: Insurance Regulation and General Principles20%- Insurance Concepts
      • 1. Contract Law and Policy Structure
        • 2. Risk Management and Insurable Interest
          - New York Insurance Code and Laws
          • 1. Producer Responsibilities and Ethics
            • 2. Unfair Trade Practices
              • 3. Licensing Requirements and Procedures
                Topic 3: Life Insurance Products and Provisions30%- Policy Provisions, Riders and Options
                • 1. Non-forfeiture Values and Dividends
                  • 2. Beneficiary Designations
                    - Types of Life Insurance Policies
                    • 1. Term, Whole Life, Universal Life
                      • 2. Annuities and Retirement Products
                        Topic 4: Accident and Health Insurance35%- Policy Provisions and Claims
                        • 1. Eligibility and Enrollment
                          • 2. Coordination of Benefits
                            - Health Insurance Basics
                            • 1. Group vs Individual Coverage
                              • 2. Medical Expense and Disability Income
                                - Government Health Programs
                                • 1. Medicare and Medicaid
                                  • 2. New York State Specific Programs

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

                                    Question 1

                                    If an insured under a life insurance policy dies with an outstanding loan balance then the death benefit will

                                    A. be paid less the amount of the loan interest but not the principal.
                                    B. not be paid until the loan is repaid.
                                    C. be reduced by the amount of the loan and interest owed.
                                    D. be paid less the amount of the loan but not the interest.


                                    Question 2

                                    Which type of life insurance policy is written under a single contract for both spouses in which it is payable upon the first death?

                                    A. Joint.
                                    B. Spousal.
                                    C. Survivorship.
                                    D. Dual capacity.


                                    Question 3

                                    Under the Affordable Care Act, an insurer may place dollar limits on coverage for

                                    A. maternity and newborn care.
                                    B. routine adult dental services.
                                    C. laboratory services.
                                    D. mental health services.


                                    Question 4

                                    Multiple policies that are rated for different communities and have substantially similar benefits as determined by the superintendent will be required to:

                                    A. pool experience
                                    B. merge plans
                                    C. refile rates
                                    D. change benefits


                                    Question 5

                                    If a policyowner surrenders a policy for its cash value, when is a tax liability incurred?

                                    A. The cash value exceeds all premiums paid.
                                    B. The policy is transferred to a third party.
                                    C. The policy is exchanged for a policy of equal value.
                                    D. The cash value is less than premiums paid.


                                    Solutions:

                                    Question 1
                                    Answer: C
                                    Question 2
                                    Answer: A
                                    Question 3
                                    Answer: B
                                    Question 4
                                    Answer: A
                                    Question 5
                                    Answer: A

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