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"New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55", also known as NY-Life-Accident-and-Health exam, is a Insurance Licensing Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 122 Q&As to your NY-Life-Accident-and-Health Exam preparation. In the NY-Life-Accident-and-Health exam resources, you will cover every field and category in Life, Accident, and Health Certification helping to ready you for your successful Insurance Licensing Certification.
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1. The insured ' s long-term care insurance policy will refund a portion of the premium if they die during the term of the policy. This is because the policy has a
A) return of premium benefit.
B) cash surrender value option.
C) reduced paid-up option.
D) waiver of premium benefit.
2. The statement, " Any person who knowingly and with intent to defraud any insurer or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty... " MUST appear in all New York
A) insurance documents distributed to the general public.
B) applications for credit.
C) applications for insurance and on all claim forms.
D) insurance communications with consumers.
3. Someone who sells, solicits, or negotiates insurance contracts for compensation is called
A) an insurance adviser.
B) an independent insurance adjuster.
C) an insurance producer.
D) a life insurer.
4. Which of the following Long Term Disability clauses states that insureds are considered totally disabled when they CANNOT perform the major duties of a gainful occupation for which they are reasonably suited because of education, training, or experience?
A) Presumptive disability clause.
B) Regular occupation clause.
C) Any occupation clause.
D) Partial disability clause.
5. Long-term care policies MUST cover which of the following conditions?
A) Alcoholism or drug addiction.
B) Self-inflicted injuries.
C) Acts of war while serving in the military.
D) Alzheimer's disease.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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