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Our New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Preparation Material provides you everything you will need to take a Insurance Licensing Life, Accident, and Health NY-Life-Accident-and-Health examination. Details are researched and produced by Insurance Licensing Certification Experts who are constantly using industry experience to produce precise, and logical.

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Fast2test is suitable for busy professional, who can know prepare for Certification exam in a week. Our NY-Life-Accident-and-Health practice materials has been prepared by the team of Insurance Licensing experts after an in-depth analysis of vendor recommended syllabus. Now you can pass Insurance Licensing certification exam with our NY-Life-Accident-and-Health study material on the first attempt.

NY-Life-Accident-and-Health exam is an important Insurance Licensing Certification which can test your professional skills. Candidates want to pass the exam successfully to prove their competence. Fast2test Insurance Licensing technical experts have collected and certified 122 questions and answers of Life, Accident, and Health - New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 which are designed to cover the knowledge points of the Planning and Designing Insurance Licensing Superdome Server Solutions and enhance candidates' abilities. With Fast2test NY-Life-Accident-and-Health preparation tests you can pass the Life, Accident, and Health - New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 easily, get the Insurance Licensing certification and go further on Insurance Licensing career path.

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

SectionObjectives
Topic 1: 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
          Topic 2: Accident and Health Insurance- Policy features and provisions
          • 1. Coordination of benefits
            • 2. Elimination periods and benefit limits
              - Health insurance products
              • 1. Disability income insurance
                • 2. Hospital and medical expense coverage
                  Topic 3: Insurance Fundamentals- Principles of insurance and risk management
                  • 1. Insurable interest and indemnity concepts
                    • 2. Risk classification and pooling of risk
                      - Insurance contract law basics
                      • 1. Policy provisions and clauses
                        • 2. Elements of a valid contract

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

                          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. be reduced by the amount of the loan and interest owed.
                          • C. be paid less the amount of the loan but not the interest.
                          • D. not be paid until the loan is repaid.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

                          A Medicare Supplement policy must NOT contain benefits which

                          • A. cover more than Medicare coverage.
                          • B. are covered by Workers Compensation.
                          • C. duplicate Medicare benefits.
                          • D. charge additional premiums.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

                          Which of the following statements BEST describes a disability elimination period?

                          • A. A time deductible rather than a dollar deductible.
                          • B. A dollar deductible rather than a time deductible.
                          • C. A qualifying period.
                          • D. A benefit or utilization period.
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

                          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

                          Which of the following CORRECTLY identifies the favorable income tax treatment afforded to annuities?

                          • A. Annual earnings are partially income tax exempt.
                          • B. Gains are taxed only on distribution.
                          • C. Annual earnings are partially income tax deductible.
                          • D. The entire distribution is taxed at the owner ' s rate of taxation.
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

                          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

                          An insured owns a whole life policy that has accumulated cash value. Which of the following statements is true about the policy ' s cash value?

                          • A. It is subject to fluctuations of the company ' s overall performance.
                          • B. The cash value is not guaranteed.
                          • C. The growth of the policy ' s cash value is not subject to income tax while the policy is in force.
                          • D. The policy ' s cash value is viewed as investment growth and therefore subject to taxation for each calendar year.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

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