NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
64pag.
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
Process2103(d-i)-answers>1.TheSuperintendentmayissuealicensetoany person,firm or
corporation who has complied with the requirements of the Insurance Code, authorizing the
licensee to act as agent of any authorized insurer. Every individual applicant for a license
under this section and every proposed sub-licensee must be 18 years of age or older at the
time of issuance of such license. The person must submit to and pass a written examination
required by the Superintendent.
ProducerDefinition(2101(k))-answers>Aninsuranceproducermeansaninsuranceagent,
insurancebroker,reinsuranceintermediary,excesslinesbroker,oranyotherpersonrequired to be
licensed under the insurance laws of this state to sell, solicit or negotiate insurance.
Who Should beLicensed(2101(k)(1)) - answers>1. Theterm"insuranceproducer"doesnot
include: An officer, director or employee of a licensed insurer, fraternal benefit society or
health maintenance organization or of a licensed insurance producer, provided that the
officer, director or employee does not receive any commission on policies written or sold to
insure risks residing, located or to be performed in this state and:
(a) the officer, director or employee's activities are executive, administrative, managerial,
clericaloracombinationofthese,andareonlyindirectlyrelatedtothesale,solicitationor
negotiation of insurance;
(b) theofficer,directororemployee'sfunctionrelatestounderwriting,losscontrol,Inspection or
the processing, adjusting, investigating or settling of a claim on a contract of Insurance; or
(c) the officer, director or employee is acting in the capacity of a special agent or agency
supervisorassistinglicensedinsuranceproducerswheretheperson'sactivitiesarelimitedto
providingtechnicaladviceandassistancetolicensedinsuranceproducersanddonotinclude the
sale, solicitation or negotiation of insurance.
Home State (2101(l)) - answers>Home state means the District of Columbia or any state or
territoryoftheUnitedStatesinwhichaninsuranceproducermaintainshis,herorits principal place
of residence or principal place of business and is licensed to act as an insurance producer.
1
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
NY Life, Accident, and Health Insurance Agent,Broker
ExamSeries 17-55, 200 Verified QUESTIONS,DEFINITE A+ PASS
Negotiate (2101(m)) - answers>Negotiate or negotiation means the act of conferring
directlywithorofferingadvicedirectlytoapurchaserorprospectivepurchaserofaparticular
contract of insurance concerning any of the substantive benefits, terms or conditions of the
contract, provided that the person engaged in that act either sells insurance or obtains
insurance from licensed insurers, fraternal benefit societies or health maintenance
organizations for purchasers.
Sell (2101(n)) - answers>Sell or sale means to exchange a contract of insurance by any
means,formoneyoritsequivalent,onbehalfofalicensedinsurer,fraternalbenefitsocietyor health
maintenance organization.
Solicit (2101(o)) - - answers>Solicit or solicitation means attempting to sell insurance or
askingorurgingapersontoapplyforaparticularkindofinsurancefromaparticularlicensed insurer,
fraternal benefit society or health maintenance organization.
Agent 2101(a) - answers>In this section, insurance agent means any authorized or
acknowledged agent of an insurer, fraternal benefit society or health maintenance
organization issued a certificate of authority pursuant to the public health law, and any sub-
agent or other representative of such an agent, who acts as such in the solicitation of,
negotiationfor,orsaleof,aninsurance,healthmaintenanceorganizationorannuitycontract, other
than as a licensed insurance broker.
Agent2101(k)-answers>insuranceproducermeansaninsuranceagent,insurancebroker,
reinsurance intermediary, excess lines broker, or any other person required to be licensed
under the insurance laws of this state to sell, solicit or negotiate insurance.
Theapplicantmustbeatleast18yearsofageatthetimeoflicenseissuance.
Anexaminationisrequiredforeachapplicant,exceptwherenotedforapplicantswitha change in
residency moving to New York (see code 2103 below).
Brokers 2101(c) - answers>a licensed insurance representative who does not represent a
specificinsurancecompany,butplacesbusinessamongvariouscompanies.Legally,thebroker is
usually regarded as a representative of the insured rather than the insuring company.
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
2
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
64pag.
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
Process2103(d-i)-answers>1.TheSuperintendentmayissuealicensetoany person,firm or
corporation who has complied with the requirements of the Insurance Code, authorizing the
licensee to act as agent of any authorized insurer. Every individual applicant for a license
under this section and every proposed sub-licensee must be 18 years of age or older at the
time of issuance of such license. The person must submit to and pass a written examination
required by the Superintendent.
ProducerDefinition(2101(k))-answers>Aninsuranceproducermeansaninsuranceagent,
insurancebroker,reinsuranceintermediary,excesslinesbroker,oranyotherpersonrequired to be
licensed under the insurance laws of this state to sell, solicit or negotiate insurance.
Who Should beLicensed(2101(k)(1)) - answers>1. Theterm"insuranceproducer"doesnot
include: An officer, director or employee of a licensed insurer, fraternal benefit society or
health maintenance organization or of a licensed insurance producer, provided that the
officer, director or employee does not receive any commission on policies written or sold to
insure risks residing, located or to be performed in this state and:
(a) the officer, director or employee's activities are executive, administrative, managerial,
clericaloracombinationofthese,andareonlyindirectlyrelatedtothesale,solicitationor
negotiation of insurance;
(b) theofficer,directororemployee'sfunctionrelatestounderwriting,losscontrol,Inspection or
the processing, adjusting, investigating or settling of a claim on a contract of Insurance; or
(c) the officer, director or employee is acting in the capacity of a special agent or agency
supervisorassistinglicensedinsuranceproducerswheretheperson'sactivitiesarelimitedto
providingtechnicaladviceandassistancetolicensedinsuranceproducersanddonotinclude the
sale, solicitation or negotiation of insurance.
Home State (2101(l)) - answers>Home state means the District of Columbia or any state or
territoryoftheUnitedStatesinwhichaninsuranceproducermaintainshis,herorits principal place
of residence or principal place of business and is licensed to act as an insurance producer.
1
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
NY Life, Accident, and Health Insurance Agent,Broker
ExamSeries 17-55, 200 Verified QUESTIONS,DEFINITE A+ PASS
Negotiate (2101(m)) - answers>Negotiate or negotiation means the act of conferring
directlywithorofferingadvicedirectlytoapurchaserorprospectivepurchaserofaparticular
contract of insurance concerning any of the substantive benefits, terms or conditions of the
contract, provided that the person engaged in that act either sells insurance or obtains
insurance from licensed insurers, fraternal benefit societies or health maintenance
organizations for purchasers.
Sell (2101(n)) - answers>Sell or sale means to exchange a contract of insurance by any
means,formoneyoritsequivalent,onbehalfofalicensedinsurer,fraternalbenefitsocietyor health
maintenance organization.
Solicit (2101(o)) - - answers>Solicit or solicitation means attempting to sell insurance or
askingorurgingapersontoapplyforaparticularkindofinsurancefromaparticularlicensed insurer,
fraternal benefit society or health maintenance organization.
Agent 2101(a) - answers>In this section, insurance agent means any authorized or
acknowledged agent of an insurer, fraternal benefit society or health maintenance
organization issued a certificate of authority pursuant to the public health law, and any sub-
agent or other representative of such an agent, who acts as such in the solicitation of,
negotiationfor,orsaleof,aninsurance,healthmaintenanceorganizationorannuitycontract, other
than as a licensed insurance broker.
Agent2101(k)-answers>insuranceproducermeansaninsuranceagent,insurancebroker,
reinsurance intermediary, excess lines broker, or any other person required to be licensed
under the insurance laws of this state to sell, solicit or negotiate insurance.
Theapplicantmustbeatleast18yearsofageatthetimeoflicenseissuance.
Anexaminationisrequiredforeachapplicant,exceptwherenotedforapplicantswitha change in
residency moving to New York (see code 2103 below).
Brokers 2101(c) - answers>a licensed insurance representative who does not represent a
specificinsurancecompany,butplacesbusinessamongvariouscompanies.Legally,thebroker is
usually regarded as a representative of the insured rather than the insuring company.
, NY Life, Accident, and Health Insurance
Agent, Broker Exam Series17-55.
200 Verified Questions and Answers
Latest Updated Exam Guide 2025/2026
2
