NY SERIES 17-52 ACTUAL EXAM PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Primary insurance. Answer: The insurance through the husband's
company in a situation where both spouses are covered by health plans
through their respective companies
◉ COBRA coverage period. Answer: The period of coverage for events
such as death or divorce under COBRA, which is 36 months
◉ Free-look period. Answer: The period during which the policyowner
can return the policy and receive a refund of premium, which ends after
25 days
◉ Presumptive Disability benefits. Answer: Benefits that the insured
will not receive if the blindness improves a month later
◉ Risk in insurance. Answer: Defined as the uncertainty or chance of
loss
◉ Producer's fiduciary duty. Answer: The trust that a client places in the
producer in regard to handling premiums
, ◉ Basic medical expense plans. Answer: Plans that do not provide
coverage for catastrophic medical expenses
◉ Noncancellable policy feature. Answer: The feature where the insurer
may terminate the contract only at renewal for certain conditions
◉ Policy application change. Answer: The best way to change an
application is to start over with a fresh application
◉ Deductible in major medical insurance. Answer: The amount that an
insured must pay on a claim before the insurer will pay
◉ Group health insurance policy in New York. Answer: A policy that
cannot exclude newborn children from coverage
◉ Group long-term disability plan characteristic. Answer: The benefit
cannot be up to 50% of one's yearly income
◉ Core benefits in Medicare supplemental policies. Answer: Core
benefits are found in all plans
◉ Health insurance policy benefit basis. Answer: Benefits are provided
on a reimbursement basis when paid directly to the insured
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Primary insurance. Answer: The insurance through the husband's
company in a situation where both spouses are covered by health plans
through their respective companies
◉ COBRA coverage period. Answer: The period of coverage for events
such as death or divorce under COBRA, which is 36 months
◉ Free-look period. Answer: The period during which the policyowner
can return the policy and receive a refund of premium, which ends after
25 days
◉ Presumptive Disability benefits. Answer: Benefits that the insured
will not receive if the blindness improves a month later
◉ Risk in insurance. Answer: Defined as the uncertainty or chance of
loss
◉ Producer's fiduciary duty. Answer: The trust that a client places in the
producer in regard to handling premiums
, ◉ Basic medical expense plans. Answer: Plans that do not provide
coverage for catastrophic medical expenses
◉ Noncancellable policy feature. Answer: The feature where the insurer
may terminate the contract only at renewal for certain conditions
◉ Policy application change. Answer: The best way to change an
application is to start over with a fresh application
◉ Deductible in major medical insurance. Answer: The amount that an
insured must pay on a claim before the insurer will pay
◉ Group health insurance policy in New York. Answer: A policy that
cannot exclude newborn children from coverage
◉ Group long-term disability plan characteristic. Answer: The benefit
cannot be up to 50% of one's yearly income
◉ Core benefits in Medicare supplemental policies. Answer: Core
benefits are found in all plans
◉ Health insurance policy benefit basis. Answer: Benefits are provided
on a reimbursement basis when paid directly to the insured
