NY Series 17-55 Life, Accident, and Health Insurance Agent-Broker Exam 2026-
170 QUESTIONS AND ANSWERS ALREADY GRADED A+. 100% Verified Solutions
Updated Per Latest NYDFS Guidelines Graded A+...
NY Series 17-55 Life, Accident, and Health Insurance Agent/Broker Exam Practice
Questions
Exam Format: 150 scored questions, 150 minutes, 70% passing score
Content: National insurance principles (~70%) + New York-specific laws and
regulations (~30%)
SECTION 1: LICENSING AND REGULATION (Questions 1-25)
Question 1
An "insurance producer" under New York Insurance Law is defined as a person
required to be licensed to:
A) Only adjust claims
B) Sell, solicit, or negotiate insurance
C) Only underwrite risks
D) Only collect premiums
Correct Answer: B
,Rationale: Under NY Insurance Law §2101(k), a producer includes agents, brokers,
reinsurance intermediaries, excess lines brokers, or any other person required to
be licensed to sell, solicit, or negotiate insurance . Adjusting claims and
underwriting risks are separate functions that may not require the same producer
license.
Question 2
Which of the following is NOT included in the definition of "insurance producer"?
A) Insurance agent
B) Insurance broker
C) Officer of an insurer whose activities are purely administrative and who
receives no commission on New York risks
D) Reinsurance intermediary
Correct Answer: C
Rationale: NY Insurance Law §2101(k)(1) specifically excludes officers, directors,
and employees performing only executive, administrative, underwriting, or claims
,duties with no commission on New York risks from the definition of insurance
producer .
Question 3
The Superintendent of Financial Services may issue an insurance agent license to
any person who has complied with requirements and is at least:
A) 16 years old
B) 18 years old
C) 21 years old
D) 25 years old
Correct Answer: B
Rationale: NY Insurance Law §2103(d-i) requires every individual applicant and
proposed sub-licensee to be 18 years of age or older at the time of license
issuance .
Question 4
, A non-resident agent or broker seeking a New York license without examination
may qualify under:
A) Reciprocity if their home state grants the same privilege to NY residents
B) Automatic approval upon application
C) Only if they move to New York
D) Only with 5 years' experience in their home state
Correct Answer: A
Rationale: NY Insurance Law §2103(g) and §2136 establish reciprocity rules
allowing non-resident producers to obtain licenses without examination if their
home state offers similar reciprocity to New York residents .
Question 5
When a producer licensed in another state moves to New York, they must apply
for a resident license within:
A) 30 days
B) 90 days
170 QUESTIONS AND ANSWERS ALREADY GRADED A+. 100% Verified Solutions
Updated Per Latest NYDFS Guidelines Graded A+...
NY Series 17-55 Life, Accident, and Health Insurance Agent/Broker Exam Practice
Questions
Exam Format: 150 scored questions, 150 minutes, 70% passing score
Content: National insurance principles (~70%) + New York-specific laws and
regulations (~30%)
SECTION 1: LICENSING AND REGULATION (Questions 1-25)
Question 1
An "insurance producer" under New York Insurance Law is defined as a person
required to be licensed to:
A) Only adjust claims
B) Sell, solicit, or negotiate insurance
C) Only underwrite risks
D) Only collect premiums
Correct Answer: B
,Rationale: Under NY Insurance Law §2101(k), a producer includes agents, brokers,
reinsurance intermediaries, excess lines brokers, or any other person required to
be licensed to sell, solicit, or negotiate insurance . Adjusting claims and
underwriting risks are separate functions that may not require the same producer
license.
Question 2
Which of the following is NOT included in the definition of "insurance producer"?
A) Insurance agent
B) Insurance broker
C) Officer of an insurer whose activities are purely administrative and who
receives no commission on New York risks
D) Reinsurance intermediary
Correct Answer: C
Rationale: NY Insurance Law §2101(k)(1) specifically excludes officers, directors,
and employees performing only executive, administrative, underwriting, or claims
,duties with no commission on New York risks from the definition of insurance
producer .
Question 3
The Superintendent of Financial Services may issue an insurance agent license to
any person who has complied with requirements and is at least:
A) 16 years old
B) 18 years old
C) 21 years old
D) 25 years old
Correct Answer: B
Rationale: NY Insurance Law §2103(d-i) requires every individual applicant and
proposed sub-licensee to be 18 years of age or older at the time of license
issuance .
Question 4
, A non-resident agent or broker seeking a New York license without examination
may qualify under:
A) Reciprocity if their home state grants the same privilege to NY residents
B) Automatic approval upon application
C) Only if they move to New York
D) Only with 5 years' experience in their home state
Correct Answer: A
Rationale: NY Insurance Law §2103(g) and §2136 establish reciprocity rules
allowing non-resident producers to obtain licenses without examination if their
home state offers similar reciprocity to New York residents .
Question 5
When a producer licensed in another state moves to New York, they must apply
for a resident license within:
A) 30 days
B) 90 days
