New York State Law Questions and Answers Already Passed

New York State Law Questions and Answers Already Passed A "temporary license" is available to a spouse or legal representative of a deceased agent or broker. For how long is that license issued? 90 days A broker gives a prospective insured a gas card valued at $35 in return for the purchase of an insurance policy. The broker is guilty of: Rebating A broker's license is a requirement for an agent who: Places an insurance policy with a different company other than the one(s) with which they are under contract A court would consider which of the following in determining a persons negligence A. how a prudent person would have acted in the same situation B. how much insurance the person has C. how serious the injury D. how many times they have been sued in the past A. how a prudent person would have acted in the same situation A false claim contained an insurance claim is a: Misdemeanor A licensee shall report to the superintendent any administrative action taken against the licensee in another jurisdiction within: 30 days A person who makes untrue and derogatory statements about an insurer is guilty of: Defamation A refund of all or part of a broker's commission to the insured as an inducement to write insurance is called Rebating A violation of a provision of the insurance law may result: A. criminal penalties B. civil penalties C. penalties imposed by the superintendent D. all of the above D. all of the above All the following are required to be licensed EXCEPT: A. Sublicensee B. Broker C. Customer service representative D. Agent C. Customer service representative