Page |1
NYS Life, accident, and health insurance
Exam (2025) Exam Questions & Answers |
Latest Already Graded A+ UPDATE
2025|2026!! Questions and Correct
Answers/ Latest Update / Already Graded
Which type of life insurance policy is best suited for paying off the
outstanding balance of a 30-year mortgage in the event of the
insured's death?
Ans: 30-year decreasing term.
How many days notice does the ACA require insurers to give before
rescinding coverage?
Ans: 30
A signed good health statement may be requested by a life producer at
the time of
Ans: Policy Delivery
Carol purchases a whole life policy that provides a choice of dividend
options. This policy is required to include a statement that the
dividends are
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Not Guaranteeed
Tim is confined to a nursing home but doesn't have a terminal illness.
Which life insurance rider is designed to help pay for this type of
expense?
Ans: Long-term care benefit rider
An insured is covered under a group long-term disability policy. Under
this type of policy, the definition of disability based on any occupation
typically applies
Ans: After two years of disability
Sylvia purchased an annuity for $100,000 from the proceeds of an
inheritance. No further payments are permitted and the income
stream begins in 15 years. This contract is a(n)
Ans: Single premium deferred annuity
Which of these is NOT a factor that influences group health insurance
underwriting?
Ans: Physical exams of group members
All rights reserved © 2025/ 2026 |
, Page |3
What is the grace period required for an individual accident and health
insurance policy with monthly premiums?
Ans: 10 days
In regards to technology and the ACA, which of the following
statements is correct?
Ans: States which operate with an Exchange must offer an
internet-based portal
Insurable interest involves what assumption?
Ans: One person benefits from another person's continued life
Which of these policies is considered a whole life policy?
Ans: Single premium life
Which of the following would be considered an unfair claims
settlement practice?
Ans: Misrepresenting pertinent policy provisions relating to
coverage after a loss
All rights reserved © 2025/ 2026 |
, Page |4
A policyowner is permitted to take out a policy loan on a whole life
policy at what point?
Ans: When the policy has a cash value
Which of these is NOT a factor during the health insurance
underwriting process?
Ans: Former residence
New York workers compensation laws exclude benefits for disabilities
caused by
Ans: Intentional, self-inflicted injuries occurring on the job
When premiums are determined, one factor would be the expenses of
the
Ans: Insurer
Scott has a life insurance policy in which the dividends are left with the
insurance company. This particular policy may be paid up when the
cash value plus accumulated dividends
Ans: equal the net single premium for the same face amount at
the insured's attained age
All rights reserved © 2025/ 2026 |
NYS Life, accident, and health insurance
Exam (2025) Exam Questions & Answers |
Latest Already Graded A+ UPDATE
2025|2026!! Questions and Correct
Answers/ Latest Update / Already Graded
Which type of life insurance policy is best suited for paying off the
outstanding balance of a 30-year mortgage in the event of the
insured's death?
Ans: 30-year decreasing term.
How many days notice does the ACA require insurers to give before
rescinding coverage?
Ans: 30
A signed good health statement may be requested by a life producer at
the time of
Ans: Policy Delivery
Carol purchases a whole life policy that provides a choice of dividend
options. This policy is required to include a statement that the
dividends are
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Not Guaranteeed
Tim is confined to a nursing home but doesn't have a terminal illness.
Which life insurance rider is designed to help pay for this type of
expense?
Ans: Long-term care benefit rider
An insured is covered under a group long-term disability policy. Under
this type of policy, the definition of disability based on any occupation
typically applies
Ans: After two years of disability
Sylvia purchased an annuity for $100,000 from the proceeds of an
inheritance. No further payments are permitted and the income
stream begins in 15 years. This contract is a(n)
Ans: Single premium deferred annuity
Which of these is NOT a factor that influences group health insurance
underwriting?
Ans: Physical exams of group members
All rights reserved © 2025/ 2026 |
, Page |3
What is the grace period required for an individual accident and health
insurance policy with monthly premiums?
Ans: 10 days
In regards to technology and the ACA, which of the following
statements is correct?
Ans: States which operate with an Exchange must offer an
internet-based portal
Insurable interest involves what assumption?
Ans: One person benefits from another person's continued life
Which of these policies is considered a whole life policy?
Ans: Single premium life
Which of the following would be considered an unfair claims
settlement practice?
Ans: Misrepresenting pertinent policy provisions relating to
coverage after a loss
All rights reserved © 2025/ 2026 |
, Page |4
A policyowner is permitted to take out a policy loan on a whole life
policy at what point?
Ans: When the policy has a cash value
Which of these is NOT a factor during the health insurance
underwriting process?
Ans: Former residence
New York workers compensation laws exclude benefits for disabilities
caused by
Ans: Intentional, self-inflicted injuries occurring on the job
When premiums are determined, one factor would be the expenses of
the
Ans: Insurer
Scott has a life insurance policy in which the dividends are left with the
insurance company. This particular policy may be paid up when the
cash value plus accumulated dividends
Ans: equal the net single premium for the same face amount at
the insured's attained age
All rights reserved © 2025/ 2026 |
