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NYS Insurance Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Graded A| Revised Edition

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NYS Insurance Bundled Exams Questions and Answers | 100% Verified and Updated 2024 | Graded A| Revised Edition

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New York Life Insurance Questions and Answers Already Passed

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New York Life Insurance Questions and Answers Already Passed Accelerated Benefits - Answer ️️ -Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits - Answer ️️ -A policy rider that states that the cause of death will be analyzed to determine if it complies with the policy description of accidental death. Accidental Death Insurance - Answer ️️ -An insurance policy that provides ...

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NY Series 17-52 Questions and Answers 100% Pass

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NY Series 17-52 Questions and Answers 100% Pass How many eligible employees must be included in a contributory health insurance plan? - Answer ️️ -50% A man works for Company A and his wife works for Company B. The spouses are covered by health plans through their respective companies that also cover the other spouse. If the husband files a claim, - Answer ️️ -The insurance through his company is primary. What is the period of coverage for events such as death or divorce under COB...

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New York Insurance Laws Questions and Answers Rated A

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New York Insurance Laws Questions and Answers Rated A The time limit on certain defenses under individual health policies in New York is: A 20 days B 3 years C 90 days D 2 years - Answer ️️ -D 2 years The Superintendent may examine the books and records of any insurer based on the: A Permission of a producer B Authority granted by the state C Authority granted by the Secretary of State D Permission of the insurer - Answer ️️ -B Authority granted by the state If a li...

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New York Accident & Health Insurance Adjuster Latest 2024 Graded A+

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New York Accident & Health Insurance Adjuster Latest 2024 Graded A+ The New York Superintendent of Insurance is - Answer ️️ -Appointed by the governor of New York The primary responsibility of the Superintendent of Insurance is - Answer ️️ -Enforcing the state insurance laws and regulations. An independent adjuster - Answer ️️ -A person who acts on behalf of an insurer in investigating and adjusting claims and/ or performing any duties required by the insurer. A public adjust...

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NYS Life, accident, and health insurance Exam 2024

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NYS Life, accident, and health insurance Exam 2024 Which of the following would not be a requirement to obtain an Agent or Broker's license in New York? A. Be 18 years of age B. Be a resident of NY State for at least 10 years C. Complete a pre-approved insurance licensing course D. Pay applicable fees and pass required examination - Answer ️️ -Answer: B. Be a resident of NY State for at least 10 years There is no time requirement for residency. An applicant must be a resident of NYS...

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NYS Insurance Licensing Exam Latest 2024 Graded A

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NYS Insurance Licensing Exam Latest 2024 Graded A insurance transfers - Answer️️ - the risk of an loss for an individual or business to an insurance company which spreads out the costs to many individuals agency contract - Answer️️ - a contract that is held between insurer and an agent/producer containing the expressed authority given to the agent/producer, and the duties/responsibilities to the principal, any agent in violation of the agency contract may be held personally liable t...

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NY License Exam - New York General Insurance Laws Questions and Answers Rated A

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NY License Exam - New York General Insurance Laws Questions and Answers Rated A The Superintendent is the head of the Department of Insurance in New York. The _______ appoints the Superintendent to a four-year term. - Answer ️️ -governor If the Superintendent requests information during an examination or investigation and a person does not respond within ____ days, he or she may impose a penalty of up to $500 per day (not more than $10,000 total) for each day the person fails to respon...

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Insurance License NY Questions and Answers Graded A

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Insurance License NY Questions and Answers Graded A New home buyer S called his agent and told him that he wanted the broadest coverage available for his new home. Which policy would the agent be most likely to recommend? A) HO-3 B) HO-5 C) HO-2 D) HO-8 - Answer ️️ -B Which of the following best defines a hazard? A) It eliminates the chance of loss B) It increases the chance of loss C) It is a cause of loss D) It increases the amount of loss - Answer ️️ -B Under the Homeowne...

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NYS Life, accident, and health insurance Exam Already Passed

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NYS Life, accident, and health insurance Exam Already Passed 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? - Answer ️️ -30-year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? - Answer ️️ -30 A signed good health statement may be requested by a life producer at the time of - Answer ️️ -Policy Delivery Carol purchases ...

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