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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accident and Health Insurance | - Health insurance products
|
| Topic 2: Insurance Fundamentals | - Insurance contract law basics
|
| Topic 3: State Regulations (New York) | - Licensing requirements
|
Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:
1. The PRIMARY purpose of respite care is to
A) provide temporary relief to the patient ' s primary caregiver.
B) ensure that the patient gets some skilled care.
C) provide counseling services to the patient ' s primary caregiver.
D) provide the patient with social opportunities.
2. Predicting an individual ' s future earning potential and determining how much of that amount would be devoted to his dependents incorporates the
A) salary projection approach.
B) personal needs approach.
C) human life value approach.
D) loss exposure approach.
3. The Health Insurance Portability and Accountability Act (HIPAA) ensures that qualified individuals who change jobs will have access to group health insurance with their new employer without
A) having to meet a new deductible.
B) having to satisfy a new preexisting condition period.
C) any change in the level of benefits they receive.
D) having any increase in premium costs.
4. An annuity that guarantees a given number of income payments, whether or not the annuitant is alive to receive them, is referred to as
A) an assured life annuity.
B) a guaranteed survivor annuity.
C) a life annuity certain.
D) an Irrevocable endowed annuity.
5. If an annuitant dies during the accumulation period, his or her beneficiary will receive
A) both the accumulated cash value and the total premiums paid.
B) the lesser of the accumulated cash value or the total premiums paid.
C) no monetary funds.
D) the greater of the accumulated cash value or the total premiums paid.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |



