NY Series 17-52 Exam Questions and Answers 100% Correct
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Course
NY Series 17-52
Institution
NY Series 17-52
NY Series 17-52 Exam Questions and Answers 100% CorrectNY Series 17-52 Exam Questions and Answers 100% CorrectNY Series 17-52 Exam Questions and Answers 100% CorrectHow many eligible employees must be included in a contributory health insurance plan? - ANSWER-50%
A man works for Company A and hi...
NY Series 17-52 Exam Questions and Answers 100% Correct
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 COBRA? - ANSWER-36 months
Twenty-five days after a health insurance policy is delivered, the policyowner decides that she would like to return the policy and receive a refund of premium. Which of the following is true? - ANSWER-The policyowner will not receive a refund because the free-look period is over.
An insured is involved in a car accident. In addition to general, less serious injuries, he permanently loses the use of his leg and is rendered completely blind. The blindness improves a month later. To what extent will he receive Presumptive Disability benefits? -
ANSWER-No benefits
For the purpose of insurance, risk is defined as - ANSWER-The uncertainty or chance of loss.
Which of the following is an example of a producer's fiduciary duty? - ANSWER-The trust that a client places in the producer in regard to handling premiums.
Which of the following is NOT true of basic medical expense plans? - ANSWER-
Coverage for catastrophic medical expenses
Which of the following is NOT a feature of a noncancellable policy? - ANSWER-The insurer may terminate the contract only at renewal for certain conditions.
What is the best way to change an application? - ANSWER-Start over with a fresh application
On a major medical insurance policy, the amount that an insured must pay on a claim before the insurer will pay is known as - ANSWER-Deductible.
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