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NYS Life, accident, and health insurance Exam QUESTIONS AND ANSWERS.
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NYS Life, accident, and health insurance Exam QUESTIONS AND ANSWERS.
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NYS Life, accident, and health insuranceExam QUESTIONS AND ANSWERS
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? /- /(correct /answer) /-30-year /decreasing /term.
How
/many
/days /notice /does /the /ACA /require /insurers /to /give /before /rescinding /coverage? /- /(correct /answer)
/-30
A
/signed
/good /health /statement /may /be /requested /by /a /life /producer /at /the /time /of /- /(correct /answer) /-
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 /- /(correct /answer) /-
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? /- /(correct /answer) /-
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 /- /(correct /answer) /-
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) /- /(correct /answer) /-Single /premium /deferred /annuity
Which
/of
/these /is /NOT /a /factor /that /influences /group /health /insurance /underwriting? /- /(correct /answer) /-
Physical /exams /of /group /members
What
/is
/the
/grace
/period
/required
,/for
/an /individual /accident /and /health /insurance /policy /with /monthly /premiums? /- /(correct /answer) /-
10 /days
In
/regards
/to /technology /and /the /ACA, /which /of /the /following /statements /is /correct? /- /(correct /answer) /-
States /which /operate /with /an /Exchange /must /offer /an /internet-based /portal
Insurable /interest /involves /what /assumption? /- /(correct /answer) /-
One /person /benefits /from /another /person's /continued /life
Which /of /these /policies /is /considered /a /whole /life /policy? /- /(correct /answer) /-Single /premium /life
Which
/of /the /following /would /be /considered /an /unfair /claims /settlement /practice? /- /(correct /answer) /-
Misrepresenting /pertinent /policy /provisions /relating /to /coverage /after /a /loss
A
/policyowner
/is /permitted /to /take /out /a /policy /loan /on /a /whole /life /policy /at /what /point? /- /(correct /answer) /-
When /the /policy /has /a /cash /value
Which
/of /these /is /NOT /a /factor /during /the /health /insurance /underwriting /process? /- /(correct /answer) /-
Former /residence
New
/York /workers /compensation /laws /exclude /benefits /for /disabilities /caused /by /- /(correct /answer) /-
Intentional, /self-inflicted /injuries /occurring /on /the /job
When /premiums /are /determined, /one /factor /would /be /the /expenses /of /the /- /(correct /answer) /-
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 /- /(correct /answer) /-
equal /the /net /single /premium /for /the /same /face /amount /at /the /insured's /attained /age
During
/open
/enrollment
/for /Medicare /Supplement /coverage, /an /applicant /MUST /be /at /least /- /(correct /answer) /-
There /is /no /minimum /age /requirement
, What
/happens
/to
/the
/cash
/value
/of /
a
/market
/value
/adjusted
/annuity /if /it's /surrendered /prior /to /the /end /of /the /stated /guarantee /period? /- /(correct /answer) /-
Subject /to /market /value /adjustment
Which
/of
/the
/following
/contracts
/offer
/deferred
/taxation,
/flexible
/payments, /
a /guaranteed /interest /rate, /and /death /benefits /equal /to /the /cash /value? /- /(correct /answer) /-
Flexible /premium /fixed /annuity
Tonya
/has
/been
/diagnosed
/with
/kidney
/failure /and /has /group /accident /and /health /insurance /through /her /large /employer. /Which /of /these
/accident
/and /health /plans /will /be /primary /during /the /months /following /her /diagnosis? /- /(correct /answer) /-
Her /employer's /group /accident /and /health /plan
Which /statement /regarding /the /certificate /of /insurance /is /accurate? /- /(correct /answer) /-
It /indicates /evidence /of /an /employee's /insurance /coverage
According
/to
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