New york life - Study guides, Class notes & Summaries

New York Life, Accident and Health Insurance Exam With complete solutions latest update

New York Life Accident and Health Pre-Final Exam 150 Questions with Verified Answers

A beneficiary change can occur? - normally at any time during the policy term A disability policy where the premiums are due monthly require a grace period of? - 10 days A domestic insurance company in NY must - formed under the laws of New York A dread disease policy is considered to be a type of? - Limited health insurance policy (travel accidents, dread disease, hospital income) A field underwriter's main task is? - To ensure an applicant's medical info is accurate and complete A hosp...

Accelerated Benefits - Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accident - An unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insurance - A type of insurance that protects the insured against loss due to accidental bodily injury. Accidental Bodily Injury - Unplanned, unforeseen traumatic injury to the body. Accidental Death and Dismemberment (AD&D) - An insurance ...

New York Life Insurance Questions and Answers Already Passed Accelerated Benefits Riders attached to life insurance policies which allow death benefits to be used to cover nursing or convalescent home expenses. Accidental Death Benefits 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 An insurance policy that provides payment if the insured's death is the result of a...

New York Life, Accident and Health Insurance Final Exam Questions with 100% Correct Answers | Latest Updated

NEW YORK LIFE INSURANCE 2024 QUESTIONS AND ANSWERS

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 ...

A "premature" distribution from a modified endowment contract (MEC) incurs a penalty tax of - 10% A characteristic of preferred provider organizations (PPO) is - If service is obtained outside the PPO, benefits are reduced and costs increase A copy of all Medicare Supplement advertisements must be submitted for approval to - The Superintendent of Insurance A disabled business owner who has payroll and business expenses paid for has what kind of insurance policy? - Business Overhead Expe...