Ny life insurance - Study guides, Class notes & Summaries

NY Life Insurance Exam Review/ 76 Quizzes & Correct Ans with Rationales/ .

NY Series 17-52 Questions and Answers 100% Pass How many eligible employees must be included in a contributory health insurance plan? 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, The insurance through his company is primary. What is the period of coverage for events such as death or divorce under COBRA? 36 months Twenty-five days after ...

NY Life Accident, and Health Insurance Agent Broker Exam Series 17-55 Complete Solutions 2022/2023 NY Life, Accident, and Health Insurance Agent Broker Exam Series 17-55 Complete Solutions 2022/2023

2024 Life Insurance Exam for Kentucky Company Latest Questions and Answers A. All the incidents of ownership in the policy belong to the donee. - CORRECT ANSWER-In an outright gift of life insurance to a charity A. All the incidents of ownership in the policy belong to the donee. B. The donor retains the right to name a new beneficiary. C. The cash values in the policy belong to the donor. D. The premiums paid by the donor are not tax deductible. C. Making a formal request to the co...

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NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55

NY Life Insurance Exam Review/ 76 Quizzes & Correct Ans with Rationales/ . Terms like: Which settlement option allows the insurer to retain the face amount but pay some income based on gain on the proceeds to the beneficiary at regular intervals? A. Interest only B. Life income C. Fixed amount D. Fixed period - Answer: A. Interest only Within the "interest only" option, the insurer retains policy proceeds and pays interest on the proceeds to the beneficiary at regular intervals. The i...

Based on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? A. Insured's annual expenses B. Effect of inflation on income over time C. Predicted needs of the family after the insured's death D. Insured's current and future income C. Predicted needs of the family after the insured's death. The Human Life Value Approach to determining the value of an individual's life requires the calculation of probable future earnings of the ins...

NY Life Insurance Exam Review Questions and Answers 100% CorrectNY Life Insurance Exam Review Questions and Answers 100% CorrectNY Life Insurance Exam Review Questions and Answers 100% CorrectBased on the Human Life Value Approach, which of the following is NOT used to calculate an individual's life value? A. Insured's annual expenses B. Effect of inflation on income over time C. Predicted needs of the family after the insured's death D. Insured's current and future income - ANSWER-C. Pr...