Nys life accident a - Study guides, Class notes & Summaries

NYS Life, Accident, and Health Insurance Exam || All Questions With Verified Answers || Latest Updated 2024 A++ NYS Life, accident, and health insurance Exam Questions and Answers Latest Updated 2024 [Date] 1 1. 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? - answers>30-year decreasing term. 2. How many days notice does the ACA require insurers to give before rescinding coverage? - ...

NYS Life, Accident, and Health Insurance Exam (2024) || Questions & Answers (Graded A+) NYS Life, Accident, and Health Insurance Exam (2024) || Questions & Answers (Graded A+) 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? - ANSWER - 30-year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? - ANSWER - 30 A signed good health statem...

NYS Life, Accident, And Health Insurance Exam/ 385 Q&A. Terms like: 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? - Answer: 30-year decreasing term. How many days’ notices does the ACA require insurers to give before rescinding coverage? - Answer: 30 A signed good health statement may be requested by a life producer at the time of - Answer: Policy Delivery

NYS Life, Accident, and Health State Exam Simulator Which of the following can be defined as "the potential for loss"? - Risk Which of the following describes the act of insuring a risk against possible loss? - Risk Transfer A description of a qualified plan's insurance contract may be found in which ERISA reporting form? - Annual Return/Report (Form 5500) Which of the following statements is NOT true concerning the relationship between group health insurance plans and Medicare? (...

NYS Life, accident, and health insurance Exam 2024 Which of the following would not be a requirement to obtain an Agent or Broker's license in New York? A. Be 18 years of age B. Be a resident of NY State for at least 10 years C. Complete a pre-approved insurance licensing course D. Pay applicable fees and pass required examination - Answer ️️ -Answer: B. Be a resident of NY State for at least 10 years There is no time requirement for residency. An applicant must be a resident of NYS...

NYS LIFE,ACCIDENT AND HEALTH INSURANCE EXAM 2024 LATEST QUESTIONS WITH WELL ANSWERED ANSWERS WELL GRADED A+

NYS Life, accident, and health insurance Exam| Complete Questions and Answers, 100% Correct| Latest 2023/2024 NYS Life, accident, and health insurance Exam| Complete Questions and Answers, 100% Correct| Latest 2023/2024 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? 30-year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? 30 A...

NYS Life, Accident, And Health Insurance Exam/ 385 Q&A. Terms like: 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 - 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) - Answer: Single premium deferred annuity

NYS Life, Accident and Health |64 Questions| With Correct Answers. 3 years. 15 days. Life Settlement Contract. $100,000 for each settled policy. 24 months. Fingerprints. At the time of application or upon delivery of the policy. Outline of Coverage a Dread Disease Policy Both state and federal. If an individual is in debt to a specific creditor, payments will be made for him/her until they return to work. True. Limited Policy Notice. False. Every health insurance application requir...