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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Insurance Regulation and General Principles | 20% | - New York Insurance Code and Laws
|
| Accident and Health Insurance | 35% | - Government Health Programs
|
| Underwriting, Marketing and Sales Practices | 15% | - Application and Underwriting Procedures
|
| Life Insurance Products and Provisions | 30% | - Types of Life Insurance Policies
|
Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:
1. Which approach considers the future needs of the survivors in determining amounts of life insurance?
A) Needs Approach.
B) Living Benefits Approach.
C) Cost Comparison Approach.
D) Human Life Value Approach.
2. What period of time can a life insurance application be backdated?
A) 1 year
B) 3 months
C) 2 weeks
D) 6 months
3. Stranger originated life insurance violates which of the following statutory requirements?
A) Insurable interest.
B) Trust ownership.
C) Right of rescission.
D) Commission sharing.
4. Which of the following is required of a covered entity subject to New York ' s cybersecurity regulation?
A) Eliminate known threats to its information system
B) Ensure that all nonpublic information is properly disclosed
C) Publicly describe the protection of its information system
D) Conduct a risk assessment of its information system
5. Insurance that is designed to pay the balance of a loan if the insured dies before the loan has been repaid in full is
A) universal life.
B) credit life.
C) life settlement.
D) whole life.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |



