• Exam Code: NY-Life-Accident-and-Health
  • Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
  • Certification Provider: Insurance Licensing
  • Corresponding Certification:Life, Accident, and Health
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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Insurance Principles15-20%- Fair claims settlement practices
- Insurance contract fundamentals
- Ethical sales practices
- Underwriting principles
- Agent/broker duties and ethics
Topic 2: Accident and Health Insurance25-30%- Disability income insurance
- Long-term care insurance basics
- Medical expense coverage
- Major medical coverage
- Health insurance policy types (individual, group, HMOs)
- Dental and vision insurance basics
Topic 3: New York State Regulations20-25%- Replacement and churn rules
- Fiduciary responsibilities
- Licensing requirements and procedures
- Advertising regulations
- NYS Insurance Law requirements
- Consumer protection regulations
Topic 4: Life Insurance Fundamentals25-30%- Policy riders and endorsements
- Beneficiary designations
- Policy types and provisions
- Dividends and nonforfeiture options
- Policy reinstatement

Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:

An annuity product linked to a market-related rate of return is called

  • A. a tax-sheltered annuity.
  • B. an indexed annuity.
  • C. a fixed annuity.
  • D. a deferred annuity.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

Insurance agents have duties and responsibilities to the insured and the insurer. Which of the following responsibilities does an agent owe the insured during the policy year?

  • A. Pay the insured ' s premiums if they are unable to do so.
  • B. Notify the insurance department when claims are paid.
  • C. Help the insured file and follow up on claims.
  • D. Work with rating bureaus to establish insurer ratings.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

An insured individual purchases a disability policy with a waiver of premium rider on January 1. The individual is disabled on June 1. On July 1, he receives proof of permanent and total disability, and submits a claim. He begins receiving benefits on July 15. When are his premiums waived?

  • A. July 15
  • B. January 1
  • C. July 1
  • D. June 1
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

When marketing to groups for health insurance, who should be issued a certificate as proof of coverage?

  • A. HMO
  • B. Sponsor
  • C. Employer
  • D. Employee
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).

Which of the following statements BEST describes a disability elimination period?

  • A. A dollar deductible rather than a time deductible.
  • B. A time deductible rather than a dollar deductible.
  • C. A benefit or utilization period.
  • D. A qualifying period.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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