Study guides, Class notes & Summaries

NY state insurance license practice exam questions/answers verified Under what circumstance does an accident and health insurer have the right to request an autopsy? 1. When the claim exceeds an amount specified in the policy 2. When 2 days have passed after death 3. When not prohibited by state law 4. When consent is given by the beneficiary - CORRECT ANSWER-3. When not prohibited by state law Which of the following accurately describes the "time limit on certain defenses"? 1. Af...

NYS Life, accident, and health insurance Exam (NY series 17-55) 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? - CORRECT ANSWER-30- year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? - CORRECT ANSWER-30 A signed good health statement may be requested by a life producer at the time of - CORRECT ANSWER-Policy Delivery Carol pur...

New York Accident & Health Insurance (NY series 17-55) study guide exam Agent Licesne - CORRECT ANSWER-Noone can sell insurance without license but you dont need to pass test if you are employees of licesed insurance agent wh do nt solicit, licensed attorneys, actuaries or cpas who provid ino, regular salaried implyees who devote little tie, an agent oof a graternal benefit society - must be 18, pass 540 hr course - pass state exam - Application must be submiteed w in 2 years - ren...

PSI NY Life, Accident and Health Practice Exam 17-55

NYS Life, accident, and health insurance Exam (NY series 17-55) 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? - CORRECT ANSWER-30- year decreasing term. How many days notice does the ACA require insurers to give before rescinding coverage? - CORRECT ANSWER-30 A signed good health statement may be requested by a life producer at the time of - CORRECT ANSWER-Policy Delivery Carol pur...

PSI NY Life, Accident and Health Practice Exam 17-55 (TEST STUDY SET) Which policy provision permits the policy owner to take a specified number of days to examine the contract, and allows for cancellation and a full refund if the policy owner rejects the terms or costs? - CORRECT ANSWER-Free Look When will a policy pay on a UCR basis? - CORRECT ANSWER-When particular benefits are not listed on a payment schedule Which type of rider reimburses health and social service expenses incurr...

PSI NY Life, Accident and Health Practice Exam 17-55 actual test series 17-55 Which policy provision permits the policy owner to take a specified number of days to examine the contract, and allows for cancellation and a full refund if the policy owner rejects the terms or costs? - CORRECT ANSWER-Free Look When will a policy pay on a UCR basis? - CORRECT ANSWER-When particular benefits are not listed on a payment schedule Which type of rider reimburses health and social service expen...

PSI - NY Life, Accident and Health Practice Exam (NY series 17-55) 100% scores Which policy provision permits the policy owner to take a specified number of days to examine the contract, and allows for cancellation and a full refund if the policy owner rejects the terms or costs? - CORRECT ANSWER-Free Look When will a policy pay on a UCR basis? - CORRECT ANSWER-When particular benefits are not listed on a payment schedule Which type of rider reimburses health and social service expe...