With the pass rate of more than 98%, our NY-Life-Accident-and-Health training materials have gained popularity in the market. We also pass guarantee and money back guarantee for you fail to pass the exam by using the NY-Life-Accident-and-Health exam dumps, or you can replace other 2 valid exam dumps, at the same time, you can also get the free update for NY-Life-Accident-and-Health Training Materials. In addition, we use the international recognition third party for payment, therefore your money safety id guaranteed. We support online payment with credit card.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Life Insurance Fundamentals | 25-30% | - Dividends and nonforfeiture options - Policy types and provisions - Policy reinstatement - Policy riders and endorsements - Beneficiary designations |
| Topic 2: Accident and Health Insurance | 25-30% | - Long-term care insurance basics - Major medical coverage - Disability income insurance - Dental and vision insurance basics - Health insurance policy types (individual, group, HMOs) - Medical expense coverage |
| Topic 3: General Insurance Principles | 15-20% | - Insurance contract fundamentals - Ethical sales practices - Underwriting principles - Agent/broker duties and ethics - Fair claims settlement practices |
| Topic 4: New York State Regulations | 20-25% | - Advertising regulations - Replacement and churn rules - Licensing requirements and procedures - Consumer protection regulations - NYS Insurance Law requirements - Fiduciary responsibilities |
>> NY-Life-Accident-and-Health Test Collection <<
The Insurance Licensing NY-Life-Accident-and-Health certification exam is one of the valuable credentials designed to demonstrate a candidate's technical expertise in information technology. They can remain current and competitive in the highly competitive market with the NY-Life-Accident-and-Health certificate. For novices as well as seasoned professionals, the New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Questions provide an excellent opportunity to not only validate their skills but also advance their careers.
NEW QUESTION # 93
Under the grace period, an insured submits a $300 claim for medical expenses. The insurer notes that the insured has a past due premium of $100, and as a result, the insurer only pays $200. Which of the following provisions covers this situation?
Answer: C
Explanation:
The correct answer is Unpaid premium . In accident and health insurance, the unpaid premium provision permits the insurer to deduct any premium that is due and unpaid from a claim payment when a loss occurs during the grace period. The grace period allows coverage to remain in force for a limited time after the premium due date, giving the insured an opportunity to make the overdue payment without immediate lapse of coverage. However, if a claim is submitted during that period, the insurer has the right to subtract the outstanding premium from the amount otherwise payable.
In this question, the insured submits a $300 claim , but because $100 in premium is overdue , the insurer pays only $200 . That is exactly how the unpaid premium provision operates.
The other choices do not fit. Payment of claims refers to how and to whom claims are paid, not deduction of overdue premium. Misstatement of age applies when an incorrect age affects premium or benefits. Payment actions is not the standard policy provision being tested here. Therefore, the correct answer is A. Unpaid premium .
NEW QUESTION # 94
In addition to the application, MIB, or consumer reports, underwriters can acquire information from all of the following EXCEPT
Answer: B
Explanation:
Life insurance underwriting relies on multiple sources to evaluate an applicant's insurability and assign an appropriate risk classification. Beyond the application, the Medical Information Bureau (MIB), and consumer reports, insurers commonly obtain additional medical information through medical questionnaires (supplemental health questions), attending physician statements (APS) from the applicant's doctor, and physical examinations (often including measurements, vitals, and sometimes lab work) when required by the insurer's underwriting guidelines. These tools help confirm medical history, clarify conditions disclosed on the application, and verify current health status so the insurer can make a fair underwriting decision.
However, insurers generally do not obtain information through genetic testing as part of routine underwriting.
Licensing materials typically treat genetic testing as an excluded underwriting source because of legal and regulatory protections that restrict requesting or using genetic test results in insurance decisions. Therefore, while questionnaires, APS reports, and physical exams are standard underwriting information sources, genetic testing is the exception.
NEW QUESTION # 95
Someone who sells, solicits, or negotiates insurance contracts for compensation is called
Answer: C
Explanation:
The correct answer is B. an insurance producer . Under New York insurance law and licensing terminology , an individual who sells, solicits, or negotiates insurance contracts for compensation must be licensed as an insurance producer . The term "insurance producer" is a general designation used by state insurance regulations to refer to individuals authorized to act as agents or brokers in the sale of insurance products such as life insurance and accident and health insurance. A licensed producer must meet state requirements, which typically include completing pre-licensing education, passing the state licensing examination, submitting an application, and maintaining continuing education to keep the license active.
The other options are incorrect. An independent insurance adjuster investigates and settles insurance claims but does not sell policies. An insurance adviser is not the official legal licensing title used in New York for individuals authorized to sell or negotiate policies. A life insurer refers to the insurance company itself, not the individual who markets or sells the policies. Therefore, according to New York Life, Accident and Health licensing standards and New York insurance regulations, the person legally permitted to sell, solicit, or negotiate insurance contracts for compensation is called an insurance producer .
NEW QUESTION # 96
A Medicare Supplement policy must NOT contain benefits which
Answer: B
Explanation:
A Medicare Supplement policy (Medigap) is designed specifically to fill the gaps in coverage left by Medicare Parts A and B . These policies are standardized and regulated to ensure that they supplement, rather than replace or duplicate, Medicare benefits. The purpose of Medigap coverage is to help pay for certain out- of-pocket expenses , such as deductibles, copayments, coinsurance, and other costs that original Medicare does not fully cover. Because of this purpose, Medicare Supplement policies are not allowed to duplicate benefits that Medicare already provides . If a benefit were duplicated, it would violate the fundamental principle that Medigap policies are intended only to supplement existing Medicare coverage , not provide overlapping payments for the same services.
Option A is incorrect because insurers may charge premiums for the coverage provided under the policy.
Option C is incorrect because Medigap plans may include benefits that help pay expenses beyond Medicare's basic coverage limits (such as additional hospital days). Option D is incorrect because Workers' Compensation operates separately and is not the defining restriction placed on Medigap benefits. Therefore, Medicare Supplement policies must not duplicate Medicare benefits .
NEW QUESTION # 97
At the time of an insured ' s death, a per capita distribution of policy proceeds are paid to
Answer: D
Explanation:
The correct answer is the named living primary beneficiaries . In life insurance beneficiary designations, per capita means "by the head," or equally among the living members of the named class or group . When policy proceeds are distributed per capita, each living beneficiary at the same beneficiary level receives an equal share of the death benefit. If one of the named primary beneficiaries dies before the insured, that deceased beneficiary's share is not passed to that beneficiary's estate or descendants unless the policy specifically provides otherwise. Instead, the proceeds are divided equally among the remaining living primary beneficiaries .
This is what distinguishes per capita from per stirpes . Under per stirpes, the share of a deceased beneficiary would pass down to that beneficiary's descendants. But under per capita, only the surviving named beneficiaries in the class receive the proceeds.
The other options are incorrect because a deceased beneficiary's estate does not automatically receive the share, the children of a deceased primary beneficiary are not paid under per capita unless specifically named, and contingent beneficiaries are paid only if no primary beneficiaries survive. Therefore, D is correct.
NEW QUESTION # 98
......
In the Insurance Licensing NY-Life-Accident-and-Health Dumps PDF format of TestKingFree, the questions are very relevant to the actual New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 (NY-Life-Accident-and-Health) exam. The New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 (NY-Life-Accident-and-Health) dumps PDF format is appropriate for laptops, smartphones, and tablets. As the NY-Life-Accident-and-Health PDF questions file is portable, you can easily study via it anywhere. You can also print these Insurance Licensing PDF Dumps. TestKingFree regularly updates its New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 (NY-Life-Accident-and-Health) questions PDF file to improve the questions and introduce changes when required.
NY-Life-Accident-and-Health Reliable Test Cram: https://www.testkingfree.com/Insurance-Licensing/NY-Life-Accident-and-Health-practice-exam-dumps.html