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

NY-Life-Accident-and-Health real exams

Exam Code: NY-Life-Accident-and-Health

Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55

Updated: Sep 14, 2026

Q & A: 122 Questions and Answers

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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Accident and Health Insurance35%- Government Health Programs
  • 1. Medicare and Medicaid
    • 2. New York State Specific Programs
      - Policy Provisions and Claims
      • 1. Coordination of Benefits
        • 2. Eligibility and Enrollment
          - Health Insurance Basics
          • 1. Group vs Individual Coverage
            • 2. Medical Expense and Disability Income
              Topic 2: Underwriting, Marketing and Sales Practices15%- Sales and Customer Service
              • 1. Suitability and Disclosure Requirements
                - Application and Underwriting Procedures
                • 1. Risk Classification and Selection
                  Topic 3: Life Insurance Products and Provisions30%- Policy Provisions, Riders and Options
                  • 1. Beneficiary Designations
                    • 2. Non-forfeiture Values and Dividends
                      - Types of Life Insurance Policies
                      • 1. Term, Whole Life, Universal Life
                        • 2. Annuities and Retirement Products
                          Topic 4: Insurance Regulation and General Principles20%- New York Insurance Code and Laws
                          • 1. Producer Responsibilities and Ethics
                            • 2. Unfair Trade Practices
                              • 3. Licensing Requirements and Procedures
                                - Insurance Concepts
                                • 1. Risk Management and Insurable Interest
                                  • 2. Contract Law and Policy Structure

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

                                    Question #1

                                    When a provider does NOT have an agreement with the insurer for payment, they will be reimbursed

                                    • A. an absolute fee.
                                    • B. a usual, customary, and reasonable fee.
                                    • C. a relative fee.
                                    • D. a non-scheduled plan customary fee.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: B  🗳️

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                                    Question #2

                                    The Group Life Underwriting risk selection process helps protect insurers from

                                    • A. medical underwriting.
                                    • B. risk selection.
                                    • C. risk underwriting.
                                    • D. adverse selection.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: D  🗳️

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                                    Question #3

                                    Which of the following CORRECTLY identifies the favorable income tax treatment afforded to annuities?

                                    • A. Gains are taxed only on distribution.
                                    • B. The entire distribution is taxed at the owner ' s rate of taxation.
                                    • C. Annual earnings are partially income tax exempt.
                                    • D. Annual earnings are partially income tax deductible.
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A  🗳️

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                                    Question #4

                                    If a mother and child are without life insurance, what is the MAXIMUM amount of insurance the mother can purchase on the life of her dependent 5-year-old daughter?

                                    • A. $25,000
                                    • B. $50,000
                                    • C. There is no limit
                                    • D. $10,000
                                    Reveal Solution  Discussion  0

                                    Correct Answer: A  🗳️

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                                    Question #5

                                    Which of the following is described when a selected group of practitioners, in a certain area, agrees to provide services at a pre-arranged cost on a fee-for-service basis?

                                    • A. risk purchasing group
                                    • B. coalition group
                                    • C. preferred provider organization
                                    • D. indemnity organization
                                    Reveal Solution  Discussion  0

                                    Correct Answer: C  🗳️

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

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