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

  • Exam Code: NY-Life-Accident-and-Health
  • Exam Name: New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55
  • Updated: Sep 03, 2026
  • Q & A: 122 Questions and Answers

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

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

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

                                    Question 1

                                    Some states have laws ensuring that health insurance coverages are available at a reasonable cost and under reasonable conditions for small employers. Small employers are defined as having no more than

                                    A. 100 employees.
                                    B. 150 employees.
                                    C. 75 employees.
                                    D. 200 employees.


                                    Question 2

                                    The general enrollment period for Medicare Part B ends on

                                    A. June 30.
                                    B. December 31.
                                    C. May 31.
                                    D. March 31.


                                    Question 3

                                    With respect to a life settlement contract, no person shall directly or indirectly pay a referral or finders fee to any person other than the

                                    A. life settlement broker.
                                    B. owner ' s accountant.
                                    C. insurance consultant.
                                    D. owner ' s physician.


                                    Question 4

                                    Clark will be doing business as an agent. When MUST he be appointed by the insurer?

                                    A. Within 15 days of signing the agency contract.
                                    B. Within 20 days after commissions have been paid.
                                    C. Within 15 days of submitting his license application.
                                    D. At the time the license application is submitted.


                                    Question 5

                                    Individuals who are eligible for Medicare on the first day of the month in which they turn age 65 are automatically enrolled in

                                    A. Part A.
                                    B. Part B.
                                    C. Part C.
                                    D. Part D.


                                    Solutions:

                                    Question 1
                                    Answer: A
                                    Question 2
                                    Answer: D
                                    Question 3
                                    Answer: A
                                    Question 4
                                    Answer: A
                                    Question 5
                                    Answer: A

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