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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Underwriting, Marketing and Sales Practices | 15% | - Application and Underwriting Procedures
|
| Topic 2: Insurance Regulation and General Principles | 20% | - New York Insurance Code and Laws
|
| Topic 3: Accident and Health Insurance | 35% | - Policy Provisions and Claims
|
| Topic 4: Life Insurance Products and Provisions | 30% | - Types of Life Insurance Policies
|
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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