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NYS LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM COMPLETE 300 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+ $24.99
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NYS LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM COMPLETE 300 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+
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NYS LIFE ACCIDENT AND HEALTH INSURANCE
Institution
NYS LIFE ACCIDENT AND HEALTH INSURANCE
NYS LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM
COMPLETE 300 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) ALREADY GRADED A+
NYS LIFE ACCIDENT AND HEALTH INSURANCE EXAM 2024 ACTUAL EXAM
COMPLETE 300 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) ALREADY GRADED A+
The Superintendent's office must be notified as
soon as possible, but within 30 days, of any change
of name or address of a licensee.
Renewal of a producer's license should take place:
A. Every two years on odd numbered years on one's
birth date
B. Every two years on even numbered years on
one's birth date
C. Every two years on odd or even numbered years
on one's birth date, depending on the year the
licensee was born
, Page |2
D. When the Superintendent's office notifies you of
your renewal date - CORRECT ANSWER
>>>>Answer: C. Every two years on odd of even
numbered years on one's birth date, depending on
the year the licensee was born
License renewals occur on both odd and even
numbered years, which is different for each
licensee. The Superintendent's office will not notify
a licensee that is coming up on their renewal.
A successful renewal of one's insurance license in a
2 year renewal period requires completing:
A. Paying a renewal fee only
B. Paying a renewal fee and completing 18 credit
hours of Continuing Education (CE)
C. Completing 15 credit hours of CE only
D. Completing 15 credit hours of CE and paying a
renewal fee - CORRECT ANSWER >>>>Answer: D.
Completing 15 credit hours of CE and paying a
renewal fee
CE must be approved by the DFS.
, Page |3
A domestic insurer will be examined/audited by the
State Insurance Department at least once:
A. In every 3 year period
B. In every 5 year period
C. A year
D. Domestic companies are only examined if the
Superintendent's office deems it necessary -
CORRECT ANSWER >>>>Answer: B. In every 5 year
period
Every insurer is required to submit their books at
least once every 5 years to be examined or audited,
and must keep their books and records for at least 6
years.
A domestic insurer must keep certain records on file
for at least:
A. 5 years
B. 6 years
C. 2 years
, Page |4
D. 3 years - CORRECT ANSWER >>>>Answer: B. 6
years
Certain books and records must be kept on file by
every insurer for at least 6 years to be examined
when and if necessary
In order for an insurance company to conduct
insurance business in NYS, it must receive from the
Superintendent:
A. A license of Authority
B. An Approval of Certification
C. A Certificate of Authority
D. None of the above - CORRECT ANSWER
>>>>Answer: C. A Certificate of Authority
The Superintendent has the right and duty to issue
and approve or deny these certificates.
Which would not be considered to be a "Controlled
Business"?
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