NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSWERS
NY Series 17-52 WITH CORRECT ANSW...
NY Series 17-52 WITH CORRECT
ANSWERS
How many eligible employees must be included in a contributory health insurance plan?
- CORRECT ANSWER 50%
A man works for Company A and his wife works for Company B. The spouses are
covered by health plans through their respective companies that also cover the other
spouse. If the husband files a claim, - CORRECT ANSWER The insurance through his
company is primary.
What is the period of coverage for events such as death or divorce under COBRA? -
CORRECT ANSWER 36 months
Twenty-five days after a health insurance policy is delivered, the policyowner decides
that she would like to return the policy and receive a refund of premium. Which of the
following is true? - CORRECT ANSWER The policyowner will not receive a refund
because the free-look period is over.
An insured is involved in a car accident. In addition to general, less serious injuries, he
permanently loses the use of his leg and is rendered completely blind. The blindness
improves a month later. To what extent will he receive Presumptive Disability benefits? -
CORRECT ANSWER No benefits
For the purpose of insurance, risk is defined as - CORRECT ANSWER The uncertainty
or chance of loss.
Which of the following is an example of a producer's fiduciary duty? - CORRECT
ANSWER The trust that a client places in the producer in regard to handling premiums.
Which of the following is NOT true of basic medical expense plans? - CORRECT
ANSWER Coverage for catastrophic medical expenses
Which of the following is NOT a feature of a noncancellable policy? - CORRECT
ANSWER The insurer may terminate the contract only at renewal for certain conditions.
What is the best way to change an application? - CORRECT ANSWER Start over with a
fresh application
On a major medical insurance policy, the amount that an insured must pay on a claim
before the insurer will pay is known as - CORRECT ANSWER Deductible.
Which of the following is correct about a group health insurance policy issued in New
York? - CORRECT ANSWER It cannot exclude newborn children from coverage.
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