New York Laws and rules; Questions and Answers 100% Solved
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New York Laws and rules; Questions and
Answers 100% Solved
Which of the following is required for the renewal of an agent's insurance license?
- passing an examination
- college credits
- continuing education
- pre licensing education CORRECT ANSWER-Continuing education
Insurance agent Ke...
New York Laws and rules; Questions and
Answers 100% Solved
Which of the following is required for the renewal of an agent's insurance license?
- passing an examination
- college credits
- continuing education
- pre licensing education CORRECT ANSWER-Continuing education
Insurance agent Kelly offers a prospect a $1,000 shopping card if an insurance policy is
purchased through her. What illegal activity is this an example of?
- defamation
- twisting
- rebating
- coercion CORRECT ANSWER-Rebating
John the agent made public statements that falsely portrayed an insurer as insolvent. John
would be likely found guilty of
- twisting
- defamation
- rebating
- coercion CORRECT ANSWER-defamation
, New York Laws and rules; Questions and
Answers 100% Solved
Replacement regulation is designed to protect
- insurers
- policyowners
- beneficiaries
- agents CORRECT ANSWER-Policyowners from misrepresentations and loss of benefits
All Agents shall maintain full and correct transaction records of business done by them for a
period of AT LEAST
- 2 (years)
-4
-6
-8 CORRECT ANSWER-6 years
An example of endodontic treatment is a
- bridge
- crown
-filling
- root canal CORRECT ANSWER-root canal
, New York Laws and rules; Questions and
Answers 100% Solved
According the the affordable care act (ACA), what metal tier is required to have an actuarial
value of 70% with covered individuals paying 30% through deductibles, co-pats, and other cost
sharing features?
- bronze plan
- silver plan
- gold plan
- platinum plan CORRECT ANSWER-Silver plan
All Health Benefit Plans issued after January 1, 2014 must provide
- long-term care
- dental care
- adult vision
- preventative health services CORRECT ANSWER-preventative health services
Under the Affordable Care Act, how would a grandfathered health plan lose its grandfathered
status?
- the insurer applies a lifetime dollar limit on essential health benefits
- the insurer does not Re-apply for grandfathered status
- the insurer raises premiums across the board by 50%
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