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

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

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

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

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

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

                                    1. 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.


                                    2. Upon receipt of notice of claim, the insurance company will furnish to the claimant such forms for filing proof of loss within how many days?

                                    A) 15
                                    B) 20
                                    C) 30
                                    D) 10


                                    3. In accidental injury insurance, the insurance policy, the endorsements, and any relevant papers attached to the policy make up the:

                                    A) Uniform mandatory policy provisions
                                    B) Completed application
                                    C) Entire contract
                                    D) Notice of coverage


                                    4. Which approach considers the future needs of the survivors in determining amounts of life insurance?

                                    A) Cost Comparison Approach.
                                    B) Living Benefits Approach.
                                    C) Needs Approach.
                                    D) Human Life Value Approach.


                                    5. In broad terms, the types of support and services generally associated with Long-Term Care policies are provided at which three levels of care?

                                    A) Functional, rehabilitational, and medical care.
                                    B) Professional, social, and economic care.
                                    C) Home-based, assisted living, and medical care.
                                    D) Skilled nursing, Intermediate, and custodial care.


                                    Solutions:

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

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