NY Series 17-52 Exam Questions and
Correct Answers| Updated
How many eligible employees must be included in a contributory health
insurance plan?
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,
The insurance through his company is primary.
What is the period of coverage for events such as death or divorce under COBRA?
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?
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?
No benefits
For the purpose of insurance, risk is defined as
The uncertainty or chance of loss.
Which of the following is an example of a producer's fiduciary duty?
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?
Coverage for catastrophic medical expenses
Which of the following is NOT a feature of a noncancellable policy?
The insurer may terminate the contract only at renewal for certain conditions.
What is the best way to change an application?
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
Deductible.
Correct Answers| Updated
How many eligible employees must be included in a contributory health
insurance plan?
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,
The insurance through his company is primary.
What is the period of coverage for events such as death or divorce under COBRA?
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?
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?
No benefits
For the purpose of insurance, risk is defined as
The uncertainty or chance of loss.
Which of the following is an example of a producer's fiduciary duty?
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?
Coverage for catastrophic medical expenses
Which of the following is NOT a feature of a noncancellable policy?
The insurer may terminate the contract only at renewal for certain conditions.
What is the best way to change an application?
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
Deductible.
