8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
NY Life, Accident, and Health Insurance Agent/Broker E
EXAM (2025) QUESTIONS AND (elaborated) WITH
COMPLETE SOLUTIONS
Home state means the District of Columbia or any state
or territory of the United States in which an insurance
Home State (2101(l))
producer maintains his, her or its principal place of
residence or principal place of business and is
licensed to act as an insurance
producer.
Negotiate or negotiation means the act of conferring
directly with or offering advice directly to a purchaser or
prospective purchaser of a particular contract of
Negotiate (2101(m))
insurance concerning any of the substantive benefits,
terms or conditions of the contract,
provided that the person engaged in that act either sells
insurance or obtains
insurance from licensed insurers, fraternal benefit
societies or health maintenance organizations for
purchasers.
Sell or sale means to exchange a contract of insurance
Sell (2101(n)) by any means, for money or its equivalent, on behalf of
a licensed insurer, fraternal benefit society or health
maintenance organization.
Solicit or solicitation means attempting to sell insurance
Solicit (2101(o)) - or asking or urging a person to apply for a particular
kind of insurance from a particular licensed insurer,
fraternal benefit society or health maintenance
organization.
… 1/97
,8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
In this section, insurance agent means any authorized
or acknowledged agent of an insurer, fraternal benefit
society or health maintenance organization issued a
Agent 2101(a)
certificate of authority pursuant to the public health law,
and any sub-agent or other representative of such an
agent, who acts as such in the solicitation of,
negotiation for, or sale of, an insurance, health
maintenance organization or annuity contract,
other than as a licensed insurance broker.
insurance producer means an insurance agent, insurance broker,
reinsurance
intermediary, excess lines broker, or any other person
Agent 2101(k) required to be licensed under the insurance laws of this
state to sell, solicit or negotiate insurance.
The applicant must be at least 18 years of age at the time of
license issuance.
An examination is required for each applicant, except
where noted for applicants with a change in residency
moving to New York (see code 2103 below).
a licensed insurance representative who does not
Brokers 2101(c) represent a specific insurance company, but places
business among various companies. Legally, the broker
is
usually regarded as a representative of the insured rather than
the insuring company.
Brokers 2101(h) any licensed attorney at law of this state.
The Superintendent may issue an insurance consultant's
license to any person, firm, association or corporation
who or which has complied with the requirements of this
chapter with respect to either: life insurance, meaning
Consultants (2107)
all of those kinds of insurance authorized. Any such
license issued to a firm or association shall authorize
only the members of such firm or association named in
such license as sub-licensees to act
individually as consultants there under, and any such
license issued to a corporation shall authorize only the
officers and directors thereof named in such license as
sub- licensees to act individually as consultants
there under.
… 2/97
,8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
The Superintendent may, in his discretion require an
applicant for a license under this section to present
evidence, in such form as he prescribes, that such
applicant has been employed, for a period which he
deems reasonable, by an insurer, an
independent adjuster or a public adjuster, in the
Adjuster 2101(g) performance of duties which in his opinion would
provide the applicant with a satisfactory preliminary
training for the duties and responsibilities which would
evolve upon him as a licensee under this section. The
term independent adjuster means any person, firm,
association or
corporation who for money, commission or any other
thing of value, acts in this state on behalf of an insurer
in the work of investigating and adjusting claims arising
under insurance contracts issued by such insurer and
who performs such duties required by such insurer as
are incidental to such claims and also includes any
person who for
compensation or anything of value investigates and
adjusts claims on behalf of any independent
adjuster.
Adjusters will be licensed as either independent adjusters, or as
public adjusters. The Superintendent may prescribe the types of
independent adjusters' licenses
Adjuster 2108 according to the kind or kinds of insurance claims
which the licensee is to be authorized to investigate
and adjust. No adjuster may act on behalf of an insurer
unless licensed as an independent adjuster, and no
adjuster may act on behalf of an insured unless
licensed as a public adjuster. A public adjuster works on
behalf of the insured for a fee.
In this section, non-resident insurance agent means an individual
who is a non-
Nonresident 2101(d) resident of this state and who is licensed or authorized
to act as an insurance agent in the state in which he
resides, or in which he or the firm or association of
… 3/97
, 8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
which he is a member or employee, or the corporation,
of which he is an officer, director, or employee
maintains an office as an insurance agent.
In this section, "non-resident insurance broker", means an
individual who is a non-
Nonresident 2101(e) resident of this state and who is licensed or authorized
to act as an insurance broker in the state in which he
resides, or in which he, or the firm or association of
which he is a member or employee, or the
corporation, of which he is an officer, director or
employee maintains an office as an insurance broker.
In the discretion of the Superintendent, no written insurance
Nonresident 2103(g)(5) examination will be
required of any individual seeking to be named as a
licensee or sub-licensee who is a non-resident
insurance agent.
No written insurance examination will be required of
any individual who applies for an insurance agent
license in this state who was previously licensed for the
same line or lines of authority in another state,
provided, however, that the applicant's home state
grants non-resident licenses to residents of this state on
the same basis. Such
individual shall also not be required to complete any
Nonresident 2103(g)(11) prelicensing education. This exemption is only available
if the person is currently licensed in that state or if the
application is received within 90 days of the date of
cancellation of the applicant's previous license and if the
prior state issues a certification that, at the time of
cancellation, the applicant was in good standing in that
state or the state's producer database records,
maintained by the National Association of Insurance
Commissioners, its affiliates or subsidiaries indicate that the
producer is or was
licensed in good standing for the line of authority
requested. An individual or entity licensed in another
state that moves to this state must make an application
within 90 days of establishing legal residence to become
a resident licensee. No prelicensing education or
… 4/97
NY Life, Accident, and Health Insurance Agent/Broker E
EXAM (2025) QUESTIONS AND (elaborated) WITH
COMPLETE SOLUTIONS
Home state means the District of Columbia or any state
or territory of the United States in which an insurance
Home State (2101(l))
producer maintains his, her or its principal place of
residence or principal place of business and is
licensed to act as an insurance
producer.
Negotiate or negotiation means the act of conferring
directly with or offering advice directly to a purchaser or
prospective purchaser of a particular contract of
Negotiate (2101(m))
insurance concerning any of the substantive benefits,
terms or conditions of the contract,
provided that the person engaged in that act either sells
insurance or obtains
insurance from licensed insurers, fraternal benefit
societies or health maintenance organizations for
purchasers.
Sell or sale means to exchange a contract of insurance
Sell (2101(n)) by any means, for money or its equivalent, on behalf of
a licensed insurer, fraternal benefit society or health
maintenance organization.
Solicit or solicitation means attempting to sell insurance
Solicit (2101(o)) - or asking or urging a person to apply for a particular
kind of insurance from a particular licensed insurer,
fraternal benefit society or health maintenance
organization.
… 1/97
,8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
In this section, insurance agent means any authorized
or acknowledged agent of an insurer, fraternal benefit
society or health maintenance organization issued a
Agent 2101(a)
certificate of authority pursuant to the public health law,
and any sub-agent or other representative of such an
agent, who acts as such in the solicitation of,
negotiation for, or sale of, an insurance, health
maintenance organization or annuity contract,
other than as a licensed insurance broker.
insurance producer means an insurance agent, insurance broker,
reinsurance
intermediary, excess lines broker, or any other person
Agent 2101(k) required to be licensed under the insurance laws of this
state to sell, solicit or negotiate insurance.
The applicant must be at least 18 years of age at the time of
license issuance.
An examination is required for each applicant, except
where noted for applicants with a change in residency
moving to New York (see code 2103 below).
a licensed insurance representative who does not
Brokers 2101(c) represent a specific insurance company, but places
business among various companies. Legally, the broker
is
usually regarded as a representative of the insured rather than
the insuring company.
Brokers 2101(h) any licensed attorney at law of this state.
The Superintendent may issue an insurance consultant's
license to any person, firm, association or corporation
who or which has complied with the requirements of this
chapter with respect to either: life insurance, meaning
Consultants (2107)
all of those kinds of insurance authorized. Any such
license issued to a firm or association shall authorize
only the members of such firm or association named in
such license as sub-licensees to act
individually as consultants there under, and any such
license issued to a corporation shall authorize only the
officers and directors thereof named in such license as
sub- licensees to act individually as consultants
there under.
… 2/97
,8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
The Superintendent may, in his discretion require an
applicant for a license under this section to present
evidence, in such form as he prescribes, that such
applicant has been employed, for a period which he
deems reasonable, by an insurer, an
independent adjuster or a public adjuster, in the
Adjuster 2101(g) performance of duties which in his opinion would
provide the applicant with a satisfactory preliminary
training for the duties and responsibilities which would
evolve upon him as a licensee under this section. The
term independent adjuster means any person, firm,
association or
corporation who for money, commission or any other
thing of value, acts in this state on behalf of an insurer
in the work of investigating and adjusting claims arising
under insurance contracts issued by such insurer and
who performs such duties required by such insurer as
are incidental to such claims and also includes any
person who for
compensation or anything of value investigates and
adjusts claims on behalf of any independent
adjuster.
Adjusters will be licensed as either independent adjusters, or as
public adjusters. The Superintendent may prescribe the types of
independent adjusters' licenses
Adjuster 2108 according to the kind or kinds of insurance claims
which the licensee is to be authorized to investigate
and adjust. No adjuster may act on behalf of an insurer
unless licensed as an independent adjuster, and no
adjuster may act on behalf of an insured unless
licensed as a public adjuster. A public adjuster works on
behalf of the insured for a fee.
In this section, non-resident insurance agent means an individual
who is a non-
Nonresident 2101(d) resident of this state and who is licensed or authorized
to act as an insurance agent in the state in which he
resides, or in which he or the firm or association of
… 3/97
, 8/17/25, 9:51 PM NY Life, Accident, and Health Insurance Agent/Broker E EXAM (2025) QUESTIONS AND (elaborated) WITH COMPLETE SOLUTI…
which he is a member or employee, or the corporation,
of which he is an officer, director, or employee
maintains an office as an insurance agent.
In this section, "non-resident insurance broker", means an
individual who is a non-
Nonresident 2101(e) resident of this state and who is licensed or authorized
to act as an insurance broker in the state in which he
resides, or in which he, or the firm or association of
which he is a member or employee, or the
corporation, of which he is an officer, director or
employee maintains an office as an insurance broker.
In the discretion of the Superintendent, no written insurance
Nonresident 2103(g)(5) examination will be
required of any individual seeking to be named as a
licensee or sub-licensee who is a non-resident
insurance agent.
No written insurance examination will be required of
any individual who applies for an insurance agent
license in this state who was previously licensed for the
same line or lines of authority in another state,
provided, however, that the applicant's home state
grants non-resident licenses to residents of this state on
the same basis. Such
individual shall also not be required to complete any
Nonresident 2103(g)(11) prelicensing education. This exemption is only available
if the person is currently licensed in that state or if the
application is received within 90 days of the date of
cancellation of the applicant's previous license and if the
prior state issues a certification that, at the time of
cancellation, the applicant was in good standing in that
state or the state's producer database records,
maintained by the National Association of Insurance
Commissioners, its affiliates or subsidiaries indicate that the
producer is or was
licensed in good standing for the line of authority
requested. An individual or entity licensed in another
state that moves to this state must make an application
within 90 days of establishing legal residence to become
a resident licensee. No prelicensing education or
… 4/97
