NY Series 17-52 Questions and Answers 100% Pass
/. How many eligible employees must be included in a contributory health insurance
plan? - 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, - Answer-✅The insurance through his company is
primary.
/.What is the period of coverage for events such as death or divorce under COBRA? -
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? - 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? -
Answer-✅No benefits
/.For the purpose of insurance, risk is defined as - Answer-✅The uncertainty or chance
of loss.
/.Which of the following is an example of a producer's fiduciary duty? - 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? - Answer-
✅Coverage for catastrophic medical expenses
/.Which of the following is NOT a feature of a noncancellable policy? - Answer-✅The
insurer may terminate the contract only at renewal for certain conditions.
/.What is the best way to change an application? - 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 - Answer-✅Deductible.
/. How many eligible employees must be included in a contributory health insurance
plan? - 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, - Answer-✅The insurance through his company is
primary.
/.What is the period of coverage for events such as death or divorce under COBRA? -
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? - 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? -
Answer-✅No benefits
/.For the purpose of insurance, risk is defined as - Answer-✅The uncertainty or chance
of loss.
/.Which of the following is an example of a producer's fiduciary duty? - 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? - Answer-
✅Coverage for catastrophic medical expenses
/.Which of the following is NOT a feature of a noncancellable policy? - Answer-✅The
insurer may terminate the contract only at renewal for certain conditions.
/.What is the best way to change an application? - 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 - Answer-✅Deductible.
