Question 1

Which of the following producers, who have been licensed for a full biennial period, MUST complete continuing education requirements as a condition of renewing a license in New York?

Options :

A : Personal Lines agents

B : Independent adjusters

C : Baggage agents

D : Travel accident agents

Answer: A

Question 2

Which type of annuity guarantees a level benefit payment?

Options :

A : Variable.

B : Universal.

C : Limited Life.

D : Fixed.

Answer: D

Question 3

A common disaster clause states that if the beneficiary dies from the same accident as the insured individual, the insurer will proceed as if the

Options :

A : insured individual outlived the beneficiary.

B : beneficiary outlived the insured individual.

C : beneficiary was never named on the policy.

D : beneficiary and the insured individual died simultaneously.

Answer: A

Question 4

If an insured under a life insurance policy dies with an outstanding loan balance then the death benefit will

Options :

A : be reduced by the amount of the loan and interest owed.

B : not be paid until the loan is repaid.

C : be paid less the amount of the loan but not the interest.

D : be paid less the amount of the loan interest but not the principal.

Answer: A

Question 5

Under Workers ' Compensation, injured employees are covered for all of the following losses EXCEPT

Options :

A : loss of wages.

B : pain and suffering.

C : medical expenses.

D : occupational illness.

Answer: B

Free NY-Life-Accident-and-Health-Insurance-Agent-Broker Mock Exam – Practice Online Confidently

Buying Options: