NY Series 17-52/update 2024/newest
release
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
