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Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:
1. When MUST a newborn child be covered under an existing health insurance policy?
A) Immediately.
B) Within 30 days.
C) Within 45 days.
D) Within 24 hours.
2. Which of the following is NOT an Essential Health Benefit Category under the Affordable Care Act?
A) Emergency Services.
B) Alternative Medicine.
C) Laboratory Services.
D) Maternity and Newborn Care.
3. The cost of a long-term care policy is based on all of the following EXCEPT
A) level of benefits provided.
B) health condition.
C) personal income.
D) age.
4. An insured owns a whole life policy that has accumulated cash value. Which of the following statements is true about the policy ' s cash value?
A) It is subject to fluctuations of the company ' s overall performance.
B) The cash value is not guaranteed.
C) The policy ' s cash value is viewed as investment growth and therefore subject to taxation for each calendar year.
D) The growth of the policy ' s cash value is not subject to income tax while the policy is in force.
5. Under the Affordable Care Act, an insurer may place dollar limits on coverage for
A) routine adult dental services.
B) maternity and newborn care.
C) laboratory services.
D) mental health services.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |


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