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Last Updated: Aug 06, 2026

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Insurance Licensing NY-Life-Accident-and-Health Exam Syllabus Topics:

SectionObjectives
Topic 1: Accident and Health Insurance- Health insurance products
  • 1. Disability income insurance
    • 2. Hospital and medical expense coverage
      - Policy features and provisions
      • 1. Coordination of benefits
        • 2. Elimination periods and benefit limits
          Topic 2: Insurance Fundamentals- Principles of insurance and risk management
          • 1. Insurable interest and indemnity concepts
            • 2. Risk classification and pooling of risk
              - Insurance contract law basics
              • 1. Policy provisions and clauses
                • 2. Elements of a valid contract
                  Topic 3: State Regulations (New York)- Licensing requirements
                  • 1. Pre-licensing education requirements
                    • 2. Application and background checks
                      - Ethics and compliance
                      • 1. Producer responsibilities and conduct
                        • 2. Unfair trade practices

                          Insurance Licensing New York Life, Accident and Health Insurance Agent/Broker Examination Series 17-55 Sample Questions:

                          1. If a policyowner surrenders a policy for its cash value, when is a tax liability incurred?

                          A) The cash value is less than premiums paid.
                          B) The cash value exceeds all premiums paid.
                          C) The policy is exchanged for a policy of equal value.
                          D) The policy is transferred to a third party.


                          2. If a mother and child are without life insurance, what is the MAXIMUM amount of insurance the mother can purchase on the life of her dependent 5-year-old daughter?

                          A) $50,000
                          B) There is no limit
                          C) $25,000
                          D) $10,000


                          3. The general enrollment period for Medicare Part B ends on

                          A) June 30.
                          B) December 31.
                          C) March 31.
                          D) May 31.


                          4. What period of time can a life insurance application be backdated?

                          A) 6 months
                          B) 2 weeks
                          C) 3 months
                          D) 1 year


                          5. Which approach considers the future needs of the survivors in determining amounts of life insurance?

                          A) Living Benefits Approach.
                          B) Human Life Value Approach.
                          C) Cost Comparison Approach.
                          D) Needs Approach.


                          Solutions:

                          Question # 1
                          Answer: B
                          Question # 2
                          Answer: C
                          Question # 3
                          Answer: C
                          Question # 4
                          Answer: A
                          Question # 5
                          Answer: D

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