Free Disability Income Insurance Practice Questions
New Hampshire Life, Accident & Health exam (series 12-63) — 39 practice questions.
Subtopics: Notice of continuing disability, Time of payment of claims, Loss of time benefits, Relation of earnings, Disability claim reports, Military suspension, Purpose, Elimination period, Benefit period, Definition of disability, Residual disability, Probationary period, Presumptive disability, Recurrent disability, Any occupation, Business overhead expense, Disability buy-out, Cost of living adjustment, Social insurance supplement, Nonoccupational coverage, Waiver of premium, Future increase option, Disability benefit, Benefit amount, Total disability, Partial disability, Group disability, Social Security disability, Key employee DI, Occupational coverage
Read the Disability Income Insurance study guide
Sample questions & answers
1. A New Hampshire disability policy paying benefits for at least 2 years may require the insured to give notice that the disability continues at least once every:
6 months
RSA 415:6, I(5) lets such policies require notice of continuance of disability at least once in every 6 months, except in the event of legal incapacity.
2. Under RSA 415:6, accrued disability (periodic) benefits under a New Hampshire policy must be paid no less frequently than:
Monthly
RSA 415:6, I(8) requires the insurer to insert a period for payment of periodic benefits that is not less frequently than monthly; other benefits are paid immediately upon proof.
3. Under RSA 415:6, if a New Hampshire disability benefit is reduced by Social Security benefits, later Social Security cost-of-living increases after the first month of benefits:
May not further reduce the policy benefit
RSA 415:6, I(13) provides that benefits reduced by Social Security shall not be further reduced by later Social Security increases taking effect after the first month benefits are payable.
4. Under New Hampshire's relation of earnings to insurance provision, total monthly disability benefits from all coverage may not be reduced below the lesser of the sum of the monthly benefits or:
$200
RSA 415:6, II(6) provides that the reduction shall not reduce total monthly benefits below $200 or the sum of the monthly benefits, whichever is less.
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Practice: Disability Income Insurance
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
