Free Insurance Regulation Practice Questions
New Hampshire Life, Accident & Health exam (series 12-63) — 203 practice questions.
Subtopics: Insurer classification, Admitted insurer, Insurer types, Surplus lines, Solicitation, Sharing commissions, Unfair discrimination, Application misrepresentation, Insurance fraud, Buyer's guide, Annuity best interest, Free-look mandate, Administrative hearing, Record retention, Complaint handling, Uniform application, Commissioner vacancy, Rulemaking notice, Administrative fines, Investigation requests, Hearing requests, Insurer examinations, Producer records, Unlicensed activity, Licensing exemptions, Licensing definitions, License authority, Examination, Testing service, License application, Business entity license, License reinstatement, Renewal waiver, Change of address, License expiration, Continuing education, Nonresident licensing, New residents, Assumed names, Temporary license, License discipline, Commissions, Appointments, Appointment termination, Reporting actions, Referral fees, Fiduciary duty, Premium trust account, Return premiums, Twisting penalties, Misrepresentation, Application misstatements, False advertising, Defamation, Coercion, Illegal inducement, Rebating, Unfair claims practices, Coercion by lenders, HIV testing, Unfair practice penalties, Consumer restitution, Cease and desist, Fraud unit, Fraud reporting immunity, Privacy notices, Privacy authorization, Financial institutions, Claim handling, Life regulation authority, Form review, Producer disclosure, Buyer's Guide, Policy summary, Policy data, Misleading titles, Preneed funding, Replacement, Replacement records, Senior designations, Guaranty association limits, Guaranty association advertising, Guaranty association notice, Variable products license, Line of authority, Mortgage life, Opioid antagonist, Health discrimination, A&H penalties, A&H advertising, Privacy, Federal fraud statute, Fair Credit Reporting Act, Do Not Call, Illustrations, Disclosure, McCarran-Ferguson Act, NAIC, Twisting, CAN-SPAM Act, Advertising, State regulation, HIPAA privacy, Anti-money laundering, Unfair trade practices, Producer licensing, Insurer authorization, Guaranty association
Read the Insurance Regulation study guide
Sample questions & answers
1. An insurance company organized under the laws of a country other than the United States is classified in New Hampshire as a(n):
Alien insurer
An alien insurer is one organized under the laws of a country outside the United States.
2. An insurer that has received a certificate of authority to do business in New Hampshire is referred to as:
An admitted or authorized insurer
An admitted or authorized insurer holds a certificate of authority to transact insurance in the state.
3. An insurer owned by its policyholders, who may receive dividends, is a:
Mutual insurer
A mutual insurer is owned by its policyholders, who may share in divisible surplus through policy dividends.
4. Surplus lines insurance in New Hampshire is generally used to:
Place coverage with an eligible nonadmitted insurer when it is unavailable in the admitted market
Surplus lines coverage is placed with eligible nonadmitted insurers when the coverage cannot be obtained from admitted carriers.
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Practice: Insurance Regulation
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.
