Free Individual Accident and Health Provisions Practice Questions
New Mexico Life, Accident & Health exam (series 18-27) — 76 practice questions.
Subtopics: Health grace period, Grace period quarterly premium, Notice of claim, Notice to an agent, Claim forms, Proof of loss, Late proof of loss, Time of payment of claims, Legal actions, Lawsuit deadline, Reinstatement sickness wait, Conditional reinstatement, Reinstatement back premium, Time limit on defenses, Major medical misstatements, Change of beneficiary, Change of occupation, Guaranteed renewability, Market withdrawal notice, Dependent age, Disabled dependent, Newborn coverage, Newborn notice, Adopted children, Coverage of children, Required provisions, Reinstatement, Payment of claims, Physical exam and autopsy, Entire contract, Time limit on certain defenses, Optional provisions, Grace period, Guaranteed renewable, Noncancelable, Optionally renewable, Conditionally renewable, Pre-existing condition, Free-look provision, Insuring clause, Misstatement of age, Relation of earnings to insurance, Intoxicants and narcotics, Coordination of benefits, Renewal provision, Substitute wording, Exclusions, Consideration clause, Renewability, Pre-existing conditions, Probationary period
Read the Individual Accident and Health Provisions study guide
Sample questions & answers
1. Under New Mexico's required individual health policy provisions, the minimum grace period for a policy with monthly premiums is:
10 days
The grace period must be at least 7 days for weekly premium policies, 10 days for monthly premium policies and 31 days for all others.
2. A New Mexico individual health policy with a quarterly premium must provide a grace period of at least:
31 days
Policies with premiums other than weekly or monthly, such as quarterly or annual, must give at least a 31-day grace period.
3. Under New Mexico's required notice of claim provision, written notice of claim must be given within how many days after a covered loss, or as soon as reasonably possible?
20 days
The insured must give written notice of claim within twenty days after the loss begins or as soon thereafter as reasonably possible.
4. Under New Mexico's notice of claim provision, notice given to an authorized agent of the insurer with enough information to identify the insured is:
Deemed notice to the insurer
Notice given to the insurer's designated office or to any authorized agent, with information sufficient to identify the insured, counts as notice to the insurer.
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Practice: Individual Accident and Health Provisions
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.
