1. Exam Prep
  2. New Hampshire
  3. Life, Accident & Health
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

New Hampshire Life, Accident & Health exam — 28 practice questions.

Subtopics: Insurer classification, Admitted insurer, Insurer types, Surplus lines, Solicitation, Sharing commissions, Unfair discrimination, Application misrepresentation, Insurance fraud, Buyer's guide, Annuity suitability, Free-look mandate, Administrative hearing, Record retention, Complaint handling, Background check, Privacy, Federal fraud statute, Fair Credit Reporting Act, Do Not Call, Illustrations, Disclosure, McCarran-Ferguson Act, NAIC, Twisting, Rebating, CAN-SPAM Act, Advertising

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.

All Life, Accident & Health topics

Practice: Insurance Regulation

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

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.