1. Exam Prep
  2. New Mexico
  3. Accident & Health
  4. Marketing and Claims Practices

Free Marketing and Claims Practices Practice Questions

New Mexico Accident & Health exam — 61 practice questions.

Subtopics: Misrepresentation, Rebating, Defamation, Unfair claims, Twisting, Advertising, Fraud, Free look, Record retention, Privacy, Appointment, Coercion, Replacement notice, Entire contract, Time limit on certain defenses, Reinstatement, Notice of claim, Claim forms, Proof of loss, Time of payment of claims, Physical exam and autopsy, Legal actions, Payment of claims, Change of beneficiary, Change of occupation, Misstatement of age, Illegal occupation, Intoxicants and narcotics, Conformity with statutes, Insuring clause, Guaranteed renewable, Noncancelable, Conditionally renewable, Cancelable, Probationary period, Elimination period, Coinsurance, Grace period, Free look provision, Consideration clause, Pre-existing condition provision, Sickness waiting period, Other insurance in this insurer, Insurance with other insurers, Other insurers per diem, Unpaid premium, Cancellation provision, Flat deductible, Per-cause deductible, All-cause deductible, Corridor deductible, Integrated deductible, Carryover provision, Common accident provision, Restoration of benefits, Benefit period medical, Lifetime maximum benefit, Assignment of benefits, Facility of payment, Period of coverage, Standard and optional provisions

Sample questions & answers

1. A New Mexico producer who tells a client a health policy covers a benefit it clearly excludes has engaged in:

Misrepresentation

Misrepresentation is making a false or misleading statement about a policy's terms or benefits and is a prohibited practice.

2. Offering a New Mexico applicant a cash gift not stated in the policy as an inducement to buy is generally:

Prohibited as rebating unless permitted by law

Rebating—giving an inducement not specified in the contract—is generally prohibited unless specifically allowed by law.

3. A producer who knowingly makes a false statement that financially injures another insurer's reputation has committed:

Defamation

Defamation is making or circulating false statements that harm the reputation of an insurer or producer and is prohibited.

4. Failing to promptly investigate and act on a New Mexico claim when liability is reasonably clear is an example of:

An unfair claims settlement practice

The Unfair Claims Practices Act prohibits failing to act promptly and reasonably when liability is reasonably clear.

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Practice: Marketing and Claims Practices

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.