US Insurance New Hampshire Test 1

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Test 1 (New Hampshire) Professional (Insurance, USA) USA — New Hampshire State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — New Hampshire.
For adults preparing for Insurance license in the USA
Section: Insurance — Test 1 (New Hampshire) · Education: Professional (Adult) · Part: Insurance — Test 1 (New Hampshire) · Country: USA · Region: USA — New Hampshire

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is a premium?

A) copay

B) claim payout

C) deductible

D) regular insurance payment

Question 2

What is a deductible?

A) payout

B) copay

C) amount paid before coverage

D) monthly bill

Question 3

What is a copay?

A) deductible

B) premium

C) fixed visit fee

D) payout

Question 4

What is liability coverage?

A) pays others' damage you cause

B) medical for you

C) theft of yours

D) your car repairs

Question 5

What is collision coverage?

A) your car crash repairs

B) liability

C) flood

D) theft

Question 6

What is comprehensive coverage?

A) non-crash damage (theft, hail)

B) liability

C) collision

D) health

Question 7

What is term life insurance?

A) investment

B) no expiry

C) lifetime

D) coverage for a set period

Question 8

What is whole life insurance?

A) lifetime plus cash value

B) term only

C) no payout

D) yearly

Question 9

What is a beneficiary?

A) lender

B) person receiving payout

C) agent

D) adjuster

Question 10

What is underwriting?

A) risk assessment for policies

B) canceling

C) selling

D) claim filing

Question 11

What is an exclusion?

A) premium

B) deductible

C) what policy does NOT cover

D) covered item

Question 12

What is a rider?

A) cancel

B) basic policy

C) claim

D) added coverage option

Question 13

What is coinsurance?

A) full coverage

B) copay

C) shared percent after deductible

D) premium

Question 14

What is an out-of-pocket max?

A) deductible

B) yearly payment ceiling

C) premium

D) unlimited

Question 15

What is HMO?

A) no referrals

B) any doctor

C) network HMO care plan

D) PPO

Question 16

What is PPO?

A) HMO only

B) no coverage

C) flexible network plan

D) free care

Question 17

What is flood insurance?

A) no need

B) homeowners covers

C) separate NFIP policy

D) auto covers

Question 18

What is an adjuster?

A) sells policies

B) assesses claim payouts

C) collects premiums

D) cancels

Question 19

What is subrogation?

A) refunding

B) canceling

C) insurer recovering from at-fault party

D) doubling payout

Question 20

What is actual cash value?

A) new price

B) replacement minus depreciation

C) purchase price

D) agreed value

US Insurance New Hampshire Test 1

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