Free New Hampshire Life & Annuities Insurance Practice Exam 2
Prepare for your licensing exam with our realistic state-specific test questions, complete answers, and detailed rationales.
Exam Structure & Overview
Passing the New Hampshire insurance exam is the ultimate step toward launching your career as a licensed professional. This practice test consists of 25 high-probability questions sampled to match the general composition of topics tested on the real state licensing examination.
Whether you are preparing for the Life & Annuities lines or a combined license, practicing with mock questions helps cement concepts, improves time management, and reduces test-day anxiety.
Key Practice Focus Areas
- State Laws & Regulations: Specific rules, licensing duties, and consumer protections.
- Policy Provisions & Options: Standard contract clauses, riders, exclusions, and riders.
- General Principles: Underwriting basics, insurance concepts, and legal requirements.
Recommended Study PathTry this practice exam fully. Review each explanation carefully when an answer is submitted. If you feel ready to unlock the full comprehensive question database, visit the main state hub for deeper exam simulations.
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General InsuranceBasic Principles
The Law of Large Numbers in insurance means that:
New Hampshire Insurance Law & EthicsUnfair trade practices
A New Hampshire agent offers a client a rebate on premiums to close a sale. Under New Hampshire law, this practice is:
Life InsuranceTerm Life
What type of life insurance policy is characterized by a death benefit that decreases over time while the premium remains level?
New Hampshire Insurance Law & EthicsProducer licensing
A New Hampshire resident producer must report any criminal prosecution against them to NHID within how many days of the event?
Life InsuranceTaxation
The cash value in a permanent life insurance policy grows on a tax-deferred basis. What does 'tax-deferred' mean?
New Hampshire Insurance Law & EthicsProducer licensing
A New Hampshire producer's license lapses for nonpayment of renewal fees. Within what period may the producer reinstate the license without retaking the licensing examination?
Life InsuranceVariable Products
Variable life insurance differs from traditional whole life insurance primarily because:
Life InsurancePolicy Provisions
Under the 'misstatement of age or sex' provision in a life insurance policy, if the insured's age was understated on the application:
New Hampshire Insurance Law & EthicsProducer licensing
A business entity in New Hampshire wants to act as an insurance agency. What must it do to legally transact insurance business?
Life InsuranceSettlement Options
Which life insurance settlement option provides the beneficiary with guaranteed income for life, regardless of how long they live?
New Hampshire Insurance Law & EthicsDuties
An insurance company formed under the laws of Vermont is selling life insurance policies in New Hampshire. How is this insurer classified in New Hampshire?
Life InsurancePolicy Provisions
What is the purpose of the 'entire contract' provision in a life insurance policy?
New Hampshire Insurance Law & EthicsProducer licensing
A New Hampshire agent receives commissions from two different insurers for the same sale. This is:
Life InsuranceRiders and Provisions
The accidental death benefit (ADB) rider in a life insurance policy pays an additional benefit if the insured dies from:
Life InsuranceBusiness Uses of Life Insurance
A key person life insurance policy is owned by a business and insures a key employee. Who is the beneficiary of such a policy?
General InsuranceBasic Principles
Which of the following would be an example of a moral hazard?
New Hampshire Insurance Law & EthicsProducer licensing
A New Hampshire producer who has their resident license suspended must report this action to all other states where they hold a non-resident license. This is because:
Life InsuranceGroup Life Insurance
Under ERISA, group life insurance plans provided by employers are:
Life InsurancePermanent Life Insurance
Which dividend option allows the policyowner to use dividends to reduce the amount of the next premium payment?
Life InsurancePermanent Life Insurance
An individual has a 10-pay whole life policy. What does this mean?
Life InsuranceGroup Life Insurance
In group term life insurance, the conversion privilege allows an employee who leaves the group to:
New Hampshire Insurance Law & EthicsProducer licensing
A producer sells insurance using a fictitious name ('ABC Insurance Services'). Under New Hampshire law, what must the producer do before using this name?
Life InsuranceNonforfeiture Options
The nonforfeiture option that uses cash value to purchase term life insurance equal to the full original face amount for as long as the cash value will carry it is called:
Life InsuranceUnderwriting
Life insurance premiums are calculated based on all of the following underwriting factors EXCEPT:
New Hampshire Insurance Law & EthicsDuties