NEW MEXICO LIFE, HEALTH, ACTUAL REAL
EXAM AND PRACTICE EXAM CURRENTLY
TESTING VERSION | ALREADY GRADED
A+|EXPERT VERIFIED FOR GUARANTEED PASS
2026-2027
Insurance crimes which affect interstate commerce are prosecuted by the
US Attorney General
Which of the following is covered by a basic dental indemnity plan?
Non-surgical periodontal treatment
Which health policy clause specifies the amount of benefits to be paid?
Insuring
The exclusion ratio determines
the amount of an annuity payment subject to income tax
An example of endodontic treatment is a
root canal
The interest paid during an annuity's payout period is considered
taxable as ordinary income
1|Page
, A reciprocal insurer typically has an administrator who manages the premiums collected
from the group's members. This administrator is called a(n)
attorney-in-fact
What is a major difference between private commercial insurers and HMO's?
An HMO combines medical care delivery and funding in one organization
Which benefit can be found in an equity indexed annuity, but not in a fixed annuity?
Protection against long-term inflation
ABC Corporation purchases and is beneficiary of an individual disability income insurance
policy on a key employee. Which of the following statements is true?
Benefits are received tax-free by the company
Ken is age 65 and has 2 years until he receives Social Security retirement income benefits.
At his current age, which is true about Medicare Part A Hospital Insurance coverage?
It is available through application to Social Security
Which of the following best describes the presumptive disability provision?
Waives the typical total disability requirements
Which action will trigger a penalty tax on premature distributions from a modified
endowment contract (MEC)?
policy loans
2|Page
EXAM AND PRACTICE EXAM CURRENTLY
TESTING VERSION | ALREADY GRADED
A+|EXPERT VERIFIED FOR GUARANTEED PASS
2026-2027
Insurance crimes which affect interstate commerce are prosecuted by the
US Attorney General
Which of the following is covered by a basic dental indemnity plan?
Non-surgical periodontal treatment
Which health policy clause specifies the amount of benefits to be paid?
Insuring
The exclusion ratio determines
the amount of an annuity payment subject to income tax
An example of endodontic treatment is a
root canal
The interest paid during an annuity's payout period is considered
taxable as ordinary income
1|Page
, A reciprocal insurer typically has an administrator who manages the premiums collected
from the group's members. This administrator is called a(n)
attorney-in-fact
What is a major difference between private commercial insurers and HMO's?
An HMO combines medical care delivery and funding in one organization
Which benefit can be found in an equity indexed annuity, but not in a fixed annuity?
Protection against long-term inflation
ABC Corporation purchases and is beneficiary of an individual disability income insurance
policy on a key employee. Which of the following statements is true?
Benefits are received tax-free by the company
Ken is age 65 and has 2 years until he receives Social Security retirement income benefits.
At his current age, which is true about Medicare Part A Hospital Insurance coverage?
It is available through application to Social Security
Which of the following best describes the presumptive disability provision?
Waives the typical total disability requirements
Which action will trigger a penalty tax on premature distributions from a modified
endowment contract (MEC)?
policy loans
2|Page
