Free Insurance Licensing InsNV_Health02 Practice Test & Real Exam Questions
A life policy lapses because a premium was not paid. To reinstate the policy, the insurer will generally require all of the following EXCEPT:
Correct Answer: A
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
An insured who owns a Disability Income policy forgot to pay the premium due on July 1. If the insured files a disability claim on July 31, the insurance company will MOST likely:
Correct Answer: B
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
Which underwriting duty is most directly performed by a producer during a life insurance application interview?
Correct Answer: D
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
Under federal COBRA continuation rules, an employee who loses group health coverage because of termination of employment or reduction in hours will generally be offered continuation coverage for up to:
Correct Answer: D
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
When a criminal violation of the insurance code has occurred, the Nevada Insurance Commissioner is required to report the violation to the:
Correct Answer: B
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
For which of the following losses would an insurance company MOST likely pay benefits under an Accidental Death and Dismemberment policy?
Correct Answer: D
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
In a variable annuity, who bears the investment risk associated with the separate-account investment performance?
Correct Answer: D
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
The Fair Credit Reporting Act requires that:
Correct Answer: B
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
In order for a health insurance producer to be an Exchange Enrollment Facilitator (EEF), the producer:
Correct Answer: B
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
The statement that an insured MUST give an insurance company to show that a loss actually occurred is a:
Correct Answer: A
Vote an answer
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
