LAWS AND RULES (NC HEALTH) EXAM
QUESTIONS AND CORRECT VERIFIED
ANSWERS/ ALREADY GRADED A+
Soliciting - CORRECT ANSWER ✔✔- Which of the following is an effort to
influence a person to buy an insurance product from you?
Only if the borrower is not restricted in his/her choices of insurers - CORRECT
ANSWER ✔✔- Under what condition may a lender require the purchase of
insurance as a condition of making a loan?
10 - CORRECT ANSWER ✔✔- A resident agent who moves out of the state of
NC has ____ business days to notify the Commissioner of Insurance of the address
change.
Notice Regarding Replacement - CORRECT ANSWER ✔✔- In the event of a
replacement, what MUST be given to the insurance applicant at the time of
application?
All claims from policies sold by the agent - CORRECT ANSWER ✔✔- An agent
who sells insurance policies for an unauthorized insurer in North Carolina may be
personally liable for:
Through the federal marketplace - CORRECT ANSWER ✔✔- Essential benefits
without annual and lifetime limits are required on any health policy purchased:
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, company - CORRECT ANSWER ✔✔- If a dispute arises over an insurance
contract, the agent who sold the policy is considered to represent the:
insurance company - CORRECT ANSWER ✔✔- An agent who solicits
applications for life insurance in NC is considered to represent the:
Commissioner of Insurance - CORRECT ANSWER ✔✔- In North Carolina, an
agent obtains his/her license from the:
Higher rates of male insureds for life insurance based exclusively on gender -
CORRECT ANSWER ✔✔- North Carolina Insurance law permits which of the
following practices?
Age - CORRECT ANSWER ✔✔- According to the Affordable Care Act (ACA), a
dependent child's eligibility status is determined by:
Discounting insurance premium by the agent - CORRECT ANSWER ✔✔- Which
of these actions fall under North Carolina's definition of rebating?
Defamation - CORRECT ANSWER ✔✔- The circulation of written literature that
is maliciously critical of an insurer's financial condition is called:
Any insurance transaction - CORRECT ANSWER ✔✔- Which of these
circumstances REQUIRE an insurer to clearly specify questions designed to obtain
information solely for marketing research?
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QUESTIONS AND CORRECT VERIFIED
ANSWERS/ ALREADY GRADED A+
Soliciting - CORRECT ANSWER ✔✔- Which of the following is an effort to
influence a person to buy an insurance product from you?
Only if the borrower is not restricted in his/her choices of insurers - CORRECT
ANSWER ✔✔- Under what condition may a lender require the purchase of
insurance as a condition of making a loan?
10 - CORRECT ANSWER ✔✔- A resident agent who moves out of the state of
NC has ____ business days to notify the Commissioner of Insurance of the address
change.
Notice Regarding Replacement - CORRECT ANSWER ✔✔- In the event of a
replacement, what MUST be given to the insurance applicant at the time of
application?
All claims from policies sold by the agent - CORRECT ANSWER ✔✔- An agent
who sells insurance policies for an unauthorized insurer in North Carolina may be
personally liable for:
Through the federal marketplace - CORRECT ANSWER ✔✔- Essential benefits
without annual and lifetime limits are required on any health policy purchased:
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, company - CORRECT ANSWER ✔✔- If a dispute arises over an insurance
contract, the agent who sold the policy is considered to represent the:
insurance company - CORRECT ANSWER ✔✔- An agent who solicits
applications for life insurance in NC is considered to represent the:
Commissioner of Insurance - CORRECT ANSWER ✔✔- In North Carolina, an
agent obtains his/her license from the:
Higher rates of male insureds for life insurance based exclusively on gender -
CORRECT ANSWER ✔✔- North Carolina Insurance law permits which of the
following practices?
Age - CORRECT ANSWER ✔✔- According to the Affordable Care Act (ACA), a
dependent child's eligibility status is determined by:
Discounting insurance premium by the agent - CORRECT ANSWER ✔✔- Which
of these actions fall under North Carolina's definition of rebating?
Defamation - CORRECT ANSWER ✔✔- The circulation of written literature that
is maliciously critical of an insurer's financial condition is called:
Any insurance transaction - CORRECT ANSWER ✔✔- Which of these
circumstances REQUIRE an insurer to clearly specify questions designed to obtain
information solely for marketing research?
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