NC Accident and
Health Exam and
Answers Updated
2026
TheBperiodBinBwhichBillness-relatedBdisabilitiesBareBexcludedBfromBcoverage.B-
BAnswerBProbationaryBperiod
AnBapproachBinBwhichBaBcertainBamountBofB"points"BareBassignedBtoBaBprocedureBb
asedBonBanBamountBrelativeBtoBaBmaximumBcostBforBsimilarBproceduresBinBthatBgeo
graphicBarea.B-BAnswerBRelativeBvalueBapproach
WhichBtypeBofBpolicyBallowsBtheBpolicyownerBtoBrenewBtheBpolicyBtoBaBstatedBageB
withoutBevidenceBofBinsurability,BbutBallowsBforBtheBinsuranceBcompanyBtoBraiseBtheB
premiumBonBtheBentireBclassBofBinsureds?B-BAnswerBGuaranteedBRenewable
TheBinsurerBcannotBreferBtoBanyBdocumentBthatBisBnotBcontainedBinBtheBcontract,Bis
BaBfunctionBofBwhichBclause?B-BAnswerBEntireBcontractBclause
AfterBaBpolicyBlapsesBandBisBsubsequentlyBreinstated,BhowBlongBdoesBitBtakeBforBacci
dentBcoverageBtoBkickBin?B-
BAnswerBImmediatelyB(sicknessBcoverageBmayBhaveBaBwaitingBperiodBofBaboutB10Bda
ys)
WhatBisBtheBtaxabilityBofBDisabilityBBuy-SellBcoverage?B-
BAnswerBPremiumBpaymentsBareBNOTBdeductibleBtoBtheBbusinessBasBaBbusinessBexp
ense.BHowever,BbenefitsBpaidBoutBareBreceivedBtaxBfreeBbyBtheBbusiness.
, AnBexampleBofBaBlimitedBhealthBaccidentBandBhealthBinsuranceBpolicyBwouldBbe?B-
BAnswerBDreadBDiseaseBPolicy
TravelBAccidentBPolicy
ABpolicyBthatBcoversBallBofBtheBparticipantsBwithoutBnamingBthemBindividually.B-
BAnswerBBlanketBPolicy
TaxabilityBofBLTCBinsurance.B-
BAnswerBBenefitsBareBincomeBtaxBfreeB(exceptBforBexcessiveBbenefitsBasBdeterminedB
byBstatute).BPremiumsBmayBbeBdeductibleBdependingBonBtheBsituation.
AccidentalBdeathBandBdismembermentBpoliciesBpayBoutBbenefitsBonBwhatBbasis?B-
BAnswerBLump-
SumB(PrincipalBamountBforBlossBofBtwoBlimbsBorBdeath;BcapitalBamountBforBlossBofBo
neBlimb)
TheBCommissionerBexaminesBandBinvestigatesBallBinsuranceBinstitutionsBtoBensureBwha
t?B-
BAnswerBThatBtheyBremainBsolventBandBconductBbusinessBinBcomplianceBwithBstateBl
awsBandBregulations.
HowBmanyBhoursBofBcontinuingBeducationBcreditsBareBrequiredBofBanBinsuranceBagen
t?B-BAnswerB24BhoursBeveryB2ByearsB(3BofBwhichBareBEthicsBrelated)
*ExtraBCEBcreditBhoursBcanBbeBcarriedBoverBtoBnextBlicenseBrenewalBperiod.
T/F/.BFailureBtoBpayBstateBincomeBtaxBisBgroundsBforBanBagent'sBlicenseBtoBbeBsuspe
ndedBorBrevoked.B-BAnswerBTrue
MaxBageBtoBqualifyBforBaBcatastrophicBplan?B-BAnswerB30
Health Exam and
Answers Updated
2026
TheBperiodBinBwhichBillness-relatedBdisabilitiesBareBexcludedBfromBcoverage.B-
BAnswerBProbationaryBperiod
AnBapproachBinBwhichBaBcertainBamountBofB"points"BareBassignedBtoBaBprocedureBb
asedBonBanBamountBrelativeBtoBaBmaximumBcostBforBsimilarBproceduresBinBthatBgeo
graphicBarea.B-BAnswerBRelativeBvalueBapproach
WhichBtypeBofBpolicyBallowsBtheBpolicyownerBtoBrenewBtheBpolicyBtoBaBstatedBageB
withoutBevidenceBofBinsurability,BbutBallowsBforBtheBinsuranceBcompanyBtoBraiseBtheB
premiumBonBtheBentireBclassBofBinsureds?B-BAnswerBGuaranteedBRenewable
TheBinsurerBcannotBreferBtoBanyBdocumentBthatBisBnotBcontainedBinBtheBcontract,Bis
BaBfunctionBofBwhichBclause?B-BAnswerBEntireBcontractBclause
AfterBaBpolicyBlapsesBandBisBsubsequentlyBreinstated,BhowBlongBdoesBitBtakeBforBacci
dentBcoverageBtoBkickBin?B-
BAnswerBImmediatelyB(sicknessBcoverageBmayBhaveBaBwaitingBperiodBofBaboutB10Bda
ys)
WhatBisBtheBtaxabilityBofBDisabilityBBuy-SellBcoverage?B-
BAnswerBPremiumBpaymentsBareBNOTBdeductibleBtoBtheBbusinessBasBaBbusinessBexp
ense.BHowever,BbenefitsBpaidBoutBareBreceivedBtaxBfreeBbyBtheBbusiness.
, AnBexampleBofBaBlimitedBhealthBaccidentBandBhealthBinsuranceBpolicyBwouldBbe?B-
BAnswerBDreadBDiseaseBPolicy
TravelBAccidentBPolicy
ABpolicyBthatBcoversBallBofBtheBparticipantsBwithoutBnamingBthemBindividually.B-
BAnswerBBlanketBPolicy
TaxabilityBofBLTCBinsurance.B-
BAnswerBBenefitsBareBincomeBtaxBfreeB(exceptBforBexcessiveBbenefitsBasBdeterminedB
byBstatute).BPremiumsBmayBbeBdeductibleBdependingBonBtheBsituation.
AccidentalBdeathBandBdismembermentBpoliciesBpayBoutBbenefitsBonBwhatBbasis?B-
BAnswerBLump-
SumB(PrincipalBamountBforBlossBofBtwoBlimbsBorBdeath;BcapitalBamountBforBlossBofBo
neBlimb)
TheBCommissionerBexaminesBandBinvestigatesBallBinsuranceBinstitutionsBtoBensureBwha
t?B-
BAnswerBThatBtheyBremainBsolventBandBconductBbusinessBinBcomplianceBwithBstateBl
awsBandBregulations.
HowBmanyBhoursBofBcontinuingBeducationBcreditsBareBrequiredBofBanBinsuranceBagen
t?B-BAnswerB24BhoursBeveryB2ByearsB(3BofBwhichBareBEthicsBrelated)
*ExtraBCEBcreditBhoursBcanBbeBcarriedBoverBtoBnextBlicenseBrenewalBperiod.
T/F/.BFailureBtoBpayBstateBincomeBtaxBisBgroundsBforBanBagent'sBlicenseBtoBbeBsuspe
ndedBorBrevoked.B-BAnswerBTrue
MaxBageBtoBqualifyBforBaBcatastrophicBplan?B-BAnswerB30