9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
Nevada Life and Health License Exam Prep
Questions 2025 (Actual Exam) Questions with
verified Answers (Latest Update 2025) UPDATE!!
Save
Terms in this set (329)
What are the four required Agreement, consideration, competent parties, and
elements of an insurance legal purpose.
contract?
General Information and the Medical Information. An
What two parts make up a
agent's report can go in a life insurance application
life insurance application?
but is not included in the life insurance policy.
When must insurable At the time of application.
interest exist in life
insurance?
When does coverage At the time of the application.
begin, if the premium was
submitted with the
application, and the policy
was issued two weeks
later?
If an agent makes a The applicant.
mistake on the application
and then corrects it, who
must initial that change?
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,9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
Insurers may change what The rates by class.
on a guaranteed
renewable health
insurance polity?
At what age may an At age 65.
individual make
withdrawals from an HSA
for nonhealth purposes
without being penalized?
Which provision states Recurrent Disability Provision
how much time must pass
between two like illnesses
in order for the second
one to be covered under
a new set of benefits?
In forming an insurance When an insurer's underwriter approves coverage
contract, when does
acceptance occur?
What is an important Diagnostic and preventive care
feature of a dental
expense insurance plan
that is not found in a
medical expense
insurance plan?
What best describes the The insured is not required to pay a deductible
"first-dollar coverage"
principle in basic medical
insurance?
Occasional visits by what Attending physicians
medical professionals will
not be covered under
Long-Term Care's home
health care?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 2/42
,9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
Can an individual who Yes, they can use any physician even if not part of the
belongs to a POS plan use HMO
an out-of-network
physician?
What is the advantage of The original age is used for premium determination
reinstating a policy instead
of applying for a new
one?
What would basic medical Surgeon's services
expense coverage not
cover?
What is not provided by Reimbursement
an HMO?
What insurance Third-party ownership
arrangements will be
appropriate for a parent
buying a life insurance
policy on a child where
the parent is the
policyowner?
What is not true about Dividend amounts are guaranteed in the policy
dividends?
What is not true about Death benefits are paid only if death occurs within 24
Accidental Death and hours of an accident
Dismemberment?
When would a 20-pay When the insured reaches age 100
whole life policy endow?
What section of a health Insuring Clause
policy that states the
causes of eligible loss
under which an insurance
is assumed to be
disabled?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 3/42
, 9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
The insurance clause of a The method of premium payment
disability policy usually
states what except?
What best describes It is level term insurance
annually renewable term
insurance?
What best describes an Period of time during which accumulated money is
annuity period? converted into income payments
What is an eligibility Have attained fully insured status
requirement for all Social
Security Disability Income
benefits?
What protects the insured Automatic premium loan
from unintentional policy
lapse due to a
nonpayment of premium?
What is the maximum $300,000
amount that the Nevada
Life & Health Insurance
Guaranty Association be
obligated to pay with
respect to life insurance
death benefits for one
life?
What is the penalty for $1,000 for each violation
transacting insurance
without a proper license?
What type of Twisting
misrepresentation
persuades an insured to
cancel, lapse, or switch
policies from one to
another?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 4/42
Nevada Life and Health License Exam Prep
Questions 2025 (Actual Exam) Questions with
verified Answers (Latest Update 2025) UPDATE!!
Save
Terms in this set (329)
What are the four required Agreement, consideration, competent parties, and
elements of an insurance legal purpose.
contract?
General Information and the Medical Information. An
What two parts make up a
agent's report can go in a life insurance application
life insurance application?
but is not included in the life insurance policy.
When must insurable At the time of application.
interest exist in life
insurance?
When does coverage At the time of the application.
begin, if the premium was
submitted with the
application, and the policy
was issued two weeks
later?
If an agent makes a The applicant.
mistake on the application
and then corrects it, who
must initial that change?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 1/42
,9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
Insurers may change what The rates by class.
on a guaranteed
renewable health
insurance polity?
At what age may an At age 65.
individual make
withdrawals from an HSA
for nonhealth purposes
without being penalized?
Which provision states Recurrent Disability Provision
how much time must pass
between two like illnesses
in order for the second
one to be covered under
a new set of benefits?
In forming an insurance When an insurer's underwriter approves coverage
contract, when does
acceptance occur?
What is an important Diagnostic and preventive care
feature of a dental
expense insurance plan
that is not found in a
medical expense
insurance plan?
What best describes the The insured is not required to pay a deductible
"first-dollar coverage"
principle in basic medical
insurance?
Occasional visits by what Attending physicians
medical professionals will
not be covered under
Long-Term Care's home
health care?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 2/42
,9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
Can an individual who Yes, they can use any physician even if not part of the
belongs to a POS plan use HMO
an out-of-network
physician?
What is the advantage of The original age is used for premium determination
reinstating a policy instead
of applying for a new
one?
What would basic medical Surgeon's services
expense coverage not
cover?
What is not provided by Reimbursement
an HMO?
What insurance Third-party ownership
arrangements will be
appropriate for a parent
buying a life insurance
policy on a child where
the parent is the
policyowner?
What is not true about Dividend amounts are guaranteed in the policy
dividends?
What is not true about Death benefits are paid only if death occurs within 24
Accidental Death and hours of an accident
Dismemberment?
When would a 20-pay When the insured reaches age 100
whole life policy endow?
What section of a health Insuring Clause
policy that states the
causes of eligible loss
under which an insurance
is assumed to be
disabled?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 3/42
, 9/23/25, 8:31 AM Nevada Life and Health License Exam Prep Questions 2025 (Actual Exam) Questions with verified Answers (Latest Update 2025) …
The insurance clause of a The method of premium payment
disability policy usually
states what except?
What best describes It is level term insurance
annually renewable term
insurance?
What best describes an Period of time during which accumulated money is
annuity period? converted into income payments
What is an eligibility Have attained fully insured status
requirement for all Social
Security Disability Income
benefits?
What protects the insured Automatic premium loan
from unintentional policy
lapse due to a
nonpayment of premium?
What is the maximum $300,000
amount that the Nevada
Life & Health Insurance
Guaranty Association be
obligated to pay with
respect to life insurance
death benefits for one
life?
What is the penalty for $1,000 for each violation
transacting insurance
without a proper license?
What type of Twisting
misrepresentation
persuades an insured to
cancel, lapse, or switch
policies from one to
another?
https://quizlet.com/1081002949/nevada-life-and-health-license-exam-prep-questions-2025-actual-exam-questions-with-verified-answers-latest-update… 4/42
