NC Health Insurance Exam 2025 –
Pearson VUE Practice Questions & Study
Guide|| GRADED A+|| LATEST UPDATE
2025/26
Definitions - Broker -CORRECTANSWER Means a person who, being a licensed agent,
procures insurance for a party other than himself through a duly authorized agent or an
insurer that is licensed to do business in this State bur for which the broker is not
authorized to act as an agent.
Definitions - Limited Representative -CORRECTANSWER Means a person is
authorized by the Commissioner (Wayne Goodwin) to solicit or negotiate contracts for
particular kinds of insurance (Motor Club, Dental, Travel) and which kind of insurance is
restricted in the scope of coverage afforded.
Procure -CORRECTANSWER Means to Obtain
Representation 1 -CORRECTANSWER Every agent or limited representative
represents the INSURANCE COMPANY and NOT the insured or his beneficiary.
Representation 2 -CORRECTANSWER Every broker in any controversy between the
insured or his beneficiary is regarded as representing the INSURED OR HIS
BENEFICIARY and NOT the insurer.
, General License Requirements -CORRECTANSWER A life insurance license
authorized a resident agent to sell variable contract if the agent satisfies the
Commissioner (Wayne Goodwin) that the agent has met the Financial Industry
Regulatory Authority (FINRA) requirements of the Secretary of State in NC.
General License Requirements -CORRECTANSWER A health insurance license
authorizes a resident agent to sell Medicare supplement and long-term care insurance
policies if the agent takes and passes a supplemental written examination for the
insurance license.
General License Requirements -CORRECTANSWER A limited rep., may receive
qualification for one or more licenses without examination for the following kinds of
insurance:
1. Dental
2. Credit Life
3. Motor Club
4. Prearrangement Insurance
5. Travel Accident and Baggage
AKA - Limited Rep.
Pearson VUE Practice Questions & Study
Guide|| GRADED A+|| LATEST UPDATE
2025/26
Definitions - Broker -CORRECTANSWER Means a person who, being a licensed agent,
procures insurance for a party other than himself through a duly authorized agent or an
insurer that is licensed to do business in this State bur for which the broker is not
authorized to act as an agent.
Definitions - Limited Representative -CORRECTANSWER Means a person is
authorized by the Commissioner (Wayne Goodwin) to solicit or negotiate contracts for
particular kinds of insurance (Motor Club, Dental, Travel) and which kind of insurance is
restricted in the scope of coverage afforded.
Procure -CORRECTANSWER Means to Obtain
Representation 1 -CORRECTANSWER Every agent or limited representative
represents the INSURANCE COMPANY and NOT the insured or his beneficiary.
Representation 2 -CORRECTANSWER Every broker in any controversy between the
insured or his beneficiary is regarded as representing the INSURED OR HIS
BENEFICIARY and NOT the insurer.
, General License Requirements -CORRECTANSWER A life insurance license
authorized a resident agent to sell variable contract if the agent satisfies the
Commissioner (Wayne Goodwin) that the agent has met the Financial Industry
Regulatory Authority (FINRA) requirements of the Secretary of State in NC.
General License Requirements -CORRECTANSWER A health insurance license
authorizes a resident agent to sell Medicare supplement and long-term care insurance
policies if the agent takes and passes a supplemental written examination for the
insurance license.
General License Requirements -CORRECTANSWER A limited rep., may receive
qualification for one or more licenses without examination for the following kinds of
insurance:
1. Dental
2. Credit Life
3. Motor Club
4. Prearrangement Insurance
5. Travel Accident and Baggage
AKA - Limited Rep.
