Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers
Health Care Accounts and Dependent Care Accounts What are the 2 types of Flexible
Spending Accounts?
Cash value is guaranteed Concerning a Whole Life Policy, which of the following
statements is correct?
Unearned premiums are retained by the insurance company According to the Rights of
Renewability rider for cancellable policies, all of the following are correct about the cancellation
of an individual insurance policy EXCEPT
Assets In a replacement situation, all of the following must be considered EXCEPT
Be licensed as a Life Insurance Producer For an agent to sell continuous care coverage,
the agent must meet all of the following requirements EXCEPT
Insurance Consultant Which of the following licensees are not compensated directly
related to the amount of insurance sold?
3 Hours Producers must complete how many hours of continuing education on the
subject of ethics every licensing period?
, The more liberal 'Own Occupation' Which of the following definitions would make it
easier to qualify for total disability benefits?
Plan A Which of the following must be present in all Medicare Supplement plans?
Premium Receipt Most agents try to collect the initial premium for submission with the
application. When an agent collects the initial premium from the applicant, the agent should
issue the applicant a
Renewal Provision Which health insurance provision describes the insured's right to
cancel coverage?
Increasing Term Used for a Return of Premium rider
Recurrent Disability When an insurer combines two periods of disability into one, the
insured must have suffered a
First Dollar of Expense Basis NOT true of a major-medical health insurance policy
Lower Interest Rates NOT true regarding Equity Indexed Annuities
Individual Benefit Selection Underwriting a group health insurance plan that is paid for
by the employer requires all of the following EXCEPT
Health Care Accounts and Dependent Care Accounts What are the 2 types of Flexible
Spending Accounts?
Cash value is guaranteed Concerning a Whole Life Policy, which of the following
statements is correct?
Unearned premiums are retained by the insurance company According to the Rights of
Renewability rider for cancellable policies, all of the following are correct about the cancellation
of an individual insurance policy EXCEPT
Assets In a replacement situation, all of the following must be considered EXCEPT
Be licensed as a Life Insurance Producer For an agent to sell continuous care coverage,
the agent must meet all of the following requirements EXCEPT
Insurance Consultant Which of the following licensees are not compensated directly
related to the amount of insurance sold?
3 Hours Producers must complete how many hours of continuing education on the
subject of ethics every licensing period?
, The more liberal 'Own Occupation' Which of the following definitions would make it
easier to qualify for total disability benefits?
Plan A Which of the following must be present in all Medicare Supplement plans?
Premium Receipt Most agents try to collect the initial premium for submission with the
application. When an agent collects the initial premium from the applicant, the agent should
issue the applicant a
Renewal Provision Which health insurance provision describes the insured's right to
cancel coverage?
Increasing Term Used for a Return of Premium rider
Recurrent Disability When an insurer combines two periods of disability into one, the
insured must have suffered a
First Dollar of Expense Basis NOT true of a major-medical health insurance policy
Lower Interest Rates NOT true regarding Equity Indexed Annuities
Individual Benefit Selection Underwriting a group health insurance plan that is paid for
by the employer requires all of the following EXCEPT
