Health insurance agent

NC Insurance Licensing Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS P is a producer who notices 5 questions on a life application were not answered. What actions should P take? - Answer -Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? - Answer -Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums - An...

NC LIFE INSURANCE STATE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS CREDIT LIFE - Answer -a special type of coverage written to the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. BUY-SELL AGREEMENTS - Answer -a legal contract that determines what will be done with a business in the event that an owner dies or becomes disabled. Otherwise known as a business continuation agreement INSURABLE INTEREST - Answer -to purchase insuran...

NC life insurance simulated Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Blackstone Insurers is incorporated in New York, where it has also received a certificate of authority to transact insurance. what type of insurer is Blackstone in New York? - Answer -Admitted insurer Jennifer applied for a $500,000 whole life insurance policy. the insurer issued the policy but classified jennifer as a substandard risk, resulting in a higher premium. which type of poli...

NC LIFE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS The validity of the policy cannot be conested once it has been in force for at least how many years after its date of issue? - Answer -2 Years A rider attached to a life insurance policy that provides coverage on the insured's family members is called the - Answer -Other-insured rider When an insured makes truthful statements on the application for insurance and pays the required premium, it is know as what - Answer - Con...

NC LIFE EXAM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS The validity of the policy cannot be conested once it has been in force for at least how many years after its date of issue? - Answer -2 Years A rider attached to a life insurance policy that provides coverage on the insured's family members is called the - Answer -Other-insured rider When an insured makes

“Which of the following actions will the insurance company take? - CORRECT ANSWER=> The insurer will adjust the benefit to what the premiums paid would have purchased at the insured's actual age" "The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the - CORRECT ANSWER=> Insuring clause" "If an individual has an Accidental Death and Dismemberment policy and dies, an autopsy can be performed in all these situa...

Comprehensive Final Examination- NC Life Agent Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Which type of life policy contains a monthly mortality charge as well as self-directed investment choices? - Answer -Variable Universal Life If X wants to buy $50,000 worth of permanent protection on his/her spouse and $25,000 worth of 10-year Term coverage on X under the same policy, the applicant should purchase - Answer -A Whole Life Policy with Other Insured Rid...

"Which medical plan covers doctor visits while the insured is in the hospital and physical therapy treatments following release from the hospital? - limited medical policy - basic hospital expense policy - comprehensive major medical insurance - supplementary major medical insurance - CORRECT ANSWER=> comprehensive major medical insurance" "Which is NOT a managed care provider? - health maintenance organizations (HMOs) - preferred provider organizations (PPOs) - provide...

Final Exam - North Carolina Life Agent | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Life insurance and Annuity Replacements define replacement as - Answer -exchanging an existing policy for a new policy S is a life insurance policyowner and enters into a written agreement to receive immediate cash in exchange for the sale and transfer of her life insurance policy. This agreement is referred to as a(n): - Answer -Viatical Settlement P died five years after purch...

NC Life Insurance Annuities | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Deferred - Answer -withheld or postponed until a specified time or event in the future Life contingency - Answer -Dependent upon whether or not the insured is alive Liquidation of an Estate - Answer -converting a person's net worth into a cash flow Natural person - Answer -a human being